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OMCs Owe Gov’t GHC 400 Million In Debt



According to Dr. Mustapha Abdul-Hamid, the CEO of the National Petroleum Authority (NPA), the country’s Oil Marketing Companies (OMCs) owe the government more than GHC 400 million.

He emphasized that the fact that “the OMCs don’t want to pay taxes” was regrettable and that the debts were in the form of taxes.

Dr. Abdul-Hamid made this statement at the opening of the newly renovated conference room with a capacity for 60 people at the Bono Regional Coordinating Council (RCC) in Sunyani, which was paid for by the NPA using the Authority’s Corporate Social Responsibility fund.

Despite God’s blessings, he claimed, many Ghanaians’ poor attitudes continue to be the country’s biggest obstacle to socioeconomic development.

In light of this, Dr. Abdul-Hamid said, “We all have to contribute as little as we can because individual commitment is essential towards the holistic development of the nation. A change of attitude is necessary if we are to construct our nation.

To that effect, he compared Ghana to other developed nations and claimed that doing so would be disrespectful to “God and our predecessors if Ghanaians continue to speak poorly of a country that delivers all levels of education to our people partially free.”

“So, let’s all try and change our attitudes and rededicate ourselves to the development of our country because everybody, including the clergy, chiefs and queens, politicians and academia, has our share of running the country down,” he attested.

Moreover, the Bono Regional Minister, Madam Justina Owusu-Banahene, thanked the NPA’s management, board, and the entire staff for restoring the conference hall, which she added had been allowed to decay.

“The renovation of the conference hall is a testament to the good work of the NPA and for that matter Dr. Abdul-Hamid,”  she pointed out, stressing that the facility had now been improved in order to facilitate effective work.


Stay tuned for more interesting news updates.

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