Business Outlook Africa

GHL Demands Apology from Acting Rent Commissioner Over Pentagon Hostel Comments

The Ghana Hostels Limited (GHL) is demanding an immediate apology from Acting Rent Commissioner Fredrick Opoku over comments he made regarding rent charges its  Pentagon Hostel on the University of Ghana campus, while strongly defending its pricing structure.

In a statement released earlier today , management of GHL said the comments by the Acting Rent Commissioner were made without adequate due diligence and had created a misleading impression about the hostel’s operations.

We wish to state that the comments made by the Acting Rent Commissioner were not based on adequate due diligence, which has since created a misleading impression about the operations of the facility.” The statement read

According to the company, although the facility is a Social Security and National Insurance Trust (SSNIT) investment, the day-to-day management, pricing structures, and tenancy arrangements are independently handled by Ghana Hostels Limited

GHL also provided a breakdown of its accommodation charges, explaining that standard four-in-a-room at the old Pentagon Hostel cost GH¢7,392 per academic year per student, while rooms at the new Pentagon cost GH¢8,876 per academic year translating into approximately GH¢821.33 and GH¢986.22 per month, respectively, inclusive of water, electricity quota, and GH¢100 in Junior Common Room (JCR) dues.

The Company also clarified that the company currently doesn’t charge GH¢ 28000 for any of its facilities as it’s being put out there.

The management insisted that the rates remain competitive and comparatively lower than those charged by several private hostels around the University of Ghana enclave.

The management then reiterated its commitment towards transparency, accountability, and constructive engagement with all stakeholders on issues of national interest.

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