Audio By Carbonatix
The National Petroleum Authority (NPA) has suspended oil marketing company, Union Oil Ghana Limited for tax evasion.
Agapet Limited, Excel Oil Company Limited, Misyl Energy Company Limited and Globex Energy Company Limited have also been handed the ban which will last for a period of one month.
The rest are Petro Afrique, Life Petroleum and Unique Company Limited, who have also been suspended for three months.
The NPA said in a statement copied to Joy Business that these companies were involved in activities that led to the loss of tax revenue to the Government of Ghana.
The companies per the suspensions, are to “desist from engaging in the sale, supply, transportation, discharge and receipt of petroleum products for the duration of their suspension,” the statement said.
Below is a copy of the full statement:
Latest Stories
-
Police take over Gomoa Nyanyano after two factions clash in chieftaincy dispute
3 minutes -
Alavanyo Paramount Queen backs Asantehene in opposition to inclusion of Queenmothers in Houses of Chiefs
34 minutes -
OSP’s preventive actions saved Ghana millions – Sammy Darko
1 hour -
Galamsey cuts off cocoa farms in Mfantseman, farmers suffer heavy losses
2 hours -
Ghanaian delegation set for January 20, 2026 trip to Latvia in Nana Agyei case – Ablakwa
3 hours -
Accra turns white as Dîner en Blanc delivers night of elegance and culture
5 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
7 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
7 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
8 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
8 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
8 hours -
Cruise ship hits reef on first trip since leaving passenger on island
9 hours -
UK restricts DR Congo visas over migrant return policy
9 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
9 hours -
Two dead in 50-vehicle pile up on Japan highway
9 hours