Freddie Blay Justifies Allowance Hikes For GNPC Management

The Board Chairman of the Ghana National Petroleum Corporation (GNPC) Freddie Blay has justified allowance increases for GNPC management after questions were raised.

According to Mr Blay, the increment is reasonable and approved before its implementation.

His comment comes after North Tongu MP Samuel Okudzeto Ablakwa raised concerns about the exorbitant increase of allowances to GNPC management.

Ablakwa posted on social media platform X (formerly Twitter) that GNPC management had hiked their allowances by up to 150 percent, citing intercepted memos indicating a rise in daily hotel rates from $400 to $1000, depending on the destination.

But Mr Freddie Blay suggests his concerns are baseless. 

“GNPC agreed across the board to increase allowances and it wasn’t fantastic. It was not outrageous. It was reasonable and it was in 2022. So if somebody was complaining of it and made it look like this is 2024, he was only taking benefit of such reasonable increases and capital out of it.” He saidKing Edward Ambrose Washman Addo/