8 State Enterprises To Render Account

Kojo Oppong Nkurmah

A total of eight State Owned Enterprises (SoEs) and agencies are set to explain how they made substantial progress in the last 23 months of the Akufo-Addo administration at the 5th National Policy Summit.

The summit would take place on Sunday, December 9, 2018 in Takoradi.

They are the Accra Digital Centre, Ghana National Petroleum Corporation (GNPC), Free Zones Board (GFZB), State Housing Company, Food and Drugs Authority, the National Entrepreneurship and Innovation Plan (NEIP), Microfinance and Small Loans Centre (MASLOC), Inter-ministerial Committee on Illegal Mining.

Speaking at the Information Ministry’s bi-weekly press briefing on Wednesday in Accra, Minister of Information, Kojo Oppong Nkurmah, who briefed the media, said Chief Executive Officers and top officials of the SOEs and agencies would outline their strategies and operations under the auspices of the State Enterprises Commission.

“It’s our expectation that their stories will challenge others to achieve similar success while offering stakeholders an opportunity to engage and give feedback.

The two-day summit is expected to end on Monday, December 10.

Mr. Oppong Nkrumah disclosed that “all through Monday in Takoradi at the 5th National Policy Summit, the CEOs of these enterprises and programmes will be giving detailed outline of how they have worked to turn these sectors around, the tangible results of their work so far and the significance of these gains to the national economic renaissance.”

Explaining further, the Minister observed that “GFZB for example has recorded over $1 billion in exports so far, Accra Digital Centre, for example, has deployed a mechanism that has created over 1,000 jobs in their sector alone and State Housing Company, 250.”

The theme for this year’s event is “Improving Performance in State Owned Enterprises.”

Mr. Oppong Nkrumah stated that “at the beginning of the administration’s work, major challenges were announced in some SOEs, as well as sectors of our national economy.”

“But the work of the boards, CEOS and staff of these enterprises has culminated in a turnaround in a significant number of SOEs and sectors.”

By Melvin Tarlue