Photo taken on July 16, 2015 shows 1,000 Cedi notes and a Huawei Mobile phone P7 worthy of 1,000 Cedi in Accra, Ghana, July 16, 2015. Sub-Sahara African currencies have in recent months come under significant pressure. (Xinhua/Lin Xiaowei)
Photo taken on July 16, 2015 shows 1,000 Cedi notes and a Huawei Mobile phone P7 worthy of 1,000 Cedi in Accra, Ghana, July 16, 2015. Sub-Sahara African currencies have in recent months come under significant pressure. (Xinhua/Lin Xiaowei)

President Nana Addo Dankwa on Tuesday assured public sector workers that their concerns on remuneration would be addressed in due course.

To that end, he disclosed, government had constituted an Inter-Ministerial Committee to undertake the review of the Single Spine Pay Policy (SSPP), and to make recommendations for implementation by Government.

Addressing organised labour at this year’s May Day celebration at the Baba Yara Sports Stadium in Kumasi, President Akufo-Addo said the SSPP which was instituted since 2010 ought to be reviewed to address emerging issue on the labour front.

Having operated with the Policy since its inception in 2010, it is time to institute this review, he said.

The President said the Committee would be expected to thoroughly review the pay policy, not only for the public sector but for the private sector as well, and draw on global best practices to make informed recommendations for implementation.

He was emphatic that Productivity should be taken into consideration in the determination of remuneration for work done by employees in both the public and the private sectors.

This year’s celebration was observed under the theme: Sustainable Development Goals and Decent Work: The Role of Social Partners.

President Akufo-Addo said his government aimed to create a world-class labour force in the vision to take Ghana beyond aid, and called on the leadership of organised labour to lead the crusade for attitudinal change to work and productivity.

“Whilst we seek to review the remuneration, I continue to count on you, Secretary General, to lead the campaign for a change in attitude to work and increase in productivity,” he said.

The President welcomed a partnership of organised labour with Government and the private sector to develop home-grown solutions to Ghana’s problems.

Such joint effort, he noted, would present the country with the most effective path to realising the vision of a Ghana Beyond Aid.

President Akufo-Addo announced further that government had set up a ten-member team headed by Senior Minister Yaw Osafo Maafo, to in the next six months; craft a Charter on Ghana Beyond Aid.
The Charter will, then, be subjected to scrutiny and debate by Parliament, and adopted as a follow up to the Co-ordinated Programme of Economic and Social Development Policies. The nation will then know in detail how we intend to move Ghana to a situation Beyond Aid, he added.

On the concession of the Electricity Company of Ghana (ECG), President Akufo-Addo assured that no worker of the utility company would be laid off as a result of the deal.
“You will recall that, in my address, I pledged that the terms of the agreement would be in Ghana’s interest.

“I am happy to report today the existence of an MOU between organized labour, the Ministry of Energy, and the Ministry of Employment and Labour Relations, which will ensure that no worker of ECG would be negatively affected or laid off as a result of the coming into effect of the ECG concession,” he said.

The President stressed that majority of shares of the ECG concessionaire,” which is 51 per cent, after the signing of this agreement, are in the hands of Ghanaians”.
Touching on the vexed issue of pensions, President Akufo-Addo indicated that Government had transferred the sum of GH¢3.1 billion of Tier 2 Pension Funds into the custodial accounts of the pension schemes of labour unions, which had been outstanding for six years.

He said Governments concern was to ensure that the Pension Funds were secured ahead of their retirement and that persons who had also been nominated to chair those schemes were well equipped, and possessed the necessary experience in the management of the affairs of the Schemes.

He assured workers that their contributions and accompanying investment returns were safe, and would be promptly disbursed as and when they retired from active service.

On a request by the TUC for Government to end all programmes with the International Monetary Fund, President Akufo-Addo told the gathering that the completion of the three-year IMF-supported Extended Credit Facility Programme would spur on Government to implement its own policies to improve the quality of lives of Ghanaians.

“The end of the programme means that we will have the space to design our own social and economic programmes, without jettisoning the fiscal discipline and proper economic management necessary to give entrepreneurs the predictability and stability to plan properly, invest boldly to grow their enterprises, and create jobs,” he emphasised.

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