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.

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.

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

“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.

“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.

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.

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.