Member of Parliament for South Dayi, Rockson-Nelson Dafeamekpor, has criticized the management of the Volta River Authority (VRA) for purportedly providing its staff, including the director, with excessively high remunerations.

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Mr Dafeamekpor pointed out that despite VRA recording a loss of over GH¢138 million in 2022, documentation indicates a substantial increase in staff salaries, exceeding GH¢90 million, with the director alone seeing a rise of over GH¢400,000.

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In posts shared on X on Wednesday, November 15, 2023, the MP raised questions about the rationale behind such actions by the authority.

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“In 2022, VRA grew by 3% with a mkt share of 54.27%. Operating Y declined by 7% & Profit eroded from Ghc355.4m in 2021 to a loss of Ghc138.4m (Ghc493.8m) in 2022. Staff wages increased from Ghc316.63m in 2021 to Ghc397.65m in 2022. Director's fees went up from Ghc299k to Ghc725k.

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“Why must Directors of a Company that moved it from a profit margin of Ghc355.4m in 2021 to a net loss of Ghc138.4m a yr later, be permitted to increase Board fees from Ghc299k to Ghc723k? Why?” he wrote.

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The MP's social media post included what was claimed to be a parliamentary report from the Committee on Employment, Social Welfare, and State Enterprises. This report purportedly illustrated a decrease in profit and a simultaneous rise in salaries for VRA staff.

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According to the document, the VRA provided an explanation, stating that the salary increments were a result of the annual salary reviews and adjustments conducted by the authority.

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