The paramount Chief of Dormaa Traditional Council, Osagyefo Oseadeyo Dr. Agyemang Badu II, has raised objections to the Bank of Ghana’s (BoG) new head office project, which has been valued at a staggering US$250 million. During the 2023 First General Meeting of the Bono regional House of Chiefs, the Dormaahene shared his perspective on the matter, drawing attention to the allocation of such substantial funds for the construction of an office complex.
The Dormaahene, who also serves as a High Court judge, expressed his concerns about the timing and financial implications of the BoG’s new office project. He questioned whether this was an appropriate time for the central bank to commit such a significant amount of money to a building project. He highlighted the need for a more prudent use of resources, suggesting that a portion of the allocated funds could be directed towards supporting local communities and their development needs.
During his address, Osagyefo Oseadeyo Dr. Agyemang Badu II emphasized the need for strategic allocation of resources to achieve effective development. He pointed out that allocating a substantial amount of money to a building project might not align with the current needs and priorities of the country. The Dormaahene even went so far as to express that he would consider demolishing the building if he had the authority, deeming it a wasteful use of both time and resources.
In addition to the concerns raised by the Dormaahene, newly enstooled Chief Osaberima Asiedu Kotwi, the Chief of Kwatwoman and a member of the Bono regional House of Chiefs, discussed the detrimental effects of chieftaincy disputes on community development. He underlined the importance of resolving such disputes in order to ensure focused efforts towards the improvement of communities. He called for unity among chiefs to collectively work towards common goals for the betterment of citizens and their respective localities.
The Dormaahene’s concerns about the Bank of Ghana’s new office project highlight the ongoing debate surrounding the allocation of significant funds for large-scale infrastructure projects. As voices from various quarters weigh in on the matter, it remains to be seen whether these concerns will influence the trajectory of the project and the prioritization of resources towards more pressing developmental needs.