Mahama dissolves governing boards of nine Ghanaian state institutions

President John Dramani Mahama has dissolved the governing boards of nine Ghanaian state institutions with immediate effect, removing the leadership structures of organizations ranging from the petroleum sector to sports.

The affected institutions include the Ghana National Petroleum Corporation, Bulk Oil Storage and Transportation Company, Consolidated Bank Ghana, Prestea Sankofa Gold, Volta Aluminium Company, Ghana Post, the Road Maintenance Trust Fund, TDC Ghana and the National Sports Authority.

A statement signed by presidential spokesperson and Minister for Government Communications Felix Kwakye Ofosu announced the dissolution. It instructed the relevant sector ministers to take the steps required under the institutions’ laws and governing instruments. The statement said new boards would be constituted in due course.

The announcement did not give a reason for the dismissals. Daily Graphic reported that the move appeared to form part of a broader effort to restructure state institutions and improve governance. The outgoing boards included figures such as former Power Minister Joe Oteng-Adjei at GNPC, University of Ghana Business School professor Saint Kuttu at BOST and Ernest Mawuli Agbesi at Consolidated Bank Ghana.

A separate letter signed by presidential secretary Callistus Mahama set limits for the interim period. Management of the institutions cannot make major policy, financial or contractual decisions that require board approval without prior authorization from the appropriate authority.

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shall not take any major policy, financial or contractual decisions requiring board approval without prior authorisation from the appropriate authority.