SSNIT hotels sale controversy unnecessary – Akufo-Addo
President Akufo-Addo has described as needless, the controversy that greeting the decision to sell hotels owned by the Social Security and National Insurance Trust (SSNIT) to his Minister for Agriculture, Bryan Acheampong’s Rock City Hotels.
North Tongu Member of Parliament Samuel Okudzeto Ablakwa in partnership with organised labour staged a protest culminating in a nationwide industrial action over what they saw as a distress sale of the hotels, including a profitable one, to a government appointee.
Organised labour subsequently revealed plans to reform representatives on SSNIT which has stakes in these hotels.
However commenting on the matter at the 12th Quadrennial Delegates Congress of the Trades Union Congress, President Akufo-Addo indicated that the controversy was unnecessary.
Contrary to arguments that SSNIT is not being managed properly, the president pointed to a profit of over GHȼ230 million being made by SSNIT which he believes is indicative of the gains being made by the state agency.