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Locomotive engine crashes into GOIL fuel tanker at Takoradi
A Ghana Railway Company Limited locomotive engine, on Wednesday morning crashed into a GOIL fuel tanker at the rail crossing, near Takoradi Container Terminal (TACOTEL) on the Sekondi-Takoradi road, in the Western Region.
The incident caused spillage of huge volumes of diesel fuel into the neighbourhood in New Takoradi.
The Crime Officer at the Marine Police in Takoradi, Assistant Superintendent of Police (ASP) Solomon Debi, who confirmed the story to the Ghanaian Times, said the driver of the tanker, Mohammed Abubakar, 48, had been arrested.
He, however, said the locomotive driver is being sought to assist police in investigations.
ASP Debi said, “We are investigating the matter. The tanker driver claimed his engine suddenly ceased, that’s why the tanker stopped all of a sudden on the rail line. He said he got down and was stopping the locomotive engine, but, it couldn’t stop.”
Eyewitnesses narrated that the bulk road vehicle with registration number AW 2705-11, loaded with diesel stopped on the rail tracks due to engine failure.
He said the locomotive engine emerged from the Railway headquarters in Takoradi and on getting to the scene could not stop and run into the truck and overturned It.”
Ghanaian Times was told that the automatic signaling system at the level crossing was not functioning at the time of the crash.
The locomotive engine that emerged from the harbour enroute to Kojokrom, crashed and grazed that tanker causing huge damage.
“The driver and the mate of the tanker escaped unhurt while the locomotive engine continued gliding to Kojokrom,” Charles Egyir, an eyewitness recalled.
Another eyewitness recalled, the timely arrival of police crash team and deployment of five fire tenders to the scene prevented what could have become another explosive situation in the Sekondi-Takoradi metropolis, following the Apollo junction gas explosion, some few weeks ago.
He said “they quickly spread the diesel tanker with foam powder to avoid any combustion and explosion and in about two hours the situation had been controlled”.
Meanwhile, the crash team had towed the head of the fuel tanker to allow traffic flow on the Sekondi-Takoradi road.
FROM CLEMENT ADZEI BOYE, TAKORADI
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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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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
