• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, September 16, 2026
  • 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
in Extractives/Energy

Premix Fuel Secretariat Demands Accountability for 2017–2024 Funds

Prince Agyapongby Prince Agyapong
December 17, 2025
Reading Time: 4 mins read
Add as Preferred on Google
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.

“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

ADVERTISEMENT

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.

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.

ADVERTISEMENT

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.

ADVERTISEMENT

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

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: fishing communities Ghanalanding beach committeesNational Premix Fuel Secretariatpremix fuel Ghanapremix fund accountability
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

Ing. Kenneth Ashigbey, the Chief Executive Officer of the Ghana Chamber of Mines.
Extractives/Energy

Mining Companies Urged to Participate in Regional Cyanide Code Compliance Workshop

September 15, 2026
The Ghana Gold Board (GoldBod) with Organised Crime Office (EOCO)
Extractives/Energy

GoldBod, EOCO Partnership to End Illicit Gold Flows

September 15, 2026
Photo from engagement
Extractives/Energy

Ghana, France Deepen Energy Cooperation Talks

September 15, 2026
Gas factory
Extractives/Energy

Mozambique LNG Revival Offers Ghana A Gas Lesson

September 15, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

The Capitol is illuminated as the Senate works into the night to finish votes on amendments on the big debt ceiling and budget cuts package, at the Capitol in Washington, Thursday evening, June 1, 2023.

House Takes Third Vote To End Iran War

September 16, 2026
Carlos Espí

Super Sub Espi Saves Real Madrid’s Blushes Against Elche

September 15, 2026
Coronation Insurance Elevates Bridget Puorideme to Key Leadership Role

Coronation Insurance Elevates Bridget Puorideme to Key Leadership Role

September 15, 2026
Chairperson of the CPCR Steering Committee, Professor Akosua Keseboa Darkwah

Ghana’s Constitutional Amendments: CSOs Oppose Five-Year Term, 15 Other Government Positions

September 15, 2026
GH¢4.13bn Bond Trading Surge Puts Market Back

GH¢4.13bn Bond Trading Surge Puts Market Back

September 15, 2026
ADVERTISEMENT
Next Post
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

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.