• About Us
  • Privacy Policy
  • Contact Us
Monday, June 16, 2025
MyPublisher24
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
No Result
View All Result
Morning News
No Result
View All Result
Home Business

29 CSOs demand GNPC CEO, Freddie Blay removal over PetroSa deal

Osumanu Al-Hassan by Osumanu Al-Hassan
May 23, 2023
in Business
0
Civil, Society, cso
0
SHARES
138
VIEWS
Share on FacebookShare on TwitterWhatsapp

Some 29 Civil Society Organisations are demanding the immediate removal of GNPC’s Chief Executive Officer, Opoku Ahweneeh Danquah, and Board Chairman, Freddie Blay.

The CSOs made up of the Africa Centre for Energy Policy (ACEP), Centre for Democratic Development (CDD-Ghana), the Chamber of Petroleum Consumers Ghana (COPEC), Imani Centre for Policy and Education and 25 others accuse the two men of working against the interest of the state.

READ ALSO

GRA postpones GH₵1 fuel levy implementation

BoG’s cocoa reserve use dangerous precedent — Banking expert

The demand for their removal comes in the wake of GNPC’s intention to sell a 50% stake in Jubilee Holdings Limited (JOHL) to PetroSA, despite the substantial revenue potential this interest holds for the state.

Addressing the press on Tuesday, May 23, the Coordinator for the coalition, Abdul Karim Mohammed said the continuous presence of these individuals, closely associated with petroleum operations, poses significant risks to Ghana’s interests.

Mr Mohammed explained that the Energy Minister, Dr Mathew Opoku Prempeh is against a decision by the Board Chairman of GNPC, Mr Blay for offering interest in Ghana’s oil fields to a South African oil company, Petroleum Oil and Gas Corporation of South Africa (PetroSA).

Mr Blay in his capacity as the GNPC Board Chairman is said to have written to PetroSA offering it an equal split in the interest held by GNPC’s subsidiary Jubilee Oil Holdings Ltd.

“It is a viable field, and it is giving us a lot of money if we allow this to go forward. What it means is that PetroSa will be entitled to 50 percent of the earnings from the field, whereas they have not had any role in developing the field to the point where it is now viable.

“The information we have is that the Minister for Energy has objected to this transaction but the Chairman of GNPC Board is pushing this transaction to the extent that the Minister of Energy had written to the Jubilee House over this transaction.”https://www.myjoyonline.com/kumawu-by-election-provisional-results-so-far-put-npps-ernest-anim-in-pole-position/

Tags: civilsociety

Related Posts

GRA, fuel levy
Business

GRA postpones GH₵1 fuel levy implementation

June 14, 2025
Cocoa,Dr. Richmond Atuahene,BoG,
Business

BoG’s cocoa reserve use dangerous precedent — Banking expert

June 10, 2025
Business

CPI eases to 18.4% in May as Cedi gains, fiscal measures drive stability

June 8, 2025
Rektron Group
Business

Canada’s Rektron Group to acquire 60% Stake in AT Ghana

June 5, 2025
remittance, end-year cedi , $370m IMF disbursement, Effia MP, major currencies
Business

BoG moves to block leakages in remittance inflows as part of measures to stabilise cedi

June 5, 2025
remittance, end-year cedi , $370m IMF disbursement, Effia MP, major currencies
Business

Fitch revises end-year cedi projection to GH₵13 per dollar

June 2, 2025
Next Post
Candidate, kumawu, jubilate

Supporters in hometown of NPP candidate jubilate over Kumawu 'victory'

POPULAR NEWS

Lighthouse chapel

Lighthouse Chapel Case: 6 Ex-Pastors Demand $12 Million Settlement

April 30, 2023
aircraft

Light House Brouhaha: Kofi Bentil Exposed Over $12M Settlement Deal

April 24, 2023
SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

April 24, 2023
Kwaku Azar writes: Until a prima facie case is established

Akufo-Addo Nominates Gertrude Torkornoo As New Chief Justice

June 12, 2025
Lighthouse Brouhaha: Larry Odonkor charged with Stealing

Lighthouse Brouhaha: Larry Odonkor charged with Stealing

April 24, 2023

EDITOR'S PICK

Full text: Akufo-Addo’s address at 67th Independence Day celebration at Koforidua

Full text: Akufo-Addo’s address at 67th Independence Day celebration at Koforidua

March 7, 2024
Volta, Oti

AGI signs MoU with Tradex Africa Consult

December 16, 2023
Don’t over-rely on DACF for development-Minister

Don’t over-rely on DACF for development-Minister

October 17, 2021
Bono, Manso, fire, burnt ,ashes

3 persons burnt to death in accident at Bono Manso

May 20, 2023

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Important Links

  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

Recent Posts

  • Mahama fears spiking oil prices amid Israel-Iran conflict
  • YEA sanitation contract ‘expired; not cancelled’ – Zoomlion breaks silence
  • Zoomlion clarifies end of YEA contract
  • Afenyo-Markin challenges Deputy Speaker’s ruling: Says sub judice rule was misapplied

Archives

  • About
  • Privacy Policy
  • Terms of Use

© 2025 mypublisher24 - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

© 2025 mypublisher24 - All rights reserved.