The Sekondi-Takoradi Metropolitan Assembly (STMA) generated GH¢9.8 million in Internally Generated Funds (IGF) during the first half of 2026, representing 47.2 percent of its annual target of GH¢20.75 million.
Mr Frederick F. Faidoo, the Sekondi-Takoradi Metropolitan Chief Executive (MCE), said the revenue was realised from rates, lands and concessions, fees and fines, licences, and rents.
He disclosed this at the Second Ordinary Meeting of the Third Session of the Ninth Sekondi-Takoradi Metropolitan Assembly held in Sekondi.
The meeting brought together Assembly Members, management of the STMA, heads of departments and agencies, and other stakeholders to review the Assembly’s performance for the first half of the year and discuss strategies to accelerate the development of the metropolis.
Mr Faidoo said the Assembly’s total expenditure as of the end of June stood at GH¢9.38 million out of a budget of GH¢20.75 million, representing a budget execution rate of 45.2 percent.
He said GH¢8.5 million, representing 56 per cent of IGF expenditure, was spent on goods and services, while capital expenditure amounted to GH¢66,973 against a projected GH¢2.46 million, representing three per cent of the allocation.
On security, the MCE said the metropolis remained generally peaceful despite isolated cases of theft, illegal dumping, traffic and noise offences, minor disturbances and chieftaincy-related issues.
He said the Metropolitan Security Council (MESEC), working with the security agencies, continued to respond promptly to emerging security concerns to protect lives and property.
Touching on social welfare, Mr Faidoo said the Assembly, through its Department of Social Welfare and Community Development, had sustained interventions to improve the livelihoods of vulnerable groups.
He said 127 households had been enrolled onto the Livelihood Empowerment Against Poverty (LEAP) programme, while 19,966 vulnerable persons had their National Health Insurance Scheme (NHIS) membership enrolled or renewed in collaboration with the National Health Insurance Authority (NHIA) to improve access to healthcare.
On agriculture, the MCE said the Assembly continued to support the Government’s agricultural transformation agenda through initiatives aimed at improving food security and livestock production.
He said the Assembly had received 300,000 day-old chicks under the Government’s Nkokonkitinkiti programme for distribution to registered poultry farmers across the metropolis’s three constituencies.
Mr Faidoo said the Assembly had also intensified efforts to improve environmental sanitation through enhanced waste management initiatives.
He added that in collaboration with the Metropolitan Education Directorate, the Assembly continued to prioritise quality education and the holistic development of learners across the metropolis.
The MCE also highlighted progress in the roads, transport and tourism sectors and called on Assembly Members to support the implementation of programmes and projects to accelerate the development of the metropolis.
