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Day: June 24, 2026

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Tariff hikes alone won’t fix power sector inefficiencies

Tariff hikes alone won’t fix power sector inefficiencies

By Kizito CUDJOE The latest utility tariff increase has renewed debate over sustainability of pricing reforms in the power sector, with energy policy experts arguing that repeated adjustments are failing to address deep-seated inefficiencies in the system. The Public Utilities Regulatory Commission (PURC) has approved a 3.49 percent increase in electricity tariffs and a 0.85...

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Dangote Refinery insists exported fuel are not returning to Nigeria through Lomé

Dangote Refinery insists exported fuel are not returning to Nigeria through Lomé

Dangote Petroleum Refinery has refuted claims that petroleum products exported from its facility are being re-imported into Nigeria through the offshore ship-to-ship trading hub in Lomé, Togo. The refinery disclosed this on Tuesday, June 23, through a statement issued by its management, describing the allegation as a “web of falsehoods” and insisting that the claim...

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Energy Levy generates GH¢8.81bn in 2025 — Gov’t reveals

Energy Levy generates GH¢8.81bn in 2025 — Gov’t reveals

The government says the Energy Sector Shortfall and Debt Repayment Levy, which introduced a charge of GH₵1-per-litre on selected petroleum products, generated GH¢8.81 billion in 2025 into the Energy Sector Support Account. The government added that additional resources amounting to GH¢1.26 billion were deployed beyond the proceeds from the levy, bringing the total funds available...

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ACEP Trains Second Cohort of Journalists to Strengthen Fiscal Accountability Reporting

ACEP Trains Second Cohort of Journalists to Strengthen Fiscal Accountability Reporting

The Africa Centre for Energy Policy (ACEP) has convened the second cohort of its Media Fellowship for Fiscal Accountability Programme, aimed at equipping journalists with the skills needed to promote transparency and accountability in public financial management. The fellowship comes at a time when Ghana’s fiscal governance landscape is increasingly influenced by publicly available data,...

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UAE ‘Eyes’ Ghana’s Ambitious Petroleum Hub project

UAE ‘Eyes’ Ghana’s Ambitious Petroleum Hub project

Industrialisation, value addition, employment generation, and economic transformation while enhancing Ghana’s position as a gateway for energy trade and investment in West Africa. Commitment to Continued Engagement The meeting concluded with both sides reaffirming their commitment to continued dialogue and closer engagement in support of Ghana’s long-term development objectives and regional energy ambitions. The PHDC...

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TOR MD, Audit Team Attend Global Internal Audit Conference in Singapore

TOR MD, Audit Team Attend Global Internal Audit Conference in Singapore

The Managing Director of the Tema Oil Refinery (TOR), Mr. Edmond Kombat, together with members of the refinery’s audit team, is participating in the Institute of Internal Auditors (IIA) conference in Singapore to strengthen internal audit practices and governance systems at the refinery. Internal audit remains a critical component of TOR’s operations, supporting effective risk...