Tuesday, 06 October

SSNIT explains demolition of unauthorised structures at Labadi, La Palm beachfronts

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SSNIT

The Social Security and National Insurance Trust (SSNIT) has explained the demolition and removal of unauthorised occupants from the beachfronts adjoining the Labadi Beach Hotel and La Palm Royal Beach Hotel.

In a statement issued on Friday, October 2, SSNIT said it had sought the intervention of the National Security Council Secretariat to address what it described as persistent unlawful occupation, encroachment and unauthorised activities on the beachfronts.

The Trust said the two hotels form part of its investment portfolio and are significant national hospitality and tourism assets.

SSNIT said it has a fiduciary responsibility to safeguard the investments, preserve their value and ensure that they continue to generate sustainable returns for contributors and pensioners under the Basic National Social Security Scheme.

“These assets belong to the workers and pensioners of Ghana,” the Trust said.

According to SSNIT, the encroachment posed several risks to the hotels and their operations.

These included threats to the safety and security of hotel guests, employees, service providers and visitors, as well as unauthorised access and proximity to sensitive guest and operational areas.

The Trust also cited increased exposure to fire, sanitation, environmental and public health hazards.

It said the situation had affected the condition of the beachfront, privacy and service standards expected of internationally recognised hospitality facilities.

SSNIT further said construction activities on the beachfront and beach sand posed a risk to the coastal ecosystem.

Other concerns included reputational damage to the hotels, SSNIT and Ghana’s tourism industry, disruption of hotel operations and the guest beach experience, and the potential impact on patronage, revenue and overall financial performance.

The Trust also warned that further expansion of the encroachments could make recovery of the affected lands increasingly difficult and costly.

“In view of the foregoing, SSNIT requested support from National Security to protect the assets belonging to Ghanaian workers,” the statement said.

Following the removal of the unauthorised occupants and structures, SSNIT said the beaches would be cleaned and restored to a safe and desirable state.

The Trust added that the beaches would remain open to the public.

The statement was issued by the Board of Trustees of SSNIT on October 2, 2026.

Source: classfmonline.com