The top most paid government officials are shown below.
Ghana is heading towards a financial reckoning because of exorbitant privileges. There are too many public employees doing little work and getting crazy salaries and benefits at the expense of the taxpayer.
The anti-corruption fighter does not believe top public officials must be paid such high salaries when in fact their output and productivity at work is appalling.
This is not a knock against public service individuals but this is a knock against the system that employs them.
How can someone sit in the office just to sign documents and receive over millions with allowance whiles teachers,nurses,other government agencies are suffering,Ghana needs change.
Below is the full list of top most paid government officials salaries :
1. Governor of the Bank of Ghana – GHC 124,100.
This amount is the highest salary that any government appointee takes home on a monthly basis. Dr. Ernest Addison is the man who supervises the entire banking sector in Ghana today.
He was behind the merger of five struggling local banks in Ghana today. Dr. Ernest Addison has been praised for bringing some sanity in the banking sector.
The Board of Directors
The governing body of the Bank is the Board of Directors as stipulated in the Bank of Ghana Act, 2002 (Act 612). The Board consists of the Governor, who is also the Chairman, two Deputy Governors and ten Non-Executive Directors.
The Board is appointed by the President of the Republic of Ghana, in consultation with the Council of State. The Governor and the two Deputy Governors are appointed for a term of four years and are eligible for re-appointment. The non-executive directors hold office for a period of three years and are also eligible for re-appointment.
The Board is responsible for formulating policies necessary for the achievement of the Bank’s objectives which are:
To maintain stability in the general level of prices;
To ensure effective and efficient operations of the banking and credit systems and support general economic growth.
The Government has communicated the reconstitution of the membership of Bank of Ghana Board of Directors as follows:
1. Dr. Ernest Addison
2. Dr. Maxwell Opoku-Afari
3. Mrs. Elsie Addo Awadzi
4. Mr. Charles Adu-Boahen
5. Dr. Sr. Eugenia Amporfu
6. Mr. Keli Gadzekpo
7. Dr. Kwame Owusu-Nyantekyi
8. Dr. Samuel Nii Noi Ashong
9. Mr. Jude Kofi Bucknor
10. Mr. Joseph B. Alhassan
11. Mr. Andrew Boye-Doe
12. Dr. Maria Hagan
13. Mrs. Comfort Ocran
2. Boss of the Ghana Revenue Authority (GRA) – GHC 102,102.
The commissioner general of the GRA, Kofi Nti, is the second highest paid government official in Ghana today. His duty is with revenue generation. He makes sure taxes are paid across the country. The GRA in 2017 alone was able to collect 32 billion Ghana Cedis as against a target of about 33 billion Ghana Cedis, representing 97 percent.
As part of efforts to improve compliance, the Authority is required to assist taxpayers to understand and meet their tax obligations by providing robust and comprehensive advice.
Since its inception the GRA has integrated the three revenue institutions namely the Customs, Excise and Preventive Service (CEPS), the Internal Revenue Service (IRS), the Value Added Tax Service (VATS) and the Revenue Agencies Governing Board (RAGB).
3. SSNIT Boss – GHC 88, 606.
Dr. John Ofori- Tenkorang is the director general for the Social Security and National Insurance Trust (SSNIT). His duty is to oversee the insurance of Ghanaian workers ahead of retirement.The Social Security and National Insurance Trust, is an agency of the government of Ghana. Its job description, according to its website, is to administrate the National Pension Scheme. In so doing, the trust owns major amounts of Stock in Ghana’s principal companies, and is an important part of Ghana’s economy.
4. COCOBOD Boss – GHC 75, 102.
Joseph Boahen Aidoo is the chief executive officer of COCOBOD. His task is to ensure that Ghana remains the leading exporter of cocoa in the world. As it stands now, Ivory Coast is the leading country with Ghana being the second. With a target of 1 million metric tonnes of cocoa a year, Joseph Boahen Aidoo is in no doubt encumbered with many responsibilities.
5.Agriculture Development Bank (ADB) Boss – GHC 69, 707
The bank engages in other types of banking in addition to making agricultural loans. The range of services offered include: (a) Development Banking (b) Corporate Banking (c) Personal Banking (d) International Banking (e) Diaspora Banking Services (f) Treasury Management Services and (g) Money Transfer Services, in partnership with Western Union.
6. National Investment Bank Boss – GHC 66, 666.
NIB is a medium-sized financial services provider in Ghana. As of December 2011, the total valuation of the bank’s assets was approximately US$468.5 million (GHS:878.9 million), with shareholders’ equity of approximately US$47 million (GHS:88.1 million).
7. Bulk Oil Storage and Distribution (BOST) boss – GHC 74, 203.19.
BOST is your reliable fuel storage and transport company working to ensure that the nation Ghana and our landlocked neighbors especially get fuel resources in the right quantities and at the right prices for their various activities.
8. Ghana Commercial Bank (GCB) Boss – GHC 59, 203.19.
GCB Bank Limited formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits. In August 2017, the Bank Of Ghana, the nation’s central bank, announced that it had approved a Purchase and Assumption transaction with GCB Bank Limited for the transfer of all deposits and selected assets of UT Bank and Capital Bank (Ghana) to GCB Bank Ltd.
9. Tema Oil Refinery (TOR) Boss – 58, 203.91.
Tema Oil Refinery (TOR) Limited is Ghana’s only refinery established in 1963 to enhance the country’s economic, investment and development programs. Crude oil is used as the refinery’s main raw material for production, which is usually imported from neibouring Nigeria and transferred through pipelines to the refinery storage tanks for processing into several finished products for cunsumption.
The refinery is situated in Tema about 24 kilometers east of the capital, Accra.
10. Economic and Organised Crime Office (EOCO) boss – GHC 66, 909.76.
The necessity for the establishment of the Economic and Organised Crime Office is based on the fact that with the increasing sophistication of society, complex frauds and economic crimes cannot be adequately detected, investigated and prosecuted by the traditional mechanism of the existing law.
The responsibility of fraud and corruption control could no longer be put on the police and other quasi anti-crime organizations alone. A specialized body, charged with the sole onus of economic crime prevention, detection, investigation and prosecutions was the answer to the challenge.
The Economic and Organised Crime Office as a specialized agency to monitor and investigate economic and organized crime and on the authority of the Attorney-General prosecute these offences to recover the proceeds of crime and provide for related matters.
1. The objects of the Office are to
2. Prevent and detect organized crime, and
3. Generally to facilitate the confiscation of the proceeds of crime.
The functions of the Office are to;
aInvestigate and on the authority of the Attorney-General prosecute serious offences that involve financial or economic loss to the Republic or any State entity or institution in which the State has financial interest;
1. Money laundering
2. Human trafficking
3. Prohibited cyber activity
4. Tax fraud, and
5. Other serious offences
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