Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has announced the next stage of opposition to the sale of SSNIT's 60% stake in four top hotels.

According to him, the subsequent approach is to obstruct all government business until SSNIT decides to suspend the sale in its entirety which he calls 'Operation Blockade'.

This comes after organised labour declared an indefinite strike action following the National Pensions Regulatory Authority's (NPRA) approval giving clearance to SSNIT, to proceed with its plan to offload part of its stake in the facilities.

According to the Secretary General of the Trades Union Congress (TUC), Dr Yaw Baah, the Union does not understand why the NPRA would allow SSNIT to proceed with the deal without further engagement after it initially ordered SSNIT to halt the procedure.

• Read also: NPRA has cleared SSNIT to sell its 4 hotels – Employment Minister

As such, TUC has directed its members to lay down their tools effective Monday, July 15.

Addressing the media on July 12, Dr Baah said “From Monday 15 of July 2024, all workers in Ghana must not go to work until SSNIT publicly announces the termination of the process for the sale of its shares in the hotels.”

In a statement on Friday, the hotel's management indicated that "Flowing from all the commentary monitored and the undue negativity that has attended this commentary, we feel you have not done enough to engage all your stakeholders, leading to perceptions that we don't want to be associated with our brand."

"We believe that such negativity is not only injurious to our brand but also jeopardises the success of the investment we intend to make in these hotels."

On the back of this, Rock City has informed SSNIT "of our decision to withdraw our bid and discontinue our pursuit of this investment opportunity."

But Mr Ablakwa is not convinced. He says the Minority has resolved to block all government business until it heeds their call.

He said the Mid-Year Budget Review will also not be spared if the caution falls on deaf ears.