The Majority Chief Whip, Frank Annoh-Dompreh, has praised the Ghana National Gas Company (GNGC) CEO, Dr Benjamin K. D. Asante, for his remarkable efforts since his inception.
In 2017, Dr Asante replaced Dr George Sipa Yankey as CEO after his appointment by President Akufo-Addo as the caretaker of the Company.
Taking to Twitter, Mr Annoh-Dompreh noted that several initiatives have been taken under the leadership of Dr Asante, which are "worth celebrating."
2. The indigenization saves the tax-payer a monthly bill of $3M ($36M annually) for engaging the services of expatriates.
— Hon. Frank Annoh-Dompreh (@FAnnohDompreh) February 22, 2022
It has opened up opportunities for young engineering graduates & employment for Ghanaian workers, while deepening local participation in the oil & gas sector
He mentioned that the decision to indigenize operations of GNGC's installations is one of the best initiatives taken by its management.
According to him, due to the indigenisation process, a monthly bill of $3million is being saved for not engaging the services of expatriates. This amounts to $36m annually.
Aside from saving Ghana such a colossal amount, the Nsawam-Adoagyiri MP stated that the process has created job opportunities, particularly for young engineering graduates, and deepened local participation in the oil and gas sector.
5. As part of its CSR, the company has completed about 150 projects across the nation covering areas such as education, health, boreholes, roads security, social development and sports – the construction of Astro Turfs.
— Hon. Frank Annoh-Dompreh (@FAnnohDompreh) February 22, 2022
Under the leadership of Dr Asante, he indicated that GNGC "increased its local workforce by about 300% from 2017 to 2021", adding that "gas flow has remarkably increased from 90mmscfd to 300mmscfd since the indigenization."
Mr Annoh-Dompreh noted that GNGC, through its Corporate Social Responsibility (CSR), has completed about 150 projects across the nation.
These said projects cover education, health, boreholes, roads security, social development and sports – the construction of Astro Turfs.
Latest Stories
-
Police ‘waiting for court date’ on Erastus’ case is a lie – Samson Anyenini
4 mins -
Sports facilities are better managed by institutions – UG Sports Director on maintenance of Legon stadium
34 mins -
Ghanaian businesses must align vision with strategy to mitigate ESG Risks – KPMG
44 mins -
MTN achieves 30% localisation of Scancom PLC
45 mins -
Attorney-General: Some lawyers sacrifice ethics for ‘cheap’ political gains
56 mins -
Bond market: Volume up by 12.45% to GH¢746m
57 mins -
Cedi records year-to-date loss of nearly 29%; one dollar going for GH¢17.10
1 hour -
‘Our priorities are wrong in Ghana’ – UG Sports Director on sports development
1 hour -
The Fourth Estate’s investigative report wins 2nd place at 2024 AIJC
1 hour -
GPL: Our fans spur us on – GoldStars head coach Frimpong Manso on unbeaten run
2 hours -
Plantain chips are breaking hearts in Africa
2 hours -
61 new architects acquire state license to practice in Ghana
3 hours -
Masloc CEO honoured as capacity building Shero of the Year
3 hours -
MPs’ Repeated Attempts to Sue the Speaker: Unintended Consequences for the 2024 Elections?
3 hours -
Today’s front pages: Tuesday, November 5, 2024
3 hours