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Be relevant to govt's industrial agenda - Trades Minister to new GNPCL Board

The newly constituted Board and Management of the Ghana National Procurement Company Limited (GNPCL) has been tasked to revamp the activities of the company.

The Trade and Industry Minister, Alan Kwadwo Kyerematen said they should properly position it as a force to reckon with within the framework of the government's industrial transformation agenda.

He said even though the company has had a checkered history, the advent of programmes like the One District One Factory initiative, is an opportunity to act as a commercial intermediary by procuring and selling locally produced raw materials for the numerous sprawling companies under the flagship programme.

This is especially so when most of the companies under the programme are agro-based and will need a guaranteed source of raw materials -something he thinks the GNPCL should take advantage of.

The Minister made these remarks on Monday, May 13, when he inaugurated the seven-member Board of the Company under the Chairmanship of a former Upper East Regional Minister, Alhassan Samari. Mr. Samari is also a Tax Policy Planning and Administration Consultant.

Other members of the Board include the Chief Executive, Dr Edward N.Y. Ofori-Kuragu who is a tourism and hospitality expert with over 20 years' experience; Charles Kweku Hammond, an Advertising and Marketing consultant and Kwaku Nsiah Mensuoh, an I.T Consultant. The rest are Kofi Okyere-Agyekum (M.P); Dr. Joseph Kofi Nkuah, Tax Administrator and Mr. Mohammed Abdul Hamid.

The Trade Minister also tasked the Board to strive to become an export hub by being the leading export company for Made-in-Ghana goods since the Ghana Export Promotion Authority is not a commercial entity. He noted that in doing so, they should not lose sight of the vast domestic market that has developed a great taste for locally manufactured products. The Board Chairman, Alhasan Samari thanked the President and the Minister for the confidence reposed in them and promised, on behalf of his members, to do their best to overturn the fortunes of the company for the better.

The GNPCL was established in 1976 by SMCD 55 as a statutory body to help stabilise the prices of essential commodities. It was later incorporated in 1995 as a limited liability company under the Companies Code to import essential commodities for distribution and sale to consumers at affordable prices