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Fisheries minister vows to recover unaccounted 53% premix fuel profits

She has expressed readiness to track down and retrieve the 53 percent of premix fuel profit allocated for developing fishing communities – emphasising that the money ought to be used for its intended purposes.

The National Premix Fuel Committee (NPFC) Regulations, 2016 (L. I. 2233) instructs the Landing Beach Committee (LBC) to undertake developmental projects within the community using profits from the sale of premix fuel – of which 53 percent is allocated for community development.

“When premix is sold and there is a profit, 47 percent goes to the Landing Beach Committee but the remaining 53 percent is for community development. We will ensure that MPs and DCs account for the 53 percent. In the same vein, all those who sold premix eight years ago and have not accounted for it… we will go after them,” she said.

She bemoaned the attitude of some executives of the Landing Beach Committee who consistently sell premix at exorbitant prices and also to persons who are not in the fishing business.

The minister made this known during Norway’s Minister of International Development Asmund Grøver Aukrust’s visit to the Tema Canoe Landing Site to interact with fishermen on benefits of Norway’s support under the Fish for Development Programme.

Meanwhile, she also emphasised that all current MPs and DCEs must ensure that they put in the right measures to utilise the 53 percent profit appropriately, as they will equally account for all the profits they make from every sale.

For his part, Mr. Aukrust mentioned that the fishery sector and ocean bring the two countries together, highlighting the essence of collectively protecting and preserving the blue economy and emphasising that it remains the most important resource for Norwegians.

While acknowledging the fishing sector’s contributions to job creation and building societies, he lamented human activities that threaten the ocean – urging fishermen to preserve it for future generations.

“But there is also quite a serious situation because the ocean is threatened. It’s threatened by pollution, climate change and overfishing. So, to secure that the fishery will be a renewable resource which lasts for coming generations, we need to protect the ocean, he said.

The minister also reiterated there will be no closed season for artisanal fishermen and added that when the economy stabilises, they will continue to provide fishermen and fishmongers with appropriate inputs.

The Food and Agriculture Organisation (FAO) Representative to Ghana ad Interim, Priya Gujadhur, emphasised FAO’s commitment to supporting the country in areas of nutrition and food security.

She underscored the need for more investments and interventions in fisheries development, nutrition programmes and sustainable aquaculture to create lasting impact, strengthen food systems, improve livelihoods and advance national and regional development goals.

Mr. Aukrust and the delegation from Norway paid another visit to Miniplast at Spintex, an investee of Norfund, to understand Norway’s contribution to strengthening businesses that create jobs and reduce poverty in developing countries.

 

Source: thebftonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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