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No asset of SSNIT will be sold, Director General assures

May 20, 2025
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The Social Security and National Insurance Trust (SSNIT) has assured Ghanaians that it will not sell its current assets and facilities.

According to SSNIT, it will rather roll out initiatives that will help revamp and optimise its resources to generate better returns.

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Director General of SSNIT, Kwesi Afreh Biney, who disclosed that, explained that the move will help them to retain and revitalise their assets as part of a broader effort to improve the Trust’s financial performance.

He made the remarks while addressing the media at the opening of its new branch, located on the Spintex Road in Accra.

“And that’s why I earlier flagged the point that it is crucial that we help change those non-performing assets into performing assets,” the Director General indicated.

According to him, SSNIT intends to conduct a thorough review of its investment portfolio, identifying areas that yield the best returns.

“We’ve looked at reviewing our investment portfolio; we’ve looked at which areas are giving us the best returns, and we are beginning to channel our resources into areas that give us the best returns,” Mr Biney explained.

He added, “Watch out for what we would do with our facilities that were to be sold. I can assure you we will not sell those facilities. We’ll turn around those facilities, and we’ll have an event to speak to what we plan to do with those facilities.”

Meanwhile, he has also revealed plans by SSNIT to launch a virtual office in the third quarter of 2025.

This forms part of efforts to increase accessibility and enrolment in the scheme.

The new office, which is located at Takyi Plaza on the Spintex Road, is the Trust’s 52nd branch in the country. It is expected to serve the rapidly growing communities on the Spintex Road.

By: Rainbowradioonline.com/Ghana

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