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29 CSOs demand removal of GNPC’s Freddie Blay, Opoku Ahweneeh Danquah
Some 29 Civil Society Organisations (CSOs) are demanding the immediate removal of the Board Chairman of the Ghana National Petroleum Corporation (GNPC), Freddie Blay and the acting Chief Executive Officer, Opoku Ahweneeh Danquah.
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) and 26 others, say the two men have “become a threat to Ghana’s interest in the petroleum sector”.
In a statement sighted by JoyNews and endorsed by representatives from all 29 CSOs, the Coalition argued that a country being micromanaged by the IMF cannot be seen to be engaging in fiscal recklessness.
The group is also demanding complete information on the AFC transaction and the actual amount that would constitute petroleum cost and the immediate closure of the Aker PoD from the Petroleum Commission and Government.”
Giving more details, the coalition said the recurring controversies surrounding Aker Energy and AGM operations in Ghana and the sale of 50% of Jubilee Oil Holding Limited’s interest in the Deepwater Tano block to PetroSA, are of great concern.
“In these difficult times, the nation needs prudent management of its resources to derive the fullest of benefits and bring relief to the suffering masses,” the statement added.
Meanwhile, the Energy Minister Dr Mathew Opoku Prempeh is accusing the Board Chairman, Mr Blay of offering interest in Ghana’s oil fields to a South African oil company, Petroleum Oil and Gas Corporation of South Africa (PetroS).
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.
But Dr Prempeh insists this move is not in the interest of Ghana as the nation will lose revenue. He is therefore asking Mr Blay to withdraw the offer immediately.
“The Corporation should cease any further negotiations with PetroSA on matters of PetroSA’s intended pre-emption of the JOHL stakes.
“The stakes were acquired by the Government of Ghana with State funds. The Government of Ghana has informed the South African Government through their Minister responsible for Natural Resources and Energy in a bilateral meeting on the sidelines of the African Energy Week, 2022 in Cape Town that Ghana would not approve any pre-emption of the JOHL stakes”.
Credit:Myjoyonline
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
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Prophet Courage Heavens set to launch ‘Predestination’ book on March 23
Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.
The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.
The book is aimed at addressing the way people struggle to understand how free will and destiny align.
It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.
The various chapters of the book address various issues through scriptures and personal stories.
Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.
CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.
Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.
In addition, he has written seven more prophetic and life-changing books that are yet to be published.
He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.
