News
NPA assures public of adequate fuel supply amid global market concerns
The National Petroleum Authority (NPA) has assured the public that Ghana has enough fuel stocks and that the country’s petroleum supply remains stable despite concerns about developments in the global energy market.
In a press release issued on Wednesday, March 11, 2026, the Authority said it had taken note of recent reports and public discussions about the possible impact of global energy market changes on fuel supply and prices in the country.
According to the NPA, a comprehensive review of national petroleum stock levels and supply arrangements conducted with the Ministry of Energy and Green Transition and other industry stakeholders shows that Ghana has adequate fuel reserves.
It stated that sufficient quantities of Petrol (PMS), Diesel (AGO), Aviation Turbine Kerosene (ATK), and Liquefied Petroleum Gas (LPG) are currently available to meet both current and projected national demand.
The Authority explained that the government, through the Ministry and the NPA, continues to implement measures to ensure supply reliability and maintain stability in the fuel market.
It said these measures include constant monitoring of national stock levels and close coordination with international oil trading companies, Bulk Import, Distribution and Export Companies, BOST Energies, and local refineries to ensure timely imports and steady product supply across the country.
The NPA added that it is also strengthening its strategic supply planning and price monitoring systems to prevent possible supply disruptions or price volatility that may arise from global petroleum market developments.
The Authority therefore urged the public not to panic or engage in panic buying, assuring that the country’s petroleum supply chain is functioning normally and that fuel stocks are sufficient nationwide.
It reaffirmed its commitment to ensuring reliable fuel supply, transparent market operations, and the protection of consumers while keeping the public informed about any major developments.
By: Jacob Aggrey
President John Dramani Mahama has visited the Akosombo Dam to assess the impact of a fire incident at a substation operated by the Ghana Grid Company.
The fire is reported to have caused the loss of more than 1,000 megawatts from the national power grid, affecting electricity supply in parts of the country.
During the visit, he inspected ongoing restoration works and received briefings from engineers on efforts to restore power. He commended them for what he described as a swift and professional response to the situation.
According to him, the government remains committed to restoring stable electricity supply as quickly as possible.
He added that steps are also being taken to strengthen the resilience of Ghana’s energy infrastructure to prevent similar incidents in the future.
The Ghana Grid Company has not yet provided a detailed timeline for full restoration, but work is ongoing to bring affected systems back on stream.
By: Jacob Aggrey
Ghana’s Finance Minister, Cassiel Ato Forson, says he and his deputy have publicly filed their annual tax returns to demonstrate leadership and encourage compliance among citizens.
In a facebook post, he explained that the move was meant to show that public officials must lead by example when it comes to fulfilling civic duties.
“Leadership must be demonstrated, not declared,” he said.
He commended Ghanaian taxpayers for their continued contribution to national development, noting that tax compliance plays a key role in sustaining government activities.
According to him, paying taxes is both a legal and moral responsibility. He stressed that all citizens, including public officials, professionals, and businesses, are equal before the law and must meet their tax obligations.
He added that tax revenue is essential for funding key sectors such as education, healthcare, infrastructure, and security.
The minister praised the Ghana Revenue Authority for its work, especially during the ongoing Tax and Good Governance Month in April. He said the initiative helps to educate the public and promote voluntary compliance.
He urged the authority to intensify public education and continue reforms aimed at simplifying tax processes, reducing compliance costs, and improving transparency.
He further encouraged individuals and businesses that are yet to file their returns to do so promptly, adding that support systems and digital platforms are available to assist them.
He said building a strong tax culture would strengthen the country’s economy, improve accountability, and promote fairness in society.
By: Jacob Aggrey
