Audio By Carbonatix
The inability of large vessels to sail on the Volta Lake to offload oil barges and other goods at the Bulk Oil Storage and Transport/Tema Oil Refinery, (BOST/TOR) depots at Buipe has resulted in a dip in the revenue target of the Tamale Collection Point of the Customs, Excise and Preventive Service (CEPS).
The CEPS gets about 98 per cent of its total revenue from the operations of oil companies in the area.
However, following the extensive dry season, resulting in the drying up of the lake, vessels that were supposed to dock at Buipe to of load oil barges could not do so, thereby affecting the targeted revenue for this year.
Out of the GH¢6.1 million (¢61 billion) earmarked for collection, it could only realise GH¢2.9 million (¢29 billion) as of October this year.
The Sector Commander, Assistant Commissioner Ernest Frimpong-Nuamah, who disclosed this at a press soiree in Tamale, however, stated that the situation was gradually improving as the rains had set in.
The soiree was aimed, among other objectives, at highlighting issues affecting the smooth operations of CEPS, as well as educating the public on its operations.
According to Mr Frimpong-Nuamah, the level of revenue could increase, since the rains had set in, but explained that it was difficult to meet the revenue targets by the close of the year.
The commander observed that the influx of vehicles with foreign registration numbers in the Tamale metropolis was a major source of worry to his outfit, stressing that the situation had worsened because of the introduction of the "temporary importation regime" that allowed citizens of ECOWAS countries to move their personal effects, including vehicles, across the borders of member countries.
He urged the public to volunteer information on people who abused such privileges.
Source: Daily Graphic
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
It’s very tough to be a musician in Ghana; everything is a loss – Camidoh
1 minute -
Ghana has technical capacity, but capital remains key constraint in mining sector – Dr Boateng
3 minutes -
Don’t accept financial terms blindly – Amma Gyampo advises consumers
7 minutes -
Senegal president appoints economist as prime minister after political rift
12 minutes -
Ghanaian participation in extractive sector must increase – Expert
49 minutes -
Government must make industrialisation a condition in mining contracts — Ayi-Owoo
53 minutes -
Inside Audit Report: Check the alleged inflated contracts in 2023 African Games
54 minutes -
J.Derobie reunites with Gold Up Music on new dancehall release ‘Start Over’
56 minutes -
Mawuli School PTA donates desks, water tanks to improve academic environment
1 hour -
Hybrid funding approach key to strengthening local mining participation — Mineral economist
1 hour -
Rotary Club donates classroom furniture to PRESEC Legon, partners with OSP to inspire students on integrity
1 hour -
Ghana should focus on maximising mining revenues, not nationalisation – UMaT lecturer
1 hour -
Pushing for 100% state ownership of mining is risky – Dr. Sarkodie warns
1 hour -
‘Super El Niño’ threat puts Africa at critical climate crossroads – Report
1 hour -
Pilot distraction from phone calls contributed to Tema aircraft crash that killed 2 brothers – Report
1 hour