The Vice President of Ghana, Dr. Mahamudu Bawumia, has charged the governing Board of the National Petroleum Authority (NPA) to support management to implement measures aimed at increasing revenue for the state.

The NPA was established by Act 2005, Act 691 to monitor and regulate petroleum prices by the prescribed pricing formula, grant licences to service providers and marketing companies, protect consumers’ interests and maintain the highest standards of petroleum products offered to them.

In a post on NPA’s Facebook and sighted by energynewsafrica.com, it said the Governing Board of the National Petroleum Authority, led by the Chairman, Mr Joe Addo-Yobo, called on the Vice President Dr. Mahamudu Bawumia at the Jubilee House on Tuesday, to brief the latter on matters such as steps taken to sanitise the downstream petroleum industry including digitisation in some aspects of the operations of the Authority and applying disciplinary sanctions to Oil Marketing Companies involved in illegalities among others.

“The Vice President commended the Board for their efforts and charged them to continue to implement measures aimed at increasing revenue for the state,” it said.

The NPA recently announced the creation of offices of deputy CEOs and appointed Mr. Perry Okudzeto and Mrs Linda Asante as the first deputy CEOs since the establishment of the Authority.

Source: https://energynewsafrica.com

 

 

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