Mahama dissolves boards of BOST, GNPC, VALCO, CBG and six others
President John Dramani Mahama has dissolved the boards of nine state institutions with immediate effect.
The affected institutions include the Ghana National Petroleum Corporation (GNPC), Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), and Consolidated Bank Ghana Limited (CBG).
Others are Prestea Sankofa Gold Limited, Ghana Post Company Limited, the Road Maintenance Trust Fund, TDC Ghana Limited, and the National Sports Authority.
A statement signed by the Spokesperson to the President and Minister for Government Communications, Felix Kwakye Ofosu, said relevant sector ministers had been directed to take all necessary steps, in accordance with applicable laws and governing instruments, to give effect to the dissolution.
The statement said the affected boards would be reconstituted in due course.
The dissolution forms part of the President’s ongoing efforts to restructure the governance of key state institutions and ensure effective oversight of their operations.
The relevant sector ministries are expected to facilitate the transition until new boards are constituted.
