President Mahama Dissolves Boards of Nine State Institutions
President John Dramani Mahama has dissolved the Boards of nine state institutions with immediate effect as part of ongoing administrative reorganisation across key public enterprises and agencies.
The affected institutions are Prestea Sankofa Gold Limited, the Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, the Road Maintenance Trust Fund, TDC Ghana Limited, the Ghana National Petroleum Corporation (GNPC) and the National Sports Authority.
A statement issued on Wednesday by Spokesperson to the President and Minister for Government Communications, Mr Felix Kwakye Ofosu, said the dissolution takes immediate effect.
The President has directed the relevant sector ministers to take all necessary steps, in accordance with the applicable laws and governing instruments, to implement the dissolution of the boards.
According to the statement, the affected boards will be reconstituted in due course.
The institutions span the energy, mining, banking, transport, real estate, postal and sports sectors, and play significant roles in the delivery of public services and the management of strategic national assets.
Richard Aniagyei, ISD
