Close Menu
Ghana ElectionsGhana Elections
  • Elections
  • Politics
  • Business
  • Social
  • Editor Picks
  • Technology
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Mahama Ayariga confirmed as Majority Leader

I trust Haruna Iddrisu’s ability to excel as Education Minister – Ntim Fordjour

Mahama’s inauguration: Burkina Faso’s Traore’s sidearm and its implication

Facebook X (Twitter) Instagram YouTube
Facebook X (Twitter) Instagram Pinterest Vimeo
Ghana ElectionsGhana Elections
  • Elections
  • Politics
  • Business
  • Social
  • Editor Picks
  • Technology
  • Sports
Subscribe
Ghana ElectionsGhana Elections
You are at:Home»News»I’m surprised at NPRA’s clearance for SSNIT hotels’ sale – Abraham Koomson
News

I’m surprised at NPRA’s clearance for SSNIT hotels’ sale – Abraham Koomson

Ghana ElectionBy Ghana ElectionJuly 12, 2024No Comments3 Mins Read
WhatsApp Facebook Twitter Telegram LinkedIn
I’m surprised at NPRA’s clearance for SSNIT hotels’ sale – Abraham Koomson
Abraham Koomson, General Secretary of GFL
Share
Facebook Twitter LinkedIn WhatsApp Email

The General Secretary of the Ghana Federation of Labour of the Trade Union Congress (TUC), Abraham Koomson, has expressed his disbelief over the National Pensions Regulatory Authority’s (NPRA) approval for the Social Security and National Insurance Trust (SSNIT) to proceed to in its sale of four hotels to Rock City Hotel.

In an interview on JoyNews’ The Pulse on Thursday, July 11, he expressed skepticism and surprise at the news, asserting that SSNIT should not be able to sell the hotels without proper consultation.

“I am not very sure this story is true…I’m surprised. They can’t sell it,” he said.

He mentioned that Organised Labour will meet on Friday to discuss the development.

The Employment Minister, Ignitius Baffuor Awuah on Thursday informed Parliament that the NPRA has cleared SSNIT to proceed with the sale of four hotels to Bryan Acheampong’s Rock City Hotel.

Initially, the NPRA had asked SSNIT to halt the transaction due to public opposition.

However, the Minister explained that the NPRA’s initial directive was to ensure all details of the sale were provided.

“So, as I Minister, I can tell you on authority that NPRA has since indicated that they had seen the processes and they think that SSNIT can go ahead,” he said.

Mr Koomson expressed doubt about the Employment Minister’s briefing to Parliament, since the Minister is not a member of the SSNIT board.

“I doubt him, I doubt it. They can’t go behind us and do what they are doing,” he added.

The General Secretary emphasised that organised labour opposes the sale of SSNIT’s 60% stake in the four hotels to Rock City Hotel, which is owned by Bryan Acheampong, the Minister of Food and Agriculture and MP for Abetifi Constituency.

He questioned the financial capacity of Rock City Hotel to handle such a transaction, insisting they cannot afford it and should not be forced into the deal.

North Tongu MP, Samuel Okudzeto Ablakwa, who blew the whistle on the deal, has questioned the ability of the Food and Agriculture Minister, Bryan Acheampong to transform the fortunes of the SSNIT hotels he seeks to purchase with his company Rock City Hotel Limited.

Mr Ablakwa said the deal is part of what he calls state capture by appointees of the Akufo-Addo government.

According to him, Labadi Beach Hotel, Ridge Royal, and the other hotels are profitable facilities whereas Rock City Hotel Limited has been consistently reporting losses.

 

Source: myjoyonline.com

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleAblakwa hints at nationwide demo, strike actions over SSNIT hotels’ sale
Next Article You can’t compare Akufo-Addo to even Mahama to talk about Nkrumah – Eric Asane Tano
Ghana Election
  • Website

Related Posts

Mahama Ayariga confirmed as Majority Leader

January 23, 2025

I trust Haruna Iddrisu’s ability to excel as Education Minister – Ntim Fordjour

January 23, 2025

Mahama’s inauguration: Burkina Faso’s Traore’s sidearm and its implication

January 23, 2025
Leave A Reply Cancel Reply

Top Posts

NDC USA CONGRATULATES PROF. JANE NAANA OPOKU-AGYEMANG ON HER NOMINATION AS RUNNING MATE TO H.E JOHN MAHAMA

March 8, 2024190 Views

AFAG’s CONDEMNATION OF HON. ASIEDU NKETIAH: A POLITICALLY MOTIVATED AND MISCALCULATED MOVE

September 19, 2024148 Views

Dr. Spio-Garbrah tipped to partner Mahama

March 5, 2024143 Views

Nacee projects NDC’s ‘24-hour Economy’ policy in new campaign songs

September 11, 2024116 Views
Stay In Touch
  • Facebook
  • Twitter
  • Instagram
  • YouTube
© 2025 Ghana Elections
  • Elections
  • Politics
  • Business
  • Social
  • Editor Picks
  • Technology
  • Sports

Type above and press Enter to search. Press Esc to cancel.