Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, the NPA instructed the application […] The post Fuel
…commanding presence and inspiring action Commanding attention, inspiring action, and rallying people around a shared vision – these are the hallmarks of a true leader. At the heart of transformative leadership lies the art of communication, the ability to articulate ideas with clarity, conviction, and a presence that captivates audiences. Whether addressing a boardroom of […] The post
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024. Projections for April’s first pricing window made by the Chamber of Petroleum Consumers (COPEC) is pegging a litre of petrol at GH¢13.41, “baring any universal changes in Petroleum prices of $874.09/MT for petrol […] The post Fuel
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […] The post Locked-up
A member of the Mines and Energy Committee of Parliament and MP for the Bongo constituency, Edward Abambire Bawa, has expressed disappointment over the comments made by Energy Minister Matthew Opoku Premspeh. The Energy Minister, whilst responding to reporters on the current state of power supply in the country and the calls for a load-shedding […] The post Load-shedding timetable:
The Chamber of Petroleum Consumers (COPEC) has expressed concerns about the recent increase in the number of the reconstituted Tema Oil Refinery Board. President Akufo-Addo, in a letter dated March 18 and under the hand of Nana Bediatuo Asante, Secretary to the president, announced the reconstitution of the board of the Tema Oil Refinery (TOR) […] The post Increased
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […] The post Investment holders
Opoku-Ahweneeh Danquah In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership within the public Read More... The post Ghana’s Oil &
The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021 Abidjan (Côte d’Ivoire), 7 March 2024 – The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan today to discuss the […] The post
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […] The post Joint
By Abdallah ABDUL-MUMUNI (Dr) Ghana’s economic landscape has changed dramatically since the early 2010s, when oil reserves were discovered off its coast. However, the journey towards harnessing this newfound economic resource has been confronted with challenges, key among them being the volatile nature of international crude oil prices. In this article, we delve into the […] The post
The Executive Director of the Joint United Nations Programme on HIV/AIDS (UNAIDS), Winnie Byanyima, has expressed grave concerns over the passage of the Human Sexual Rights and Family Values Bill in Ghana, commonly known as the anti-gay bill. The legislation, which criminalizes and prohibits LGBT activities, was approved on Wednesday, February 28, 2024, sparking criticism […] The post Passage
A taskforce comprising the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security, on Tuesday, February 27, 2024, embarked on an exercise to crack down on smuggled vegetable oil on the Ghanaian market. During a swoop, eight shops were ordered to cease […] The post Taskforce
President Nana Addo Dankwa Akufo-Addo
The Association of Ghana Industries is in support of efforts by the Tree Crop Development Authority and others to crack down on smuggled vegetable oil in the Ghanaian market. The Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security on Tuesday closed […] The post Action
President Nana Addo Dankwa Akufo-Addo has indicated that the government’s gold-for-oil policy has significantly reduced pressure on forex. He said the policy has achieved the needed results and has led to a reduction in the prices of fuel at the pump. In his penultimate State of the Nation Address on Tuesday, February 27, the president […] The post Gold-for-oil
The market women and organisers in a group photograph Over 300,000 workers in Ghana’s oil palm and refinery sector are at risk of losing their jobs as the industry Read More... The post Oil Palm Farmers Cry Over Smuggling appeared first on DailyGuide
The Majority Leader, Alexander Afenyo-Markin, has voiced concerns over the emotional tone surrounding the discussions on the anti-gay bill in Ghana’s Parliament. According to him, some of his colleague MPs become emotional during deliberations on the bill. The Effutu lawmaker previously proposed a replacement of a minimum two-month imprisonment sentence with a minimum of one […] The post Stop
The President of the African Refiners and Distributors Association (ARDA) and Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has reiterated ARDA’s commitment to work with the Organization of the Petroleum Exporting Countries (OPEC), the African Petroleum Producers’ Organization (APPO) and the African Union Commission (AUC) to deliver a sustainable intra-African oil […] The post
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