EOCO releases a statement to indicate that Dennis Miracles Aboagye is under investigation over an alleged 55millionghc financial irregularities.
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PRESS RELEASE
April 14, 2026
IMANI Africa, COPEC Ghana, INSTEPR and IES Propose GHC1.65 relief for Ghanaians from Petroleum products
At its last cabinet meeting, the President, H.E Mahama directed the Ministry of Energy and Ministry of Finance to review the petroleum price build up in order to recommend possible reduction of taxes, margins and levies to provide temporary relief for Ghanaians during these difficult and uncertain times.
While some of us in the Civil Society space believe that the relief should be substantial given the level of tolerated waste across the downstream petroleum ecosystem, it must nevertheless lead to a sudden corrosive effect on operations and sustainability of the petroleum subsector.
After extensive consultation we recommend that the Minister of Finance and Minister of Energy consider the following reduction margins in the price build up:
We propose a cumulative reduction of GHC1.65 from the current petroleum price build up which should last for a period of TWO months instead of the FOUR weeks proposed by the government. We can then review the interventions again as they relate to the global world order.
This recommendation should not over burden the country’s fiscal space as we are also minded by the fact government will be getting a significant windfall from the country’s upstream crude production and exports within this given period.
Further, it is also our collecive position that the ministries of finance and energy should consider a much more comprehensive solution to the country’s perennial fuel price escalations by seeing to the following;
See Table Attached
1. A more comprehensive rationalisation of all existing taxes, levies and margins with the aim to permanently removing all that are a drag on individual and national resources.
2. Create a Strategic Reserve Fund by revisiting some of the levies proposed for review above (whose revenues could be utilised at all times in the purchase and storage of real time fuel that can be used to positively intervene in the domestic market when the unforeseen happens.
3. Modernisation and retooling of the country’s refinery space by committing to make adequate investment’s in the country’s major oil refinery (TOR) such that, TOR together with the other refineries will be in a much better position to refine the country’s crude liftings. This was a promise made by the President at his last engagement with the CSOs.
Signed
IMANI Africa
COPEC Ghana
INSTEPR
IES
@MrsMahama@MBawumia@JDMahama@Mansowee@benkoku@citinewsroomgh@JoyNewsOnTV@gbcnews_@radiogold905fm@starr1035fm@peacefmonline@utvghana@GTV_Ghana
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PUBLIC NOTICE
The Office of the Special Prosecutor (OSP) has not disclosed or revealed any information or details in respect of the bank accounts of Cecilia Abena Dapaah, which are under a frozen order issued by the Special Prosecutor.
The OSP urges the public to disregard media accounts on purported bank balances reported to have been disclosed by the OSP.
PUBLIC NOTICE
The Office of the Special Prosecutor (OSP) has not disclosed or revealed any information or details in respect of the bank accounts of Cecilia Abena Dapaah, which are under a frozen order issued by the Special Prosecutor.
The OSP urges the public to disregard media accounts on purported bank balances reported to have been disclosed by the OSP.
Government plans to review existing contracts with oil firms. Meanwhile Tullow has announced a 370 million dollar development drilling campaign to explore oil reserves. Parliamentary correspondent @Classmanparker brings me up to speed. #JoyNews@Joy997FM@JoyNewsOnTV