{"id":421724,"date":"2017-09-24T15:36:33","date_gmt":"2017-09-24T15:36:33","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/09\/24\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\/"},"modified":"2017-09-24T15:36:33","modified_gmt":"2017-09-24T15:36:33","slug":"gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/09\/24\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\/","title":{"rendered":"GNPC wasting too much oil money, it needs monitoring &#8211; Kyei Mensah"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><a href=\"http:\/\/www.adomonline.com\/ghana-news\/wp-content\/uploads\/2017\/07\/Osei-Kyei-Mensah-Bonsu.jpg\" data-caption=\"?????????????????????????????????????????????????????????\"><img loading=\"lazy\" decoding=\"async\" width=\"270\" height=\"298\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/09\/xOsei-Kyei-Mensah-Bonsu.jpg.pagespeed.ic.xdI7tI432L.jpg\" alt=\"\" title=\"Osei-Kyei-Mensah-Bonsu\" data-pagespeed-url-hash=\"3507675860\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\"\/><\/a><figcaption class=\"wp-caption-text\">?????????????????????????????????????????????????????????<\/figcaption><\/figure>\n<\/div>\n<p>Majority leader, Osei Kyei Mensah-Bonsu has registered his displeasure with expenditures made by the Ghana National Petroleum Corporation (GNPC).<\/p>\n<p>The Parliamentary Affairs Minister said the Coporation is wasting millions of cedis through activities it has not been legally mandated to undertake.<\/p>\n<p>At a forum to discuss the work of Parliament Saturday, Mr Mensah-Bonsu called for \u201ccritical eyes\u201d to be focused on GNPC in the discharge of its functions.<\/p>\n<p>\u201cWhen you consider the fact that about a third of our oil revenue goes [there] and somehow a lot of them gets misapplied, we should be worried as a country,\u201d he said.<\/p>\n<p>GNPC was set up in 1983 to ensure the provision of adequate supply of peteroleum products in the country but it has, for the past years, found itself funding programmes that are not related to its functions.<\/p>\n<p>In 2013, the entity became the headline sponsor of the national team, Black Stars, supporting it with $3 million yearly.<\/p>\n<p>Part of the amount is currently used to pay the salaries of the players, some officials of the Ghana Football Association (GFA) have said.<\/p>\n<p>The Mines and Energy Committee of Parliament in April implored the Corporation to truncate its sponsorship agreement with the team but this has not been done.<\/p>\n<p>With Ghana\u2019s new status as an oil-producing country, about a third of the revenue generated from the production is channeled into activities of the GNPC.<\/p>\n<p>Mr Mensah-Bonsu believes GNPC has not been judicious with the resources allocated to it and has urged a reduction in funds given the entity.<\/p>\n<p>\u201cIf GNPC\u2026has money to ferry supporters of Black Stars\u2026at huge cost [then it has] [d] by its actions and inactions that perhaps, we have given them much more than they deserve,\u201d he said.<\/p>\n<p>The Majority is calling for a collaboration between Parliament and government to find a way to direct the attention of GNPC onto its core functions.<\/p>\n<p>Although he said the Corporation may have its own reason to deserve the resources given it, he believes a determination should be made to decide when it is appropriate to \u201cpull the [fund] plugs.\u201d<\/p>\n<p>\u201cPerhaps not all of a sudden but to stagger in whatever we do to ensure that they sit up,\u201d Mr Mensah-Bonsu added.<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>????????????????????????????????????????????????????????? Majority leader, Osei Kyei Mensah-Bonsu has registered his displeasure with expenditures made by the Ghana National Petroleum Corporation (GNPC). The Parliamentary Affairs Minister said the Coporation is wasting millions of cedis through activities it has not been legally mandated to undertake. At a forum to discuss the work of Parliament Saturday, Mr Mensah-Bonsu called [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-421724","post","type-post","status-publish","format-standard","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GNPC wasting too much oil money, it needs monitoring - Kyei Mensah - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/09\/24\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"GNPC wasting too much oil money, it needs monitoring - Kyei Mensah - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"????????????????????????????????????????????????????????? Majority leader, Osei Kyei Mensah-Bonsu has registered his displeasure with expenditures made by the Ghana National Petroleum Corporation (GNPC). The Parliamentary Affairs Minister said the Coporation is wasting millions of cedis through activities it has not been legally mandated to undertake. At a forum to discuss the work of Parliament Saturday, Mr Mensah-Bonsu called [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/09\/xOsei-Kyei-Mensah-Bonsu.jpg.pagespeed.ic.xdI7tI432L.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"GNPC wasting too much oil money, it needs monitoring &#8211; Kyei Mensah\",\"datePublished\":\"2017-09-24T15:36:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/\"},\"wordCount\":382,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ghanamma.com\\\/wp-content\\\/uploads\\\/2017\\\/09\\\/xOsei-Kyei-Mensah-Bonsu.jpg.pagespeed.ic.xdI7tI432L.jpg\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/\",\"name\":\"GNPC wasting too much oil money, it needs monitoring - Kyei Mensah - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ghanamma.com\\\/wp-content\\\/uploads\\\/2017\\\/09\\\/xOsei-Kyei-Mensah-Bonsu.jpg.pagespeed.ic.xdI7tI432L.jpg\",\"datePublished\":\"2017-09-24T15:36:33+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/24\\\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ghanamma.com\\\/wp-content\\\/uploads\\\/2017\\\/09\\\/xOsei-Kyei-Mensah-Bonsu.jpg.pagespeed.ic.xdI7tI432L.jpg\",\"contentUrl\":\"https:\\\/\\\/ghanamma.com\\\/wp-content\\\/uploads\\\/2017\\\/09\\\/xOsei-Kyei-Mensah-Bonsu.jpg.pagespeed.ic.xdI7tI432L.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GNPC wasting too much oil money, it needs monitoring - Kyei Mensah - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/09\/24\/gnpc-wasting-too-much-oil-money-it-needs-monitoring-kyei-mensah\/","twitter_card":"summary_large_image","twitter_title":"GNPC wasting too much oil money, it needs monitoring - Kyei Mensah - Ghanamma.com","twitter_description":"????????????????????????????????????????????????????????? Majority leader, Osei Kyei Mensah-Bonsu has registered his displeasure with expenditures made by the Ghana National Petroleum Corporation (GNPC). The Parliamentary Affairs Minister said the Coporation is wasting millions of cedis through activities it has not been legally mandated to undertake. 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