General News
CJ suspension demo: NDC reset is a negative reset – Minority Leader
Minority Leader Alexander Afenyo-Markin has strongly criticised the suspension of Chief Justice Gertrude Torkonoo by President John Mahama, describing the move as “a negative reset” that threatens the independence of the judiciary.
Speaking during a demonstration on Monday, May 5, held by the New Patriotic Party (NPP) and other allied forces against the action of President Mahama, Mr Afenyo-Markin pointed out that attempts to remove the Chief Justice undermine the country’s democracy.
In his remarks, he questioned the intentions behind the action and called on members of the judiciary to rise above political influence.
“The judiciary is supposed to be a neutral actor in this democratic discourse. The judiciary is our last hope, and we believe that what is happening undermines our democracy and the rule of law,” he emphasised.
He condemned the petitions that triggered the processes leading to the Chief Justice’s suspension, calling it “flimsy” and “pedestrian”, and accused the Council of State of failing the country by entertaining the three letters that called for the Chief Justice to be axed.
“For the Chief Justice to be singled out for this unfortunate attack… the Council of State has failed the country. We want you as an institution to put aside your individual differences and know that it is your institution that is under attack. Maybe today it is Torkornoo; tomorrow it might be you,” he warned.
Mr Afenyo-Markin stressed that judicial officers must remain above partisan politics.
“You don’t serve at the whims and caprices of a political party and a government. If you wanted to be a politician, you would have been in a political party,” he said, adding that what is happening to Her Ladyship is “repugnant to good conscience.”
He also accused the government of hypocrisy, noting that it had previously criticised the expansion of the Supreme Court but had now appointed seven new judges under questionable circumstances.
“You know the process of appointing judges to the Supreme Court is not what has been used. So this reset is a negative reset,” he said, urging judicial staff not to be complacent.
Mr Afenyo-Markin further cautioned against political vengeance in the future.
“I also want to take this opportunity… to draw the attention of the nation to come to terms with the fact that there must be an end to bitterness. If this vicious cycle of ‘you did it to me; I will do it to you’ continues, there will be no further hope for our democracy,” he said.
He warned that such partisan actions could haunt current judicial staff in the future, especially with the possibility of a new government in 2028.
“I am humbly calling on all judicial service staff to think deeply about tomorrow. Don’t be too comfortable because today some government officials are promising you promotions, so you don’t want to speak out. We will speak up for the sake of posterity,” he said.
Source: myjoyonline
General News
Trump threatens serious tariffs on EU over proposal to make Canada an associate member
By Angel No Lie | KPD Online | September 17, 2026
WASHINGTON/BRUSSELS — U.S. President Donald Trump has threatened to impose what he called “very serious tariffs” on the European Union, or restrict trade with Europe, if the bloc moves ahead with a proposal to give Canada a new form of “associate member” status.
Trump made the comments on Wednesday, September 16, after European Commission President Ursula von der Leyen proposed opening discussions on making Canada the EU’s first associate member. The proposal comes as Canada seeks to deepen its economic and security relationships with Europe amid increasingly difficult relations with Washington.
Canada welcomes closer European ties
Carney welcomed the broader direction of the proposal during his visit to the European Parliament on Thursday.
He did not specifically commit Canada to the phrase “associate member,” saying that the substance of any future relationship would matter more than the terminology.
“We do not seek power to dominate others,” Carney told the European Parliament, arguing for greater resilience and protection of Canada’s markets, sovereignty, democracy and rule of law.
Carney also said Canada would determine independently which countries and organizations it chooses to work with.
“No one is going to dictate our culture or with whom we can strike agreements internationally,” he told reporters.
Why Canada is looking toward Europe
Canada’s relationship with the United States has deteriorated significantly under Trump’s presidency.
Washington has imposed tariffs affecting Canadian goods, while Trump has repeatedly spoken about Canada becoming the 51st U.S. state. Ottawa has consequently been seeking ways to diversify its economic relationships and reduce its dependence on the American market.
The United States remains the destination for roughly 70% of Canada’s exports, making the relationship economically critical despite the political tensions.
Closer cooperation with Europe could potentially give Canada additional avenues for trade, investment, defence cooperation and access to strategic supply chains.
Von der Leyen framed the proposed relationship as a partnership intended to strengthen both sides rather than as an alliance directed against the United States.
The proposal is still at an early stage
Despite the political attention surrounding Trump’s response, Canada has not been offered full EU membership, and no final associate-membership agreement currently exists.
The proposed framework would have to be developed and supported by EU member states. The exact rights and obligations associated with any future status also remain to be determined.
European officials have indicated that the initiative could expand cooperation beyond traditional trade arrangements into areas such as defence industries, technology, energy and critical minerals.
Europe responds to Trump’s warning
European officials have pushed back against the suggestion that the Canada initiative is directed against Washington.
European Commission spokesperson Olof Gill said the proposed strengthening of EU-Canada relations was “not against anyone else, but for our common strength.”
France’s Europe minister, Benjamin Haddad, also said the United States does not have the power to determine Europe’s political or geopolitical direction.
The dispute therefore involves more than tariffs. It also raises questions about how Canada and European countries intend to structure their economic and security relationships at a time when traditional alliances are under pressure.
What happens next?
The immediate issue is whether the EU and Canada turn von der Leyen’s proposal into a concrete negotiating framework.
The EU-Canada relationship is expected to receive further attention at a planned Canada-EU summit in Montreal next month. Areas under discussion include trade, defence, technology, energy, critical minerals and Arctic cooperation.
For Washington, the question is whether the proposed European-Canadian relationship will remain a diplomatic and economic initiative or develop into a broader strategic partnership.
For Brussels and Ottawa, the next stage will involve defining exactly what “associate membership” would mean — and whether EU governments are prepared to support it.
For now, Trump’s tariff threat remains conditional. No new U.S. tariff package specifically targeting the EU over the Canada proposal has been announced. The central dispute is still developing as Canada and Europe consider how far they want to take their relationship.
General News
Life after Parliament: What really happens to the V8s and luxury cars MPs drive?
As MPs complete their parliamentary terms and new lawmakers take their seats, one question keeps resurfacing: what happens to the expensive vehicles associated with Ghanaian parliamentarians once they leave office?
The issue has become a recurring source of public debate, particularly because parliamentary vehicle arrangements have involved substantial financing and, in previous arrangements, tax concessions. But the reality is more complicated than the popular image of MPs simply being handed state-owned V8s.
Do MPs actually own the V8s?
Under the vehicle financing arrangement approved for the Eighth Parliament, government and the National Investment Bank entered into a US$28 million medium-term loan agreement to finance vehicles for MPs between 2021 and 2024. Parliament also approved tax and duty waivers for qualifying vehicles.
The arrangement required repayments to be deducted from MPs’ remuneration, meaning the vehicles were linked to a financing arrangement rather than simply being free gifts from the state.
More recently, Twifo Atti Morkwa MP David Vondee explained that MPs generally obtain loans to purchase their vehicles and are responsible for fuel and drivers, challenging the perception that government simply buys and maintains luxury cars for every MP.
So what happens when an MP loses the election?
This is where the distinction between a vehicle purchased through a loan and an official state vehicle becomes important.
If the vehicle was acquired under a financing arrangement in which the MP is the beneficiary and borrower, leaving Parliament does not automatically mean the vehicle becomes government property.
The outstanding financial obligations attached to the vehicle remain relevant. The exact treatment, however, depends on the terms of the particular financing arrangement.
That is very different from vehicles formally assigned to government officials for official duties.
Parliament itself wanted the system changed
Interestingly, Parliament’s own Finance Committee previously acknowledged the controversy surrounding the arrangement.
In 2021, the committee recommended discontinuing the then-existing vehicle loan system for MPs and Council of State members, arguing that public concern over the burden on the public purse could weaken confidence in Parliament.
The committee proposed that MPs should instead have duty-post vehicle arrangements similar to other Article 71 office holders.
That recommendation shows just how contentious the issue has become over the years.
Why the V8 debate refuses to disappear
For many Ghanaians, the sight of powerful 4×4 vehicles being associated with MPs has become a symbol of political privilege.
But MPs have consistently argued that their jobs require extensive travel between Accra and constituencies, including areas with difficult road networks.
Government Communications Minister Felix Kwakye Ofosu defended the provision of 4×4 vehicles in March 2026, arguing that MPs travel extensively, spend personal resources on constituents and require reliable transportation to perform their duties.
The debate, therefore, is not simply about whether an MP drives a V8. It is about who finances the vehicle, who owns it, who pays for its maintenance and what happens when the MP’s parliamentary term ends.
Don’t confuse MPs’ cars with ministers’ official vehicles
There is another important distinction.
At the end of the Akufo-Addo administration in 2024, the Presidency directed outgoing ministers, deputy ministers, regional ministers and other political appointees to return government vehicles to their respective ministries. It also stated that those appointees would not be allowed to acquire state vehicles as their terms ended.
That directive concerned official government vehicles, which are different from vehicles acquired by MPs through personal or parliamentary financing arrangements.
The bigger question: should the system continue?
The controversy surrounding parliamentary vehicles has persisted because it sits at the intersection of two competing concerns.
On one side is the argument that MPs need reliable vehicles to travel across their constituencies and perform their constitutional duties.
On the other is the concern over the cost to taxpayers and whether lawmakers should benefit from vehicle financing arrangements that ordinary citizens may not have access to.
Parliament’s own Finance Committee recognised this tension when it recommended changes to the vehicle arrangement in 2021.
General News
GRA challenges GH¢79.65m judgment debt to Servestar Minwax
The Ghana Revenue Authority (GRA) has challenged the enforcement of a GH¢79.65 million judgment debt awarded to Servestar Minwax (WA) Limited, insisting that the amount must first be independently reconciled before any payment is made.
The dispute, which dates back to 2009, reportedly started over an alleged overpayment of import duties involving less than GH¢1 million.
Servestar Minwax subsequently secured judgment against the GRA. However, the Authority says the amount now being pursued through garnishee proceedings has risen to GH¢79,651,132, including what it describes as 35% daily compound interest.
On July 22, 2026, the High Court, Commercial Division 3, issued a Garnishee Order directing the Bank of Ghana to release the amount from the GRA’s Tax Refund Account to Servestar Minwax and its director, Henry Manly-Spain.
The GRA has since applied for the Garnishee Order Absolute to be set aside and has also filed a Notice of Appeal against the ruling.
A major development occurred on August 20, 2026, when the court allowed a forensic reconciliation of the judgment sum.
The decision allows an independent auditor to examine the calculations and determine the actual amount legitimately owed.
The GRA said its application for the reconciliation was intended to ensure that the correct figure is reflected in the proceedings.
“GRA’s application includes a request for a forensic reconciliation of the judgment sum as asserted by the plaintiff to ensure that the correct amount is reflected,” the Authority said.
According to the GRA, its own reconciliation indicates that the amount legitimately owed to Servestar Minwax is significantly lower than the GH¢79.65 million being pursued.
The Authority has also cited documents it says were submitted to the solicitor of Henry Manly-Spain, indicating that he disputes the GH¢79.65 million figure.
The GRA said the documents show that Mr Manly-Spain’s legitimate claim relating to overpaid duties and the value of containers sold since 2009 is considerably lower than the amount awarded by the court.
“His legitimate claim against GRA for overpaid duties and the value of containers sold, dating back to 2009, is significantly less than the GH¢79.7 million awarded by the Court,” the Authority said.
The GRA said Mr Manly-Spain’s position has been formally presented to the court as part of the proceedings seeking to set aside the garnishee order and establish the correct value of the judgment debt.
The Authority is also challenging the attachment of its Tax Refund Account at the Bank of Ghana.
It argues that the account is legally protected and was established specifically to facilitate the payment of legitimate tax refunds to taxpayers who have overpaid their taxes.
The GRA is relying on Section 69 of the Revenue Administration Act, 2016 (Act 915) in support of its position.
“GRA maintains that the Refund Account held at the Bank of Ghana…is a statutorily protected account designated for the payment of legitimate refunds to taxpayers who have overpaid and cannot be subjected to attachment in the manner directed,” it said.
The Authority’s initial application for a stay of execution was unsuccessful.
The GRA, however, says it intends to renew the application before the Court of Appeal at the beginning of the new legal year.
Meanwhile, the Commissioner-General has directed an internal audit into the reconciliation and litigation processes surrounding the case.
The audit is expected to establish whether any lapses occurred and identify measures to strengthen the Authority’s internal controls.
The GRA said the various steps being taken are aimed at protecting public funds while ensuring that lawful court decisions are respected.
“The Authority reiterates its commitment to abide by the rule of law and adherence to the lawful decisions of the honourable court in the interest of justice; while at the same time it exercises the legitimate responsibility to defend the interest of the state,” the Authority said.
General News
IS MANASSEH AUDITING THE AUDITOR-GENERAL OR PUTTING ZOOMLION ON TRIAL AS USUAL?

By Mashoud Bawa
Introduction: A Question of Fairness
I am a Ghanaian writer passionate about environmental sanitation and the work of private waste management companies, especially the prestigious Zoomlion Ghana Limited. I am concerned when people, including Manasseh Azure Awuni, appear to undermine a company that has created jobs, helped address sanitation challenges and contributed to Ghana becoming the West African regional hub for sanitation, waste management, and circular economy policy support.
For more than a decade, Manasseh has unjustifiably criticised Zoomlion and its owner, Dr. Joseph Siaw Agyepong, through articles and commentaries that, in my view, have focused almost exclusively on alleged wrongdoing while rarely acknowledging the company’s achievements or its owner’s ingenuity.
That raises a fundamental question: Can journalism be considered fair and balanced when its scrutiny of one company remains overwhelmingly negative over many years?
Constructive criticism, we all know, should identify problems, offer suggestions and acknowledge achievements where appropriate. Has Manasseh ever examined Zoomlion’s job creation, investments in waste-management infrastructure, technological initiatives, recycling operations, expansion beyond Ghana or contribution to environmental sanitation? If so, what did he find?
The Audit Discrepancy
These questions bring me to Manasseh’s current investigation, “Auditing the Auditor-General: How Special Audit Understated a COVID-19 Expenditure.”
The central issue is serious: Why did the Auditor-General’s special audit reportedly record GH¢96.3 million as fumigation expenditure when documents claim from the Ministries of Education, Local Government and Transport allegedly show expenditure of at least GH¢780 million?
That discrepancy requires careful examination.
How did the Auditor-General arrive at GH¢96.3 million? Who supplied and reviewed the figures? Which ministries submitted expenditure records? What methodology determined what qualified as COVID-19 expenditure? Why were some expenditures allegedly audited but not reflected in the reported fumigation figure? Who within the Audit Service made those decisions?
These questions go directly to the investigation’s central premise. If the allegation is that the Auditor-General understated COVID-19 expenditure, the audit process itself must receive detailed scrutiny.
Institutional Responsibility
My concern begins when a question about the Auditor-General’s alleged under-reporting gradually becomes a story about Zoomlion primarily.
The Auditor-General did not award Zoomlion the contracts. Zoomlion did not write the special audit report or determine which expenditures should be included or excluded.
Therefore, if the central allegation concerns an understatement by the Auditor-General, who should answer for it: Zoomlion or the Ghana Audit Service?
If the concern is procurement, equal attention should be given to the ministries and public officials who initiated the procurements, selected the contractor, obtained approvals, supervised the work, certified performance, approved invoices and authorised payment.
Zoomlion does not award itself government contracts. Ministries and public institutions must answer for the decisions they made; the procurement authorities for approvals and ratifications; public officials for supervision, certification and payment; and contractors for the work they were paid to perform.
Accountability should cover every institution and individual involved.
Zoomlion’s Relevance
Manasseh reports that approximately GH¢775 million of the GH¢780 million in fumigation expenditure he identified went to Zoomlion. That makes the company materially relevant to the investigation.
However, relevance does not eliminate the need for proportionality and fairness. The question is whether Zoomlion receives extensive attention because the evidence requires it, or whether the Auditor-General controversy has become another opportunity to revisit longstanding criticisms of the company.
The article also discusses previous Zoomlion contracts, World Bank sanctions, GYEEDA, earlier fumigation arrangements, a 2025 ministerial report and other controversies. This raises a legitimate question: Is it principally an investigation of the Auditor-General’s COVID-19 audit, or another broad prosecution of Zoomlion through journalism?
If Zoomlion received approximately GH¢775 million, it is reasonable to investigate whether it performed the contracted services, whether public authorities certified the work, whether the prices complied with procurement requirements and whether the state obtained value for money. But those questions should be addressed through evidence and accompanied by equal scrutiny of the institutions that awarded and paid for the contracts, not the contractor.
Journalistic Fairness and Consistency
The issue is broader than Dr. Otabil or Zoomlion. It concerns whether journalists apply consistent standards when reporting on people and institutions with whom they have different relationships.
When the Capital Bank saga broke out, some people, including me, called on Manasseh to comment on his pastor and godfather, Dr. Mensah Otabil’s involvement as then chairman of the board of directors. He responded that he would not do so because of their relationship.
That raises questions about consistency. Should the standard of scrutiny change depending on a journalist’s relationship with the person or institution involved? If personal relationships justify recusal in one case, should personal history, previous disputes or long-running negative campaigns against another organisation also be disclosed so readers can assess possible bias?
Rather than allege, without evidence, that Manasseh has paymasters who benefit from attacks on Zoomlion, I would ask him directly:
What explains the persistence and intensity of your focus on Zoomlion over more than a decade? Are there interests, relationships, funding arrangements or institutional considerations that readers should know about?
After years of predominantly negative reporting about the same company and entrepreneur, readers are entitled to examine not only the subject of the journalism but also its consistency, proportionality and fairness.
Conclusion: Auditor-General or Putting Zoomlion on Trial Again
Zoomlion should not be immune from scrutiny because it is Ghanaian, employs people or operates in an important sector. Companies handling public money must answer questions about procurement, performance and value for money.
But accountability cannot be selective. The Auditor-General must answer for the audit report. Ministries must answer for contracts they awarded. Procurement authorities must answer for approvals. Public officials must answer for certification and payment. Contractors must answer for the work they performed.
Journalists, too, should be open to legitimate questions about consistency, conflicts of interest, proportionality and fairness.
If we genuinely want accountability, the same torch must shine in every direction.
Are we auditing the Auditor-General, investigating COVID-19 expenditure, or simply putting Zoomlion on trial again?
General News
Radiant Media proposes 60-day national petroleum reserve to cushion Ghanaians against oil shocks
Emmanuel Duah, Executive Director of Radiant Media and Intelligence Hub, has proposed the establishment of a National Petroleum Reserve Buffer (NPRB) to protect Ghanaian consumers from sharp increases in fuel prices triggered by global crude oil price shocks and supply disruptions.
According to Emmanuel Duah, the proposed reserve would provide Ghana with a dedicated and auditable stock of refined petroleum products that could be released into the domestic market when international crude prices surge or major external disruptions threaten fuel supply.
In an energy security proposal, Mr Duah said Ghana may not be able to control international developments such as conflicts, attacks on oil infrastructure or disruptions along major shipping routes, but the country can strengthen its ability to absorb the resulting economic shock.
He described the situation as one where “the crisis is external, but the pain is local.”
Emmanuel Duah’s proposal comes against the backdrop of significant volatility on the international crude oil market.
The proposal notes that Brent crude had risen to $108.77 per barrel, a four-month high, with physical crude cargoes in Europe trading above $130 per barrel.
It cited North Sea Forties crude trading at about $136.75 per barrel, approaching the previous high of $147.37.
Mr Duah attributed the international price pressure to external developments, including the escalating US-Iran conflict, attacks affecting oil infrastructure, disruptions to oil production in Libya and threats to shipping through the Red Sea.
According to Emmanuel Duah, sustained increases in global crude prices could quickly translate into higher petroleum prices in Ghana.
He warned that the resulting pressure could affect pump prices, the Ghanaian cedi, transport fares and inflation.
“Ghana cannot control the Strait of Hormuz, but Ghana can control its buffer,” Mr Duah stated in the proposal.
He therefore wants Ghana to establish a strategic stock that can be deployed during periods of extreme international price volatility.
Under the proposal, the National Petroleum Reserve Buffer would be a sovereign strategic stock held strictly for national energy security and consumer protection.
Mr Duah stressed that the reserve should not be treated as additional stock for BOST’s normal commercial trading operations.
Instead, the petroleum products would be held specifically for emergency market intervention.
The proposal recommends maintaining:
- 45 days of petrol consumption
- 45 days of diesel consumption
- 30 days of LPG consumption
The stocks would be distributed across BOST’s six depots at Accra Plains, Kumasi, Buipe, Bolgatanga, Maame Water and Takoradi.
The proposal puts the combined storage capacity of the facilities at 760,000 cubic metres or more.
BOST would remain responsible for custody, storage and maintenance of the strategic stock but would not be allowed to trade the reserve commercially.
Emmanuel Duah is proposing the creation of a National Petroleum Reserve Committee (NPRC) under the proposed Modern NPA Act, 2026.
The committee would be chaired by the Minister for Energy and Green Transition, while the Chief Executive of BOST Energies would serve as Vice-Chair.
Other proposed members include representatives from:
- National Petroleum Authority
- Bank of Ghana
- National Security
- Ministry of Finance
- Energy Commission
- Chamber of Oil Marketing Companies
- Consumer Protection Agency
The NPA Chief Executive would serve as secretary and regulator, while BOST would act as the technical operator and custodian.
Mr Duah describes the proposed arrangement as “minister-led but not minister-controlled.”
To prevent political abuse or unilateral decisions, Emmanuel Duah proposes that any decision to release reserve stocks should require a two-thirds majority of the National Petroleum Reserve Committee.
He also proposes that every release decision be published in the Ghana Gazette within 24 hours, including the volume released and the anticipated price impact.
According to Mr Duah, the arrangement would provide greater transparency and accountability while limiting the possibility of arbitrary interventions.
Emmanuel Duah’s proposal calls for a financing structure that would not impose a new tax or levy on consumers.
The proposed funding model is:
- 30% from a ring-fenced portion of BOST’s existing margin
- 40% from a windfall mechanism
- 20% from the ESLA Stabilisation portion
- 10% from private-sector participation by members of the Chamber of Bulk Oil Distributors
Under the proposed windfall mechanism, when BOST’s annual trading profit exceeds GH¢500 million, 10% of the amount would be directed towards acquiring strategic petroleum stocks.
Mr Duah cited BOST’s reported GH¢683.96 million profit in 2025 as an indication of the potential financing base.
The proposal also calls for clearly defined conditions for releasing petroleum products from the reserve.
The first proposed trigger would be activated when the 30-day average Brent crude price exceeds $100 per barrel.
The second would apply when Ghana’s ex-pump petrol price crosses GH¢15.50 per litre.
The third would be triggered when the NPA declares a supply disruption resulting from an external shock, such as a major interruption in supplies or a disruption along a key international shipping route.
When the triggers are met, BOST would release the buffer stock at a subsidised ex-depot price.
The difference between the market price and the subsidised price would be absorbed by the proposed Buffer Fund, rather than by oil marketing companies.
Mr Duah argues that this structure would allow the price relief to reach consumers directly.
Emmanuel Duah also proposes that Ghana should restock the reserve once international crude prices ease.
Under his proposal, when Brent crude remains below $85 per barrel for 30 consecutive days, the reserve would begin to be replenished.
The mechanism is intended to allow Ghana to build up stocks during relatively favourable market conditions and deploy them during periods of severe price pressure.
A major element of Mr Duah’s proposal is the need to maintain BOST’s financial strength and commercial independence.
He argues that BOST’s commercial operations should remain separate from the strategic reserve so that the company can continue generating profits that could contribute to national energy security.
He cited BOST’s reported GH¢683.96 million profit in 2025 and GH¢34.2 million dividend payment to the government as evidence of the company’s ability to generate revenue.
Under the proposed framework, BOST would be the custodian and technical operator, NPA would regulate the reserve, the Energy Minister-led committee would make strategic release decisions, and Parliament would provide oversight.
Emmanuel Duah’s proposal also points to strategic petroleum reserves maintained or planned by other countries.
It cites the United States Strategic Petroleum Reserve, India’s Indian Strategic Petroleum Reserves Limited (ISPRL) and Kenya’s plans for a strategic reserve.
Mr Duah believes Ghana could establish itself as a regional leader in energy security by maintaining a 60-day petroleum buffer.
According to the proposal, a strategic reserve could help reduce the immediate impact of major increases in international crude prices.
Mr Duah estimates that if crude prices rise from approximately $80 to $130 per barrel, a reserve release could potentially reduce the increase in Ghanaian pump prices by between GH¢2 and GH¢3 per litre for 45 to 60 days.
He argues that such intervention could help cushion consumers, transport operators and businesses while limiting the impact of fuel-price increases on the cost of transporting food and other goods.
The proposal also suggests that the reserve could help prevent panic buying and shortages during major supply disruptions.
Mr Duah further argues that reducing the immediate transmission of global oil-price shocks into the domestic economy could give the Bank of Ghana additional room to manage pressure on the cedi.
Emmanuel Duah is therefore calling for the proposed Modern NPA Act, 2026 to provide a legal framework for establishing the National Petroleum Reserve Buffer.
Under his proposed arrangement, the Energy Minister-led committee would make strategic decisions, BOST would operate and safeguard the reserve, NPA would regulate it, and Parliament would provide oversight.
Mr Duah says the system would give Ghana a structured mechanism for responding to international oil-price shocks rather than allowing every external increase to be transmitted immediately to local consumers.
His proposal is based on the view that while Ghana cannot control international conflicts or disruptions to major oil supply routes, it can strengthen its domestic capacity to absorb their economic effects.
As Mr Duah puts it: “Ghana cannot stop missiles in Hormuz, but Ghana can stop the full missile hitting the Ghanaian consumer.”
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