Nana Tasks SOEs To Excel

President Akufo-Addo

President Akufo-Addo has charged management and staff of State Owned Enterprises (SOEs) to scale up their performance to contribute to national development.

He said there is still more the SOEs can do to fulfil their financial obligations to the nation, and has thus asked them to devise strategies to enable them meet their targets.

The President was addressing managers of SOE’S at the 2021 Performance Contract Signing ceremony in Accra yesterday.

In all, heads of 71 specified  entities who have successfully negotiated their contracts for 2021 signed the agreement, as a measure to ensuring good corporate governance, efficient and profitable running of their entities.

The President urged the managers to adopt best corporate governance practices to make them achieve their objectives for the year.

He placed emphasis on the need for the SOE’s to achieve the targets under the Performance Agreement to feed into the agenda to make Ghana a country beyond aid.

He took the opportunity to congratulate the boards and managers of the SOE’s for sustaining their respective enterprises in the midst of the COVID-19 pandemic.

Like many other countries across the world, he said Ghana’s economy was hit by the pandemic which affected every aspect of society.

That notwithstanding, President Akufo-Addo said through hard work and determination, the country had gotten back on track to recovery and has been projected to be one of the fastest growing economies this year.

He, therefore, charged the SOE’s, the State Interests and Governance Authority (SIGA), and the Ministries to work as a team for sustained progress and development.

“All of us involved in the operations of SIGA, should put our ideals and ideas, experience and expertise together and work as a team,” he said, since according to him, “the Ghanaian people expect no less from us, and demand that we put this country on the path of sustained progress and prosperity.”

The President also stressed the need to respect the COVID-19 protocols at workplaces in the face of the recent rise in infections.

He insisted that “it is imperative that all of us pay strict attention in adherence to the COVID-19 protocols in our workplaces and elsewhere if we are to defeat the virus and sustain the integrity of our economy.”

By Charles Takyi-Boadu