• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Tuesday, 24 June, 2025
  • Login
Top Radio 103.1 FM
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
Top Radio 103.1 FM
No Result
View All Result
Home Business

No gold-for-oil cargo for OMCs with less than 45 outlets: NPA

Philip Akonor by Philip Akonor
February 23, 2023
in Business
A A
0
No gold-for-oil cargo for OMCs with less than 45 outlets: NPA
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Oil marketing company with less than 45 outlets will not be given any gold-for-oil consignment,

The CEO of the National Petroleum Authority (NPA) has announced.

Dr Mustapha Abdul-Hamid told journalists at the meet-the-press event on Wednesday, 22 February 2022 that the criteria for distributing the cargo was agreed in consultation with the Association of Oil Marketing Companies (AOMCs).

He explained that the decision is to ensure that consumers benefit from the programme across the country. 

Dr Abdul-Hamid reported that Ghana has, so far, taken delivery of three cargoes of oil through the programme.

They include 41,000 metric tonnes (MT) of diesel in January, 40,000 MT of diesel and 35,000 MT of petrol.

He said “better results are expected as more gold-for-oil cargoes arrive.”

Prior to the gold-for-oil programme, Dr Abdul-Hamid said the average monthly petroleum product import bill ranged from $350 million to $400 million.

He said the petroleum downstream dollar demand accounted for 20 per cent of national demand.

He said: “Inadequacy of BoG supply pushes BIDECs to speculate forex rates arbitrarily based on proposed rates from commercial banks”.

Related Posts

Uber, Bolt, other ride-hailing vehicle owners to pay Value Income Tax from January 1

Uber, Bolt, other ride-hailing vehicle owners to pay Value Income Tax from January 1

December 21, 2023
27
Inflation for August 2023 drops to 40.1%

Inflation for August 2023 drops to 40.1%

September 13, 2023
6
Source: classfmonline
Previous Post

‘Cul de sac’ economic management orientation leading us nowhere – Alan Kyerematen

Next Post

Anti-LGBTQ Bill to get life in March

Related Posts

Uber, Bolt, other ride-hailing vehicle owners to pay Value Income Tax from January 1
Business

Uber, Bolt, other ride-hailing vehicle owners to pay Value Income Tax from January 1

December 21, 2023
27
Inflation for August 2023 drops to 40.1%
Business

Inflation for August 2023 drops to 40.1%

September 13, 2023
6
IMF bailout: Ghana on track to receive 2nd tranche in December – Ofori-Atta
Business

IMF bailout: Ghana on track to receive 2nd tranche in December – Ofori-Atta

September 5, 2023
6
We only financed government in 2020 and 2022 with ¢10bn, ¢37.9bn – BoG
Business

We only financed government in 2020 and 2022 with ¢10bn, ¢37.9bn – BoG

August 17, 2023
3
IPPs are being engaged to restructure accrued outstanding balances – Finance Minister
Business

Ghana’s fiscal risk moderating as expenditure takes a nosedive – Report

August 8, 2023
5
Cedi’s outlook to be stable this week
Business

Cedi’s outlook to be stable this week

July 18, 2023
4
Next Post
Anti-LGBTQ Bill to get life in March

Anti-LGBTQ Bill to get life in March

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget AFCON Afghanistan akufo addo Amazon Apiate explosion apple AT&T Ato Forson Black Stars covid COVID-19 COVID 19 E-Levy facebook GFA Ghana Police Service Google Government GRA health Intel iphone LGBTQ Mahama Majority Microsoft Minority momo NDC NPP Nvidia OMICRON Parliament police Russia security Taliban tech Tesla US UTAG vaccine vaccines Xinjiang

Recent Posts

  • Don’t Force Ghanaian Musicians To Do Highlife – Maya Blu Tells Ghana Music Critics
  • Black Star Experience Begins In July
  • Amaarae: Ghana’s Global Star To Release Third Album Titled “Black Star”
  • Beeztrap KOTM Announces The Release Of New Album Titled “Power”
  • Church Of Pentecost Commission 35 Bed AI Powered Hospital In Bolgatanga (Photos)

Recent Comments

No comments to show.

RECENT NEWS

  • Don’t Force Ghanaian Musicians To Do Highlife – Maya Blu Tells Ghana Music Critics June 23, 2025
  • Black Star Experience Begins In July June 23, 2025
  • Amaarae: Ghana’s Global Star To Release Third Album Titled “Black Star” June 21, 2025
  • Beeztrap KOTM Announces The Release Of New Album Titled “Power” June 21, 2025

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

Church Of Pentecost Commission 35 Bed AI Powered Hospital In Bolgatanga (Photos)
Health

Church Of Pentecost Commission 35 Bed AI Powered Hospital In Bolgatanga (Photos)

5 days ago
5
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2025 Top Media Group - Powered by BackUP Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2025 Top Media Group - Powered by BackUP Data Systems

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