President John Dramani Mahama has directed the immediate dissolution of the boards of nine state institutions and state-owned companies.
The affected institutions are Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, Road Maintenance Trust Fund, TDC Ghana Limited, Ghana National Petroleum Corporation (GNPC), and the National Sports Authority.
The directive was in a press statement issued on September 2, 2026, and signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications.
“Relevant sector Ministers have been directed to take all necessary steps, in accordance with the applicable laws and governing instruments, to give effect to the dissolution of these Boards,” the statement said.
It added that the affected boards will be reconstituted in due course.
