• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, July 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Minority’s Opposition To SSNIT Hotel Sale, A Mix of Concerns and Politics

June 18, 2024
Lilian Ahedorby Lilian Ahedor
in Opinions
0
SSNIT scandal

SSNIT

The minority’s opposition to the sale of SSNIT hotels to the Minister of Food and Agriculture, Bryan Acheampong, is a complex issue driven by both genuine concerns and political motivations.

A major ethical concern is the potential conflict of interest, which could lead to biased decision-making and undue influence given Bryan Acheampong’s position as a Minister and a businessman.

The Minister’s involvement in the purchase raises ethical questions, as he may have had access to privileged information, potentially giving him an unfair advantage in the sale process.

RelatedPosts

Public Voice Consequential in Ghana’s Fuel Levy Rollout

The Article 14 Puzzle: Law Violation or Legal Technicality?

John Mahama: Trump’s Unfounded Attack on Cyril Ramaphosa was an Insult to all Africans

This is a valid concern, as it is essential to ensure that public officials do not use their positions for personal gain.

Furthermore, there is a significant risk of national assets being squandered or misappropriated, which could lead to irreversible damage to the country’s economic and strategic interests.

SSNIT hotels are strategic national assets, and their sale to a government official may be seen as a potential conflict of interest and a loss of national resources.

As such, the minority caucus in Parliament may be advocating for the preservation of these assets for future generations.

Moreover, transparency is a vital concern, as a lack of openness and accountability could lead to unchecked corruption, abuse of power, and erosion of public trust.

The minority may be pushing for greater transparency in the sale process, including the valuation of the hotels, the sale terms, and the use of public funds.

This is essential to ensure that the sale is conducted in a fair, open, and accountable manner.

As a show of opposition to the sale of SSNIT hotels to the Minister, the Minority in Parliament has declared its full support for the upcoming protest, dubbed “Hands Off Our Hotels Demonstration”, which is scheduled to take place on Tuesday, 18th June 2024, in Accra, and is being organized by Hon. Samuel Okudzeto Ablakwa.

“The demonstration has been called to protest against the Akufo-Addo/Bawumia government’s shady sale of state-owned hotels to the Minister of Agriculture, Bryan Acheampong”.

“This sweetheart deal which transfers iconic and profitable state-owned hotels to a cabinet minister further confirms the wanton cronyism, official corruption, and state capture that have become the hallmark of the NPP government”.

NDC Minority Caucus In Parliament

As such, the Minority stated that the attempt to sell off profitable state-owned hotels to Hon. Bryan Acheampong is wrong, unacceptable, and must not be condoned.

Political Agendas At Play

However, it is evident that political machinations are also a significant factor in this situation, with various interests and agendas influencing the decision-making process.

minority in parliament
minority-in-parliament

The minority may be seeking to discredit the government and the Minister, leveraging this issue to score political points.

Political rivalry and a desire to assert their influence may also be driving the Minority’s opposition to the sale of the hotels.

Furthermore, the minority may be using this issue as part of their election strategy, positioning themselves as champions of good governance and accountability.

By highlighting the potential conflicts of interest and lack of transparency, they may be seeking to win public support and demonstrate their commitment to accountability.

Moreover, the minority is capitalizing on the government’s perceived indifference to the public’s concerns, portraying itself as a more empathetic and attractive option for voters in this critical election year.

As such, the NDC Minority argued that this move is just the latest in a string of dubious deals that have left Ghanaians questioning whether the Akufo-Addo/Bawumia government is genuinely committed to serving the people or simply exploiting their power to enrich themselves by plundering state-owned enterprises and strategic assets.

This development has further undermined public faith in the government’s commitment to the nation’s well-being, handing the Minority a powerful tool to criticize the NPP’s stewardship and gain political mileage.

“We, therefore, want to use this opportunity to indicate the Minority’s strong opposition to the sale of these hotels to the Minister of Agriculture, Hon Bryan Acheampong, and urge the public to join Tuesday’s “Hands Off Our Hotels Demonstration” to send a strong signal to the government that the people of Ghana take exception to this shady deal. Enough is enough!”

NDC Minority Caucus In Parliament

In conclusion, the minority’s opposition to the sale of SSNIT hotels is driven by both genuine concerns and political motivations.

While it is essential to ensure accountability and transparency in the sale process, political opportunism should not overshadow legitimate concerns. A balanced approach that prioritizes good governance and accountability is crucial in resolving this issue.

READ ALSO: Investors Run Away from Govt’s Short Term Debt Auction: A Telltale Sign of A Dying Economy?

Tags: DemonstrationeconomyNDCNPPPresident Akufo-AddoSSNIT Hotel Sale
Please login to join discussion
Previous Post

MoH Responds to Medical Laboratory Workers’ Strike Notice

Next Post

Ghana and Other EMs Face Delayed Recovery Due to Robust Dollar- Analyst

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Image of Ablekuma north rerun violence
General News

CODEO Condemns Violence, Vote Buying, Security Failures in Ablekuma North Rerun

July 14, 2025
BoG Blows $1.4 Billion in Forex in Just Three Months—IMF Raises Red Flags
Economy

BoG Blows $1.4 Billion in Forex in Just Three Months—IMF Raises Red Flags

July 14, 2025
EU Trade Commissioner, Maros Sefcovic.
Europe

Trump’s 30% Tariffs Deemed Prohibitive To EU-US Trade

July 14, 2025
Dr. Rasheed Draman, NDC, Majority
General News

NDC’s Parliamentary Majority Prompts Mixed Reactions From Experts

July 14, 2025
Ghana Faces Identity Crisis After Hiplife Decline
Entertainment

Ghana Faces Identity Crisis After Hiplife Decline

July 14, 2025
Argentinian President Lauds Israeli Military’s Latest Captive Release
Europe

Criticisms Of Planned “Humanitarian City” In Gaza Grow

July 14, 2025
Image of Ablekuma north rerun violence
General News

CODEO Condemns Violence, Vote Buying, Security Failures in Ablekuma North Rerun

by Evans Junior OwuJuly 14, 2025
BoG Blows $1.4 Billion in Forex in Just Three Months—IMF Raises Red Flags
Economy

BoG Blows $1.4 Billion in Forex in Just Three Months—IMF Raises Red Flags

by Stephen M.CJuly 14, 2025
EU Trade Commissioner, Maros Sefcovic.
Europe

Trump’s 30% Tariffs Deemed Prohibitive To EU-US Trade

by Comfort AmpomaaJuly 14, 2025
Dr. Rasheed Draman, NDC, Majority
General News

NDC’s Parliamentary Majority Prompts Mixed Reactions From Experts

by Silas Kafui AssemJuly 14, 2025
Ghana Faces Identity Crisis After Hiplife Decline
Entertainment

Ghana Faces Identity Crisis After Hiplife Decline

by Esther Korantemaa OffeiJuly 14, 2025
Argentinian President Lauds Israeli Military’s Latest Captive Release
Europe

Criticisms Of Planned “Humanitarian City” In Gaza Grow

by Comfort AmpomaaJuly 14, 2025
Image of Ablekuma north rerun violence
BoG Blows $1.4 Billion in Forex in Just Three Months—IMF Raises Red Flags
EU Trade Commissioner, Maros Sefcovic.
Dr. Rasheed Draman, NDC, Majority
Ghana Faces Identity Crisis After Hiplife Decline
Argentinian President Lauds Israeli Military’s Latest Captive Release
[/vc_row_inner]

Recent News

  • CODEO Condemns Violence, Vote Buying, Security Failures in Ablekuma North Rerun
  • BoG Blows $1.4 Billion in Forex in Just Three Months—IMF Raises Red Flags
  • Trump’s 30% Tariffs Deemed Prohibitive To EU-US Trade
  • NDC’s Parliamentary Majority Prompts Mixed Reactions From Experts
  • Ghana Faces Identity Crisis After Hiplife Decline
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.