• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, December 17, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Premix Fuel Secretariat Demands Accountability for 2017–2024 Funds

Prince Agyapongby Prince Agyapong
December 17, 2025
Reading Time: 4 mins read
Premix Fuel Secretariat

Premix Fuel Secretariat

The National Premix Fuel Secretariat has renewed its call for a comprehensive accounting of premix fuel funds managed between 2017 and 2024, as it seeks to rebuild confidence in a system designed to support Ghana’s fishing communities.

The appeal comes amid fresh evidence that transparent management of premix proceeds is already delivering tangible benefits under the current framework.

Administrator of the National Premix Fuel Secretariat, Ebow Mensah, emphasized that premix fuel are a state subsidy governed by Legislative Instrument 2233, which clearly spells out how the margins from premix sales should be distributed.

RelatedPosts

TotalEnergies CEO Expects Oil Prices Rebound in 2026

Pressure Mounts on Lands Minister to Resign over Ewoyaa Lithium Brouhaha

Cybele Energy to Begin Exploration Phase After Securing Oil Block in Guyana

“These are not discretionary funds.

“They belong to the community, and communities have the right to know how much accrued to them and what it was used for.”

Ebow Mensah, Administrator of the National Premix Fuel Secretariat
Ebow Mensah, Administrator of the National Premix Fuel Secretariat
Ebow Mensah, Administrator of the National Premix Fuel Secretariat

Under L.I. 2233, more than half of the margins from premix fuel sales are allocated directly to fishing communities for development purposes. Mr Mensah said this legal framework makes accountability not just a moral obligation, but a statutory requirement.

According to data cited by the Secretariat, landing beach committees in New Takoradi, within the Takoradi Metropolis, raised GHS59,000 for community development projects.

ADVERTISEMENT

In Abuesi, located in the Shama District, premix-related activities generated GHS102,000, also earmarked for local development.

Officials say these outcomes contrast sharply with years of uncertainty and disputes that have plagued the premix system, particularly during periods when records were incomplete or inaccessible.

The Secretariat believes the recent figures demonstrate what is possible when premix funds are managed transparently and in accordance with established regulations.

Disputes Linked to Poor Records

premix fishermen

Mr Mensah noted that the absence of proper accounting for premix funds between 2017 and 2024 has contributed to tensions and disagreements at several landing beaches across the country.

In many cases, fisherfolk have questioned whether projects attributed to premix funds were genuinely financed from their community’s share.

According to him, the uncertainty has undermined trust in the system and weakened cooperation at the local level.

“The lack of proper accounting for the 2017–2024 period has fuelled disputes at several landing beaches,” he said, adding that many communities remain unsure about how much money actually accrued to them during that time.

The Secretariat believes that resolving historical gaps in accountability is essential to restoring confidence among fisherfolk and local stakeholders. Mr Mensah warned that efforts to strengthen the premix system going forward will be undermined if past concerns are ignored.

“You cannot build trust by ignoring the past.

“If people do not understand what happened to earlier funds, it becomes difficult to convince them that the system is now working in their interest.”

Ebow Mensah, Administrator of the National Premix Fuel Secretariat

He argued that transparency about previous fund management, even where records are incomplete, would go a long way toward easing tensions and reinforcing confidence in the current reforms.

Collaboration with Local Authorities

To address these challenges, the National Premix Fuel Secretariat says it will work closely with metropolitan and municipal chief executives, who are mandated by law to oversee landing beach committees.

The goal, according to Mr Mensah, is to retrieve, review and present past premix fund records to communities wherever possible.

“Fortunately, chief fishermen are relatively stable in their positions.

“We intend to empower them to insist on accountability and ensure that premix funds serve the purpose for which they were created.”

Ebow Mensah, Administrator of the National Premix Fuel Secretariat

The ongoing accountability engagements, which have so far covered only three communities, are part of a pilot initiative to test a broader framework.

The Secretariat says lessons from these early engagements will inform a nationwide rollout aimed at standardizing transparency and reporting across all landing beaches.

Mr Mensah explained that the process is designed not only to clarify past transactions but also to establish systems that prevent future lapses.

As the review process unfolds, the Secretariat maintains that transparent handling of premix funds remains central to supporting fishing communities and preserving the integrity of a subsidy meant to sustain livelihoods along Ghana’s coast.

READ ALSO: President Mahama Deploys Army Engineers to Rebuild Post-Hurricane Jamaica

Tags: fishing communities Ghanalanding beach committeesNational Premix Fuel Secretariatpremix fuel Ghanapremix fund accountability
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Fintech Innovators and Service Providers Celebrated at MobileMoney LTD Stakeholder Dinner and Awards

Next Post

GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness

Related Posts

TotalEnergies CEO Patrick Pouyanné
Extractives/Energy

TotalEnergies CEO Expects Oil Prices Rebound in 2026

December 17, 2025
Hon. Vincent Ekow Assafuah
Extractives/Energy

Pressure Mounts on Lands Minister to Resign over Ewoyaa Lithium Brouhaha

December 17, 2025
Cybele Energy and its CEO, Beatrice Mensah Tayui,
Extractives/Energy

Cybele Energy to Begin Exploration Phase After Securing Oil Block in Guyana

December 17, 2025
Gold Statement 2025 Award
Extractives/Energy

 Minerals Commission Grabs Gold Statement 2025 Award

December 17, 2025
Lands Minister, Hon. Emmanuel Armah-Kofi Buah
Extractives/Energy

 Lands Minister Beefs Up Vision for Lithium Exploration

December 17, 2025
Jubilee oil field
Extractives/Energy

Renewed Vibrancy in Ghana’s Upstream Sector Revives Investor Confidence

December 17, 2025
Rev. John Ntim Fordjour, Member of Parliament for Assin South and Ranking Member of Parliament’s Defence and Interior Committee
General News

Minority Slams Joint ‘Show of Force’ as Misplaced Priority

by Silas Kafui AssemDecember 17, 2025
UBA Shakes Up Executive Board as Four Top Directors Exit in Major 2026 Transition
Banking

UBA Shakes Up Executive Board as Four Top Directors Exit in Major 2026 Transition

by M.CDecember 17, 2025
Justice Gabriel Pwamang Scott
General News

Ghana’s Galamsey Fight Receives Major Boost as Judiciary Establishes Dedicated Courts for Prosecutions

by Evans Junior OwuDecember 17, 2025
Mexico's President, Claudia Sheinbaum.
Around the Globe

Sheinbaum Urges UN To Prevent Bloodshed In Venezuela

by Comfort AmpomaaDecember 17, 2025
GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness
Vaultz Business

GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness

by M.CDecember 17, 2025
Premix Fuel Secretariat
Extractives/Energy

Premix Fuel Secretariat Demands Accountability for 2017–2024 Funds

by Prince AgyapongDecember 17, 2025
Rev. John Ntim Fordjour, Member of Parliament for Assin South and Ranking Member of Parliament’s Defence and Interior Committee
UBA Shakes Up Executive Board as Four Top Directors Exit in Major 2026 Transition
Justice Gabriel Pwamang Scott
Mexico's President, Claudia Sheinbaum.
GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness
Premix Fuel Secretariat

Recent News

Rev. John Ntim Fordjour, Member of Parliament for Assin South and Ranking Member of Parliament’s Defence and Interior Committee

Minority Slams Joint ‘Show of Force’ as Misplaced Priority

December 17, 2025
UBA Shakes Up Executive Board as Four Top Directors Exit in Major 2026 Transition

UBA Shakes Up Executive Board as Four Top Directors Exit in Major 2026 Transition

December 17, 2025
Justice Gabriel Pwamang Scott

Ghana’s Galamsey Fight Receives Major Boost as Judiciary Establishes Dedicated Courts for Prosecutions

December 17, 2025
Mexico's President, Claudia Sheinbaum.

Sheinbaum Urges UN To Prevent Bloodshed In Venezuela

December 17, 2025
GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness

GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness

December 17, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address