Why does State CEOs, MDs earn more than the President

Reggae and Dancehall artiste, Ras Kuuku has questioned why some Chief Executive Officers (CEOs) and Managing Directors (MDs) of State Enterprises are paid huge monthly wages.

He was responding to the issue of the GH¢70,000 paid monthly to the former Managing Director of the State Insurance Company (SIC) which was trending on social media.

The prolific singer insisted that he’s baffled and doesn’t understand why President Mahama who appointed these CEOs and MDs rather earns less monthly remuneration.

“Seriously, if you read or hear some of the monthly salaries these State CEOs and MDs receive, it’s quite huge but I don’t really know how much the President receives,” he stated as MyNewsGh.com listened.

“Even if the President receives 25K it’s nowhere close or compared to what these CEOs and MDs get because we are talking about some people who are taking 90K or more every month.

“But these CEOs and MDs are appointed by the President so how come that they take more monthly salary than the one who gave them their position and I’m baffled,” he queried in an interview with Amansan Krakye.