Friday, 20 June

Huudu Yahya chairs NPA board

Business
NPA board inaugurated

The Minister for Energy and Green Transition, Mr John Abdulai Jinapor, has inaugurated the newly reconstituted board of the National Petroleum Authority (NPA), pledging enhanced oversight and regulatory reforms to bolster Ghana’s petroleum downstream sector.

Speaking at the official ceremony, Minister Jinapor underscored the critical role of the NPA in ensuring efficient, transparent, and accountable operations across the petroleum value chain.

He emphasised the importance of robust regulation in protecting consumer interests, guaranteeing fair pricing, and curbing malpractice in a sector vital to national development.

“This industry is central to our economic growth.

Effective regulation is not optional—it is imperative,” the Minister stated.

“With the global volatility in oil prices and persistent challenges such as fuel smuggling, adulteration, dumping, and tax evasion, the NPA must remain vigilant and proactive.”

He lauded the Authority’s recent progress in enhancing regulatory and compliance mechanisms but urged the new Board to intensify efforts to combat illicit activities and restore trust and integrity in the sector.

“The board’s responsibility goes beyond oversight—it includes advancing good governance, promoting transparency, ensuring adherence to licensing standards, and boosting local content and participation,” Mr Jinapor said.

“You must work to maintain a stable, competitive, and investor-friendly environment.”

The Minister also revealed that the Petroleum Downstream Sector Reforms Committee, established in March 2025, had submitted its final report.

He indicated that the Ministry would review its recommendations—particularly those aimed at improving operational transparency, regulatory enforcement, and long-term sustainability—with a view to implementing reforms in close coordination with the NPA and other industry stakeholders.

In his acceptance remarks, the newly appointed Chairman of the NPA Board, Alhaji Huudu Yahya Iddrisu, expressed appreciation to President John Dramani Mahama for the trust reposed in the Board.

He assured the Minister and Ghanaians of the board’s readiness to work diligently to meet its mandate.

“On behalf of the board, I express our gratitude to President Mahama.

We are committed to advancing his vision of a fair, transparent, and efficient petroleum sector that delivers value to all Ghanaians,” Alhaji Iddrisu stated.

“We will work closely with all stakeholders to ensure that the NPA fulfils its regulatory obligations with integrity and innovation.”

The new Board includes:

Alhaji Huudu Yahya Iddrisu – Chairman

Mr. Elorm L. Lardi Glawu

Dr. Clement Osei-Amodo

Mr. Godwin Tameklo – CEO of NPA

Sanja Anita Morrison, Esq.

Linda N. Ogebdei Quao, Esq.

Madam Philis Naa Koryoo Okunor

 

 

Source: Classfmonline.com/Cecil Mensah