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Nii Lante Bannerman, Chairman of Premix Fuel Secretariat

Premix Fuel Secretariat makes GH¢7 M profit


THE NATIONAL Premix Fuel Secretariat (NPFS), under the Ministry of Fisheries and Aquaculture Development, has realised an amount of GH¢7, 000,000.00 from 19 landing beaches across the country for the first time in its history.

This was after the secretariat, for the first time, enforced the provisions in its LI 2233 Clause 27 (2), which states that “each landing beach committee shall open a bank account for the fishing community into which 53% of the proceeds of margins from the sale of Premix fuel shall be paid.”

But the Landing Beaches Committee (LBCs), “which hitherto could not account for any amount in their accounts, presently have been able to accumulate funds in their accounts for development projects in their communities.”

This was captured in the National Premix Committee 2018 report prepared by the National Premix Fuel Committee in collaboration with the National Premix Fuel Secretariat, which said “The NPFS can proudly confirm that nationwide, there is over Seven Million Ghana Cedis (7,000,000.00) accumulated across various LBC accounts in a little over a year nationwide.”

As a result, however, some LBCs have submitted proposals for the construction of ICT centres, libraries, fish markets, modern public toilets, and hostel facilities among other projects.

Restructuring NPFS

According to the report, as part of the efforts to restructure and enhance its corporate governance system, the NPFS has recognised the need to restructure its operations for improved efficiency.

“In the year 2018, the NPFS developed Conditions of Service among other things to regulate the behaviour of staff, standardize disciplinary procedures, sanctions and reward systems to improve the professional behaviour of staff for effective and efficient performance. A new organogram to fit the present operations of NPFS was designed and staff roles realigned to fit organizational structure.

“A new organizational logo was designed and approved by the NPFC.   Subsequently, a workshop was organised for all staff where members were taken through training on work ethics and optimal performance,” the report captured.

Below are examples of LBCs across the country with accumulated funds as at August 31, 2018 for reference.


TEMA 308,700.74
GA MASHIE 106,480.00
CHORKOR 108,240.00
ADA EAST 145,200.00
ADA WEST 147,840.00
KEEA 293,920.00
CAPE COAST 140,800.00
AAK 83,600.00
MFANSTIMAN 223,520.00
NZEMA EAST 183,920.00
ELLEMBELLE 25,520.00
JOMORO 325,600.00
AHANTA WEST 233,200.00
SHAMA 212,080.00
SEKONDI 275,440.00
ANLO/KETA 180,400.00
KETU SOUTH 159,280.00
LAKE REGION 2,068,880.00


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