Parliament orders GNPC to stop Black Stars sponsorship

Parliament orders GNPC to stop Black Stars sponsorship

- GNPC asked to stop spending on Black Stars

- Parliament has for some time now found GNPC's non-core expenditure troubling

The Ghana National Petroleum Corporation (GNPC) has been instructed to halt sponsorship of the senior national team, Black Stars.

The finance committee of parliament in a recommendation to the Public Interest and Accountability Committee (PIAC) told the GNPC to stop spending resources on entities like the Ghana Black Stars.

Parliament orders GNPC to stop Black Stars sponsorship

Ghana Black Stars players

The Committee holds the view that GNPC should stick its core mandate. It, therefore, recommends that GNPC should stay away from all activities that do not come under its core function,” Dr Assibey said on the floor of Parliament.

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The GNPC’s engagement with the Black Stars is in its fourth year. They pay $3 million annually to the national team as part of the sponsorship package but following the latest development, all of this will end.

The GNPC is expected to now pay attention to its core duties only.

The Parliamentary Select Committee on Mines and Energy in April this year told GNPC to cancel the Black Stars annual sponsorship since it was not worth it.

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The Black Stars have failed to account properly for monies given them by the GNPC and many Ghanaians have questioned why a state agency will continue to spend money on such venture.

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Source: Yen.com.gh

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