Ghanaians react to Labadi Beach Hotel’s GH¢16.5 million dividend payment to SSNIT

News of Labadi Beach Hotel's recent payment of GH¢16.5 million in dividends to SSNIT has sparked surprise and conversation among Ghanaians on X.

The payment represents SSNIT’s share of the hotel’s annual profit, raising questions given SSNIT’s earlier attempt to sell a 60% stake in four hotels, including Labadi Beach Hotel, to Rock City.

SSNIT had previously explained that the decision to sell was due to the hotels’ unprofitability, which makes this profit announcement particularly unexpected.

As a result, "Labadi Beach Hotel" has become a trending topic on X for Tuesday, November 5, 2024, alongside "Dumsor."

Another trending topic is Dumsor.

Here is a breakdown of why these topics are trending:

Labadi Beach Hotel

Netizens are praising the activism of Samuel Okudzeto Ablakwa for raising awareness about SSNIT's attempts to sell the four hotels.

According to him, the awareness generated helped prevent the sale of these hotels to Rock City.

Dumsor

Netizens are complaining bitterly about the recent power outages being experienced in the country, barely a month before the general elections.

They are calling on the government to address the issues or face their wrath.

Here are some tweets under the trending topic below:

They said labadi beach hotel wasn’t profitable pic.twitter.com/vHqxJbEtUR

— Torgbuigà (@Mr_Ceyram) November 5, 2024

Our Labadi Beach Hotel remains profitable, and the great news is all Ghanaians get to benefit from its profitability instead of a few State Capture politicians.

We did it for God and Country.

Ghana First 🇬🇭 🙏🏾 pic.twitter.com/EwArs5DX4E

— Sam Okudzeto Ablakwa (@S_OkudzetoAblak) November 4, 2024

Labadi Beach Hotel no do you nothing

You get up noooor,, you wan sell am

Are you not a fool ??

And still have the audacity to ask me to vote for you.

A kwasia.

— Efø Vìøléñþ Ķīßßêŕ #StopGalamseyNow (@premooooooo) November 4, 2024

Nana Addo and his corrupt government said Labadi beach hotel was running at a loss. They wanted to sell it to themselves

Thanks to Hon. @S_OkudzetoAblak for saving us https://t.co/GgpXFgBN7Y

— Putiníć 𓃵 (@BrotherMahn) November 4, 2024

Man if Ablakwa hadn’t snitched these guys would have falsified the accounts of Labadi Beach Hotel and sold it to themselves

What a criminal party

— AtOLiCiOuS♋ (@ato_qwam3na) November 4, 2024

Labadi Beach Hotel recently paid GHS 16.5 million to SSNIT as profit, despite previous claims of being unprofitable, necessitating Bryan Acheampong’s intervention. Unbelievable!

— Kirani Sarki-Sadick (@Itz_Afellay) November 4, 2024

@MBawumia @NAkufoAddo This is Amanfrom on Nsawam -Pakro road. Since Friday at the same time the lights go off. Tell me this is not #Dumsor pic.twitter.com/rtEFPcYpMn

— OheneBa (@OheneDom) November 4, 2024

Niggas who blame JM for dumsor and said they voted against him because of dumsor are planning to vote for these fuckers who brought it back and owe IPPs close to three billion dollars. Sankwas lying pieces of shit

— BigD (@DarlDessi) November 4, 2024

Fix the Dumsor! What’s all this?

— Fentuo Tahiru Fentuo (@Fentuo_) November 4, 2024

“We will move the economy from taxation to production” We’re paying more taxes even COVID-19 tax.

Money meant to service ECG debt was diverted to SML and now Dumsor is back.

Agenda 111 not a single hospital working, are uncompleted buildings in bushes after 8 years. https://t.co/p9qC07Vsiu

— NII ♠️ 🇬🇭 (@NiiBortey_) November 4, 2024

My kids are not going to school today because they couldn’t sleep last time😭! Heat amidst mosquito bites! The entire night has been a horror and terror!!!! Dumsor is back but we scared to say it as it is!!

— #CancelElevy🔥🔥🔥 (@Mc_Mens1) November 5, 2024