GNPC, GFA Deal Bogus – Majority Leader

Majority Leader in Parliament, Hon. Osei Kyei Mensah Bonsu has questioned the partnership agreement between state petroleum firm, Ghana National Petroleum Company (GNPC) and the Ghana Football Association (GFA) that has led to huge sums of monies paid in the running of the Black Stars.

GNPC landed a sponsorship deal with the GFA after taking over from mining firm Goldfields Ghana Limited in 2013 in a deal worth $3 million annually with a yearly renewal for a period of 3-5 years. The partnership agreement thus conferred on the state run oil exploration firm as the headline sponsor for the Black Stars.

Addressing a press briefing in Accra on Tuesday,  March 7, 2017 the Member for Parliament (MP) for Suame, Hon Osei Kyei Mensah Bonsu quizzed the rational behind the huge investments the company has made in sponsoring the Black Stars.

According to him, there was no justification in the use of state funds to sponsor the Black Stars without considering the dire national impact on the economy.

“On our oil money, many people will agree GNPC’s allocation is not sustainable. We are therefore going to divert some of their allocations to other very productive ventures in the country.

“GNPC cannot just be using government funds to sponsor supporters of the Black Stars, fat salaries for coaches and all. I think this is not the way to go”, he told pressmen.

Hon. Osei-Mensah Bonsu was however optimistic that the appointment of former Tema Oil Refinery (TOR)  boss,  Dr. K. K. Sarpong to the  GNPC  will bring relief to the state.

Join to receive daily email alerts of breaking news in Ghana. is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.