Audio By Carbonatix
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
-
Oil prices rise to six-week high as US-Iran tensions escalate
10 minutes -
Most bus fares in England to be capped at £2 from January
20 minutes -
Cocaine worth $370m seized in Liberia’s biggest-ever drugs bust
29 minutes -
EU clears $110bn Paramount and Warner Bros merger, but it remains on hold in US
38 minutes -
THE LAW 101: Revisiting the 2019 Akonta Mining Judgment
46 minutes -
China’s Moonshot AI stole from Anthropic, Trump tech adviser says
48 minutes -
Google burning through cash with spiralling AI costs
58 minutes -
Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap
1 hour -
Uber, Lyft win court block on NYC law requiring notice before firing drivers
1 hour -
ChatGPT’s advice kept man from seeking medical treatment for dangerous condition, lawsuit claims
1 hour -
Trump praises Nigeria’s efforts against violence towards Christians
2 hours -
Oasis overtake The Beatles in all-time UK album chart
3 hours -
Why WhatsApp usernames could upset Somalia’s anti-terror fight
3 hours -
Mysterious white foam draws crowds on Nigerian highway
4 hours -
Canada’s ‘powerful’ dairy sector is in Trump’s trade crosshairs
4 hours