Asantehene advocates adequate resourcing of State Interest and Governance Authority(SIGA)

The , Otumfuo Osei Tutu II, has called on the government to provide sufficient resources to the State Interest and Governance Authority (SIGA) to ensure its effective delivery of responsibilities.

During a courtesy visit by SIGA management to the Asantehene at the Manhyia Palace in , led by Mr Edward Boateng, Director-General of SIGA, the purpose was to officially introduce the state agency to the Asantehene and update him on its activities thus far. A statement from SIGA's Corporate Affairs Division confirmed this.

The visit also served as an opportunity for discussions on areas of collaboration between SIGA and the Palace for mutual benefit. This aligns with SIGA's plan to engage key stakeholders and gather support for its activities and entities.

The Asantehene emphasized the crucial role of SIGA in the country's development, highlighting that state-owned enterprises (SOEs) contribute significantly to Ghana's progress.

To ensure SIGA's effectiveness, he stressed the need for full empowerment through adequate resourcing and empowerment by the government.

This would enable SIGA to raise funding for SOEs, review their annual budgets and operational plans, and ultimately work towards making these SOEs profitable and self-sufficient.

Mr Boateng, during the meeting, provided updates on SIGA's key achievements, including negotiating performance contracts with Specified Entities to ensure profitability and adherence to good governance practices.

He also mentioned collaborations with other government organizations such as the Controller and Accountant General, Public Services Commission, and Auditor-General to support the Specified Entities.

Expressing gratitude for the Asantehene's warm reception and his commitment to support SIGA's work, Mr Boateng promised to periodically provide progress reports.

The delegation present during the visit included board members, managers, and advisors from SIGA, who interacted with the Asantehene and expressed their appreciation for his support.

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