At the State Interests and Governance Authority’s (SIGA) fifth-anniversary celebration in Kwahu on September 12, President Nana Addo Dankwa Akufo-Addo underscored the government’s commitment to transforming the public sector. His address focused on the need for increased resilience, efficiency, and responsiveness to better serve Ghanaians.
President Akufo-Addo highlighted the government’s objectives to enhance the performance and service delivery of the public sector.
He emphasized that these efforts aim to make the sector more robust and better equipped to meet future challenges.
Established in 2019 under Act 990, SIGA is a centralized oversight body responsible for the performance management of State-Owned Enterprises (SOEs) and other prescribed entities.
The Authority ensures these entities operate efficiently, effectively, and profitably, contributing to the nation’s socio-economic development.
President Akufo-Addo outlined several reforms critical to the public sector’s transformation in his keynote address.
These include the Public Financial Management Act, the Legal Policy, SIGA, and the Right to Information Bill.
He also highlighted the Office of the Special Prosecutor’s importance in promoting accountability and ensuring the integrity of resource management.
“As my tenure ends, I urge stakeholders to build upon the foundations we have laid,” said President Akufo-Addo. He called for continued investment in technology, national digitalization, corporate governance, and institutional capacity building.
John Boadu, SIGA’s Director General, shared some of the Authority’s achievements over the past five years. Notably, the number of entities covered under Annual Performance Contracts grew from 50 in 2020 to 79 in 2024. SIGA also published the State Ownership Reports for 2021, 2022, and 2023, marking a significant milestone.
Boadu also highlighted the collaboration with the Comptroller and Accountant General Department, which increased the number of specified entities captured in the Consolidated National Accounts from 19 in 2020 to 62 in 2022.
Additionally, the contribution of Specified Entities to Ghana’s Gross Domestic Product surged from GHC10 billion in 2020 to GHC58.27 billion in 2022, with total assets rising from GHC51.8 billion to GHC419.2 billion.
Louisa Shei, the leader of the Namibian delegation at the event, echoed the sentiment of Pan-African unity, stating, “I believe that with the true spirit of Pan-Africanism, we can work together to transform our economy.”
The anniversary celebration will continue on the second day with awards of excellence, recognizing outstanding contributions to SIGA’s goals and the advancement of the public sector’ssector.
