
Audio By Carbonatix
The Executive Secretary of the Importers and Exporters Association of Ghana (IEAG), Samson Asaki Awingobit, has called on President John Dramani Mahama to immediately terminate the remaining contract between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Limited (SML).
Speaking at a press conference in Accra, Mr. Awingobit expressed concern that despite a presidential directive in April 2024 suspending SML’s upstream petroleum and mineral resources contract—following serious concerns raised in The Fourth Estate’s investigative reports and a subsequent KPMG audit—SML continues to receive payments of over GH¢1.43 million monthly under the downstream petroleum contract.
According to him, at a time when the government is working to eliminate financial waste and stabilise the economy, these payments represent a significant drain on national resources.
He argued that the funds being paid to SML could instead be used to build schools, hospitals, and roads, or to ease the cost of doing business in the country.
Mr. Awingobit urged all stakeholders to join forces and pressure the government to terminate the remaining contract with SML.
Read also:
Latest Stories
-
Kwahu Business Forum 2026: Corporate citizenship, sustaining African businesses take centre stage with KGL as the case study
41 minutes -
Trump seeks $152m to reopen notorious Alcatraz prison
3 hours -
Ex-Chelsea player Oscar retires with heart issue
3 hours -
CA Foundation drives constitutional literacy in Kpone Katamanso municipality
3 hours -
GPRTU to hold talks with Transport Ministry over rising fuel costs
3 hours -
CUTS International urges gov’t to halt sachet water price hike pending cost review
3 hours -
Chief Justice: Efficient Judiciary essential to reducing business costs
3 hours -
Bayern grabs 99th-minute winner to cap superb fightback
3 hours -
Ahmed Ibrahim urges Ghanaians to reflect Easter values in nation-building
3 hours -
ECG inefficiencies undermining power supply -Mahama outlines reforms
3 hours -
Lewandowski scores as Barca fight back to defeat Atletico
3 hours -
Lack of private sector consultation undermining economic growth – Jerry Ahmed Shaib
3 hours -
Real Madrid seven points adrift after Muriqi’s late Mallorca winner
3 hours -
Ghana must lead AfCFTA implementation by example – Trade Minister Ofosu-Adjare
4 hours -
Strong Judiciary key to business confidence – Chief Justice Baffoe-Bonnie
4 hours