In a statement dated April 10, 2026, <\/strong>the regulator said no salary cuts have been implemented since the Director-General assumed office. It explained that what has been described publicly as a reduction is, in fact, a negotiated adjustment that resulted in a net increase for staff. <\/p>\n\n\n\n According to the NLA, a 5 per cent rise in basic salaries and an 8 per cent utility allowance, previously approved but pending, have now been implemented following discussions with the local union and the Governing Board.<\/p>\n\n\n\n On claims of a personal salary increase, the Authority said the figures being circulated, ranging from GHS 38,000 (\u20ac2,948) to GHS 70,000 (\u20ac5,430)<\/strong>, are inaccurate. It added that the Director-General does not have the authority to adjust his own pay, noting that such decisions follow formal processes involving the Governing Board and relevant public sector institutions.<\/p>\n\n\n\n The NLA also addressed reports about a broader pay review. It stated that any proposed adjustments to executive management conditions are part of a standard process initiated after it was discovered that pay had not been reviewed since 2015. A committee was set up to develop proposals, which were subsequently submitted to the Governing Board. The Board then directed that a comparative survey of public financial institutions be conducted.<\/p>\n\n\n\n Due to limited access to sector data, the Authority sought guidance from the Public Services Commission<\/strong> and later engaged the Fair Wages and Salaries Commission<\/strong>. It confirmed that the required documentation has been submitted and that it is awaiting feedback. The regulator confirmed that, so far, no salary increase has been approved or implemented.<\/p>\n\n\n\n Regarding rent allowances, the NLA explained that the benefit has long existed under its terms of service and dismissed claims of annual payouts of $108,000 (\u20ac99,000) or $228,000 (\u20ac209,000)<\/strong>.<\/p>\n\n\n\n The Authority indicated it may pursue legal action against media outlets that published what it described as false information.<\/p>\n\n\n![\"\"](\"https:\/\/focusgn.com\/africa\/wp-content\/uploads\/sites\/7\/2025\/10\/Ghana_flag_Credit_ESB_Professional__Shutterstock_-300x200.jpg\")
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