The Minority in Parliament has raised concerns over a two-week training programme organised by the management of the National Pensions Regulatory Authority (NPRA) in the United States, which reportedly involved 11 board members, six directors, and other senior officials at a cost exceeding GH¢8 million.

The caucus claims that nearly GH¢4 million of the total expenditure went into accommodation and daily allowances.

Speaking to the media on Thursday, April 16, the Member of Parliament for Old Tafo, Vincent Ekow Assafuah, urged authorities to thoroughly examine the spending to protect the interests of pension contributors.

He disclosed that the training was held at Bentley University in Boston, noting that early estimates indicate about GH¢2.38 million was spent on business class flights for the 11 participants alone.

He further stated that when accommodation and per diem—estimated at around GH¢4 million—are added, the overall cost surpasses GH¢8 million. This figure, he stressed, does not include tuition fees, logistics, and other related expenses, which have not yet been made public.

Mr Assafuah emphasised that such significant spending, drawn from a pension scheme financed by Ghanaian workers, must be subjected to strict transparency measures and assessed to ensure value for money.

“It has been confirmed that NPRA undertook a two-week foreign training programme at Bentley University in Boston, involving 11 board members, six directors and senior management staff. Preliminary estimates place the cost at approximately GH¢2.38 million for business class air travel alone for the 11 people,” he said.

He added: “While accommodation and per diem allowances hang around GH¢4 million, translating to well over GH¢8 million, excluding tuition, logistics and incidental expenses, which remain undisclosed. These are substantial expenditures within a pension system funded by Ghanaian workers and must be subjected to full transparency and value for money scrutiny.”