GNPC budget thrown out

ghana-parliamentDeputy Minority Leader Dominic Nitiwul and some Minority members forced the First Deputy Speaker of Parliament, Ebo Barton Odro, to suspend the approval of programme of activities for the Ghana National Petroleum Corporation (GNPC) for 2015 which contained the Corporation’s budget.

This was because of what they described as some outrageous expenditure quoted in the programme of activities.

The GNPC had stated in its 2015 programme of activities that it would construct a new head office in Accra at the cost of $16 million, which translates into about GH¢60 million, and also make general or administrative expenses to the tune of $16 million.

A whopping amount of $26.6 million, which translates into GH¢98.4 million, had been budgeted for research and technology centre while other works on landed property would cost the nation $3.6 million or GH¢13.3 million. But the Minority, led by Mr Dominic Nitiwul, said the figures quoted were outrageous and needed to be probed further by the Committee of Mines and Energy.

The deputy minority leader did not understand why the programme of activities for the GNPC, which should have been approved by Parliament in January or February this year, had been brought to the House so late that it’s almost at the end of the year, by which time the Corporation had already made some expenses.

“It is wrong for Parliament to consider the programme of activities for GNPC at this time because it will mean we are just rubber-stamping this programme of activities without proper scrutiny,” he charged, adding that it would be better to ask officials of GNPC to give specific details about the new head office which will cost the nation about GH¢60 million and the general expenses which will also cost the nation GH¢60 million.

He noted that Parliament would not be able to know whether the GNPC had already started the construction of its new head office or not.

Mr Nitiwul said he could not fathom why such a huge figure of GH¢98.4 million could be budgeted on just a research and technology centre.

“Mr Speaker, we must be careful about these figures because we don’t have any specific details and as a Parliament, we must exercise our oversight responsibility very well,” he entreated.

The Deputy Majority Leader, Alfred Agbesi, also supported the argument of the Minority saying the cost of constructing a new head office for the GNPC is a bit on the high side and that the figure ought to be looked at again.

The First Deputy Speaker, Ebo Barton Odro, who was presiding, suspended the approval and asked leaders of both sides of the House to consult and if possible ask the Mines and Energy Committee to get more details of the expenditure.

By Thomas Fosu Jnr

POST TAGS

ABOUT: Nana Kwesi Coomson

[email protected]

An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

View all posts by: Nana Kwesi Coomson  

Leave a Reply

Your email address will not be published. Required fields are marked *

ABOUT 233TIMES

233times is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more.

233times reports on major events,news covering entertainment, politics, sports, business, technology, etc from within Ghana, Africa and beyond.

We have a platform for the amateur artistes to portray their staggering talents ...more...

CONTACT US

For further enquiries, please contact us via our contact us page link: CONTACT

WE ON SOCIAL MEDIA. FOLLOW US


To advertise with us or make enquiries, please visit 233times.net/advertise or call Selorm (Selorm) | Selorm (Nana Kwesi)