By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    “In America, I feel Ghanaian; in Ghana, I feel American” – Dr. Naa-Du Laryea opens up on dual identity
    March 2, 2026
    Baba Sadiq to replace Baba Jamal as Ghana’s High Commissioner to Nigeria
    March 2, 2026
    Dr. Naa-Du Laryea calls on black communities to rethink capitalism, announces European book tour
    March 2, 2026
    Dr. Maxwell Boakye to kick-start $300,000, 50-bed Children’s ward at Samartex Hospital
    February 28, 2026
    Dr Maxwell Boakye honours late mother with $300,000 50-bed Children’s Ward for Samartex Hospital
    February 28, 2026
  • Business
    BusinessShow More
    TOR’s revival signals boost for domestic fuel production – Mahama
    February 27, 2026
    Ishmael Kofi Adjei named best CEO in Travel Facilitation and Tour Packaging
    February 27, 2026
    Star Assurance Group pays medical bills of 21 children with cancer at Korle Bu
    February 26, 2026
    Parliament approves Ghana’s first accelerated national reserve accumulation policy
    February 26, 2026
    Fuel dispensed from Plaintiff’s car was mixed with water – Witness for Atimpoku Shell fuel station admits in Court
    February 26, 2026
  • Politics
    PoliticsShow More
    Baba Sadiq to replace Baba Jamal as Ghana’s High Commissioner to Nigeria
    March 2, 2026
    President Mahama to open African Court’s 2026 judicial year in Arusha
    February 28, 2026
    Ato Boateng’s Appointment: Assafuah “Chasing Wind” for cheap popularity in baseless ‘Conflict of Interest’ claims
    February 28, 2026
    Public institutions to be equipped with solar systems to reduce power costs – Mahama
    February 27, 2026
    “We’ve borrowed less and spent more responsibly” – Mahama during 2026 SONA
    February 27, 2026
  • Entertainment
    EntertainmentShow More
    Record Label contracts are “death traps, they take away your freedom” – Queen eShun
    February 28, 2026
    It’s better to manage your own affairs as an artiste than be under a record label – Queen eShun
    February 28, 2026
    I prefer running my own affairs – Queen eShun reveals she’s without management
    February 28, 2026
    I’m coming back into the music scene – Queen eShun confirms return
    February 28, 2026
    I gained more than money from music – Queen eShun
    February 28, 2026
  • Sports
    SportsShow More
    GHOne TV launches 2026 Alumni Power Games in partnership with El Wak Social Club
    February 28, 2026
    Cynthia Kwabi retains 2026 GTTA Sheroes Championship
    February 24, 2026
    Kofi Adams donates two months’ salary to Ghana Sports Fund, rallies national support
    February 19, 2026
    Black Stars to face 2026 World Cup hosts in friendly in May
    February 19, 2026
    Accra Hearts of Oak stun Asante Kotoko 1-0 in Kumasi Super Clash
    February 16, 2026
  • Technology
    TechnologyShow More
    Galaxy AI expands multi-agent ecosystem to give users more choice and flexibility
    February 25, 2026
    Samsung set to unveil new Galaxy S Series AI phones
    February 23, 2026
    African AI Governance Index launches first continental intelligence platform
    February 18, 2026
    Sharing, downloading, or monetising content of viral Russian man a crime – Sam George warns
    February 18, 2026
    Rethink Africa Intelligence Conference 2026 launched
    February 17, 2026
  • International
    InternationalShow More
    Baba Sadiq to replace Baba Jamal as Ghana’s High Commissioner to Nigeria
    March 2, 2026
    President Mahama to open African Court’s 2026 judicial year in Arusha
    February 28, 2026
    Ghana activates evacuation plans for citizens in Middle East as bombs rain amid heightened tensions
    February 28, 2026
    55 Ghanaians killed in Russia-Ukraine war, two held prisoner – Ablakwa reveals
    February 27, 2026
    Ablakwa granted ‘rare’ access to Ghanaian POWs in Ukraine, confirms they’re alive
    February 26, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: SSNIT under pressure over $66m contract
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

SSNIT under pressure over $66m contract

Starrfm.com.gh By Starrfm.com.gh Published August 23, 2017
Share
SHARE

The Social Security and National Insurance Trust (SSNIT) is under fire following its decisions to procure a software system at a tune of $66million.

The Operational Business Suit (OBS) system procured two years ago, was to enhance service delivery to customers in all the trust’s 50 branches across the country.

However, concerns had been raised about the cost of the project considering the meager pensions paid the trust’s contributors.

Commenting on the development Wednesday on Morning Starr, a Technology Expert Maximus Ametorgor said the amount involved is “ridiculous.”

“…What exactly does the software do? If we invest 10 percent of that money in a local software developer [he/she] could have developed a similar or better system,” he argued.

According to him, for an institution like the SSNIT, the OBS system should not have exceeded $200.000.00 but “if you are mentioning a million even to $66million it is ridiculous.”

Also, the co-founder of Mpedigree who is also the vice president of IMANI Selorm Brantie weighed in on the amount saying it should not have caused more than $15million.

He said the pension scheme could have engaged the services of a local company to cut down cost.

“There are enough companies in this country with expertise to deploy all of these things without having to bring in all these anonymous foreign entities that come and run our systems for us. There is enough expertise locally.

“When there is a track record of Ghanaian companies that have gone on and deployed large systems handling millions of specific data in different countries…I don’t see why we always have to go and bring some kind of foreign system to come and deploy locally when there are people locally who can do this for a quarter the price some of these other people offer,” he told Morning Starr host Francis Abban.

The trust, however, defended the cost of the project. According to its Acting Corporate Affairs Manager Victoria Abaidoo, the system was acquired after thoroughly exhausting the entire procurement process.

“…The usual thing SSNIT will do is to go through the procurement process. So, they went through the procurement process to get the vendors to also make the entire system for the trust,” she explained on Morning Starr Wednesday.

You Might Also Like

TOR’s revival signals boost for domestic fuel production – Mahama

Ishmael Kofi Adjei named best CEO in Travel Facilitation and Tour Packaging

What Role Do Carbon Credits Play in Promoting ESG in Ghana?

Star Assurance Group pays medical bills of 21 children with cancer at Korle Bu

Parliament approves Ghana’s first accelerated national reserve accumulation policy

TAGGED:OBS systemSSNIT
Share This Article
Facebook Twitter Email Print
Share
Previous Article Airtel Ghana offers special Hajj bundle for pilgrims
Next Article Afriyie Acquah: All you need to know about the Birmingham City transfer target

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?