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It has been revealed that despite the financial difficulties that the country is currently facing, the management and Board members of the <a href="https://www.pulse.com.gh/news/politics/public-accounts-committee-members-clash-over-gnpc-ghcent54m-sponsorship-package-to/6r0jj40">Ghana National Petroleum Company</a> Limited (GNPC) have increased their allowances by up to 150%.

Check out the hotel allowance, per diem for GNPC management and board members | Pulse Ghana

Emmanuel Tornyi

<p>The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, disclosed this information in an X post.</p>

<p>He stated that in 2022, when Ghana's economic crisis worsened, the Board Chairman, Freddie Blay, the Chief Executive, Board Members, and External Committee Board Members approved new rates as per diem and hotel rates, contrary to the government's assurances to Parliament of a general pay-cut.</p>

<p>Ablakwa revealed that the allowances for a day's hotel rate have been raised from $400 to $1000, €400 to €1000, or £400 to £1000, depending on the travel destination.</p>

<p>Additionally, the daily hotel rate allowance has been raised from $400 to $1000, €400 to €1000, or £400 to £1000 for all members.</p>

<p>Furthermore, per diem for the Board Chairman has increased from $500 to $850, €500 to €850, or £500 to £850. For the CEO and other board members, the per diem has increased from $500 to $700, €500 to €700, or £500 to £700, based on the travel destination.</p>

<p>Ablakwa argues that it is necessary to regulate the discretion of boards and CEOs of State-Owned Enterprises to determine their own salaries and allowances without parliamentary approval.</p>

<p>This is especially important when most SOEs are being mismanaged and making huge losses.</p>

<div class="embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">When a government asks everyone to take financial haircuts due to the effects of their economic mismanagement, we don’t expect its officials to be approving for themselves fat increments in allowances. <br><br>Intercepted memos from GNPC reveal that the Freddie Blay-led board and… <a href="https://t.co/Bhxkh1Kdfr">pic.twitter.com/Bhxkh1Kdfr</a></p>&mdash; Sam Okudzeto Ablakwa (@S_OkudzetoAblak) <a href="https://twitter.com/S_OkudzetoAblak/status/1767458441189068974?ref_src=twsrc%5Etfw">March 12, 2024</a></blockquote>
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Check out the hotel allowance, per diem for GNPC management and board members

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