President John Dramani Mahama has ordered the immediate dissolution of the governing boards of nine (9) state-owned enterprises and public institutions.
The directive takes effect immediately and affects key entities across strategic sectors, including energy, banking, infrastructure, and sports.
The affected institutions are the Ghana National Petroleum Corporation (GNPC), BOST Energies, Consolidated Bank Ghana Limited (CBG), Volta Aluminium Company Limited (VALCO), Prestea Sankofa Gold Limited, Ghana Post Company Limited, TDC Ghana Limited, Road Maintenance Trust Fund and the National Sports Authority.
According to an official statement signed by the Spokesperson to the President and Minister of State for Government Communications, Felix Kwakye Ofosu (MP), relevant sector ministers have been instructed to take all necessary measures, in line with applicable laws and governing instruments, to implement the dissolution.
The statement further assured that the affected boards will be reconstituted “in due course.”
