President John Dramani Mahama has dissolved the governing boards of nine state-owned institutions with immediate effect.
The decision, announced by the Presidency Communications on Wednesday, September 2, 2026, affects key institutions across the energy, mining, finance, transport, housing and sports sectors.
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)
- National Sports Authority
According to the statement, the relevant sector ministers have been directed to take all necessary steps, in accordance with applicable laws and governing instruments, to give effect to the dissolution.
The Presidency said the affected boards will be reconstituted in due course.
The announcement was signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications.
Source: Ghana/otecfmghana.com/Doreen Tandoh
