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Ghana Gas’ indigenisation initiative saving taxpayers $36m annually – Majority Chief Whip

The Ghana National Gas Company (GNGC) is saving taxpayers an amount of $36million annually through indigenising the operations of its installations, according to MP for Nsawam-Adoagyiri, Frank Annoh-Dompreh.

In a tweet, the Majority Chief Whip stated that the decision taken by Management in 2017, under the leadership of CEO Dr. Benjamin K. D. Asante, to indigenize its operations, is “worth celebrating.”

Indigenisation is a process of bringing something under the control, dominance, or influence of the natives of an area.

According to him, “the indigenization saves the tax-payer a monthly bill of $3M ($36M annually) for engaging the services of expatriates. It has opened up opportunities for young engineering graduates and employment for Ghanaian workers, while deepening local participation in the oil and gas sector.”

Touting the progress GNGC has chalked since the indigenization process, he added that “gas flow has remarkably increased from 90mmscfd to 300mmscfd.”

Mr. Annoh-Dompreh further noted that from 2017 to 2021, the total local workforce of GNGC has tripled.

Again, the Majority Chief Whip stated that the Ghana National Gas Company has been dedicated to its Corporate Social Responsibility (CSR).

He said the GNGC has completed about 150 projects across the nation. This covers areas such as education, health, boreholes, roads security, social development and sports (the construction of Astro Turfs).

Myjoyonline.com

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