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Wednesday, March 5, 2025

Set KPIs for State Owned Enterprises

Ketu North Member of Parliament, Eric Edem Agbana Ketu North Member of Parliament, Eric Edem Agbana

Ketu North Member of Parliament, Eric Edem Agbana, has called on President John Dramani Mahama to establish Key Performance Indicators (KPIs) for the newly appointed heads of State-Owned Enterprises (SOEs) in Ghana.

Agbana emphasized that implementing KPIs is essential to addressing inefficiencies and enhancing accountability within these institutions.

Speaking on TV3’s New Day programme, Agbana highlighted the absence of measurable performance indicators as a significant factor contributing to inefficiencies and a lack of accountability in SOEs.

He noted that this deficiency hampers the optimization of operations and delays service delivery.

Agbana also expressed concern over the prevailing mentality that allows underperforming, politically appointed heads to remain in office solely based on party allegiance, regardless of their performance.

“That is why I think that even as we applaud President Mahama for appointing young and ambitious people to head these critical state institutions, we must also demand clear KPIs to be set for them,” he said.

Agbana pointed out that SOEs play a crucial role in governance, economic growth, and service provision, affecting sectors such as education, health, electricity, and national identification.

According to him, without well-defined KPIs, assessing their effectiveness becomes challenging, leading to inefficiencies and delays in service delivery.

He advocated for the development of comprehensive, SMART (Specific, Measurable, Achievable, Relevant, Time-bound) KPIs tailored to each state institution.

He added that regular performance assessments based on these indicators should be conducted, with findings made publicly available to ensure transparency and foster public trust.

Agbana suggested that institutions meeting or exceeding their KPIs be rewarded, while those consistently underperforming should face appropriate consequences.

He also recommended engaging citizens in the assessment process to provide real-time insights into areas needing improvement.

He reaffirmed his confidence in President Mahama’s leadership, commending his experience, character, and integrity.

He expressed optimism that the president’s leadership would drive the nation’s development and address challenges facing various sectors, including sports, youth, health, and infrastructure.

AE

Meanwhile, watch this Ghana Month special edition of People and Places as we hear the story of how the head of Kwame Nkrumah’s bronze statue was returned after 43 years, below:

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