• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, January 21, 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

Energy Expert Laments Foreign Participation In Fuel Transportation

M.Cby M.C
September 28, 2023
Reading Time: 3 mins read
Energy expert, Dr Yussif Sulemana.

Energy expert, Dr Yussif Sulemana.

Energy expert, Dr Yussif Sulemana, has expressed concern over the influx of Chinese tanker drivers in the fuel distribution system in the country.

According to him, there’s some form of “coercion” within the downstream and in spite of the fact that the country needs foreign investment, it should not be to the detriment of the local players. He explained that the downstream sector which controls close to 7% to 8% of the country’s GDP cannot be treated lightly.

“I’ve heard of the development, and I think it’s something that is worrying, and the high time the regulator takes steps to regularize it the better. I’m saying that because if you look at our downstream, it has developed so much, so that the credit will go to NPA and all the key players that are involved – Petroleum Service Providers, consumers and all alike…”

Dr Yussif Sulemana

Commenting on AOMC’s calls on NPA to come clean on foreign participation in fuel transportation, Dr Sulemana stated that there are already laws involved which must be effected. He lamented that local content laws have not been integrated to the extent that there are loopholes that it impacts as people can infiltrate and take advantage.

RelatedPosts

Ghana-IMF Ties Must Evolve Beyond Bailouts – Vice President

Ghana Secures China’s $30 million Grant for Damongo University

Amewu Backs Kennedy Agyapong’s Flagbearership Bid

“So, going forward, I believe the NPA’s capability to do the needful, and the needful thing is that even if the tankers are already there in place, I think NPA has the ultimate say. They have to do impartial investigation, but the ultimate thing is that our local businesses shouldn’t be impacted. It is beautiful to have it if it’s in the area of refinery – I always call for that.”

Dr Yussif Sulemana

Protecting the interest of local tanker drivers

Furthermore, Dr Sulemana underscored that in the area of petroleum transportation, it should be protected for the local players. This, he indicated, is because they’re not doing bad.

“If there were lapses that we want foreigners to fill, that’s a different thing altogether. But I think this is an area that the players that are there currently are doing phenomenally well and I don’t think there’s the need to dilute their participation at this point in time.”

Dr Yussif Sulemana

Elaborating on whether the NPA has failed in its supervisory role to ensure that the space reserved for indigenes as stipulated in the local content law has been left unguarded, Dr Sulemana revealed that it is not entirely the case.

He stated that if the influx of chinese national in fuel transportation business were “already existing then I’ll put the blame on NPA”. However, he indicated that this is just a recent information and NPA has also indicated that it’s going to investigate it thoroughly.

ADVERTISEMENT

“So, at the end of the investigation, that’s when we can say whether the regulatory body is not doing its job or otherwise. But until then, I believe they will do the needful… What I foresee is that if we don’t see NPA is fighting for them or trying to protect them, they’ll have a way of [reacting] and one way is to threaten strike. I can tell you if they should threaten strike, it’s not going to be good for the downstream.”

Dr Yussif Sulemana

Meanwhile, Dr Sulemana emphasized the need for NPA to speedily address the issue. He noted that the area of fuel transportation must be secured to ensure that local players are protected.

“They have to resolve it as soon as possible, as soon as practicable and time is of essence here… We just keep our fingers crossed and hoping something quick will be done… So, NPA, I call on them to ensure that this is investigated as soon as possible so that we don’t see other repercussions before even the ultimate repercussion happens.”

Dr Yussif Sulemana

READ ALSO: Exploitation Of Africa’s Natural Resources Must Meet Expectations Of Citizens- Deputy Lands Minister

Tags: Foreign InvestmentGhana NewsNPAPetroleum downstream sectorTanker drivers
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Absa Bank Outlines Blueprint for Surviving In Turbulent Times

Next Post

Akuapem Poloo Bares It All

Related Posts

Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa
General News

Ghana-IMF Ties Must Evolve Beyond Bailouts – Vice President

January 20, 2026
Ghana's Minister for Finance Dr Cassiel Ato Forso and Chinese Ambassador to Ghana, H E Tong Defa
General News

Ghana Secures China’s $30 million Grant for Damongo University

January 20, 2026
Former Hohoe Member of Parliament, John Peter Amewu
General News

Amewu Backs Kennedy Agyapong’s Flagbearership Bid

January 20, 2026
Ghana’s President HE John Dramani Mahama
General News

Mahama to Host Africa Sovereignty Forum at Davos

January 19, 2026
Ridge Hospital
General News

Health Ministry Probes “Medical Kalabule” at Ridge Ridge Hospital

January 19, 2026
Kennedy Ohene Agyapong
General News

Kennedy Agyapong on Course to Win NPP Primaries – Survey

January 19, 2026
Minerals Commission with Tanzania Delegation
Extractives/Energy

Minerals Commission Engages Tanzanian Delegation on Regulatory Governance

by Bless Banir YarayeJanuary 20, 2026
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives
Vaultz Business

GIPC Maps Out Central Region Investment Opportunities

by Silas Kafui AssemJanuary 20, 2026
Asia

Israel Targets Two UN Facilities In Latest Crackdown

by Comfort AmpomaaJanuary 20, 2026
Africa

Health of Jailed Ugandan Opposition Figure Besigye Deteriorates

by Comfort AmpomaaJanuary 20, 2026
Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa
General News

Ghana-IMF Ties Must Evolve Beyond Bailouts – Vice President

by Evans Junior OwuJanuary 20, 2026
Mr. Osei Owusu Agyeman, Project Coordinator for the West Africa Food System Resilience Programme, Ghana
Agribusiness

FSRP Secures Ghana’s Tomato Supply Through Strategic Partnerships

by Silas Kafui AssemJanuary 20, 2026
Minerals Commission with Tanzania Delegation
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives
Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa
Mr. Osei Owusu Agyeman, Project Coordinator for the West Africa Food System Resilience Programme, Ghana

Recent News

Minerals Commission with Tanzania Delegation

Minerals Commission Engages Tanzanian Delegation on Regulatory Governance

January 20, 2026
Kwame Kesse-Agyepong, GIPC Deputy Director, at Akwaaba Feeds in Bawjiase, with Representatives

GIPC Maps Out Central Region Investment Opportunities

January 20, 2026
download 34

Israel Targets Two UN Facilities In Latest Crackdown

January 20, 2026
download 33 1

Health of Jailed Ugandan Opposition Figure Besigye Deteriorates

January 20, 2026
Ghana's Vice President Professor Jane Naana Opoku Agyemang a meeting with Heads of International Monetary Fund country and regional offices in Africa

Ghana-IMF Ties Must Evolve Beyond Bailouts – Vice President

January 20, 2026
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