• About NowNewsgh.com
  • Absa determined to take the lead in sustainable Banking in Africa
  • Advertise with Us
  • All News
    • Absa determined to take the lead in sustainable Banking in Africa
  • Our Terms and Conditions
  • Privacy Policy
  • Youth unemployment can be solved by Academia and industry collaboration– Economist
Sunday, January 29, 2023
Now News Ghana
Advertisement
  • Business News
  • World
  • Tech
  • Sports
  • Sustainability
No Result
View All Result
  • Business News
  • World
  • Tech
  • Sports
  • Sustainability
No Result
View All Result
Now News Ghana
No Result
View All Result
Home Business News

30 OMCs licenses revoked for non-compliance

30 OMCs licenses revoked for non-compliance

January 13, 2023
in Business News
0
30 OMCs licenses revoked for non-compliance

The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for breaching the regulations of the industry.

Some of the OMCs are said to owe the government over ¢400 million cedis in the form of unpaid taxes by the end 0f 2022.

READ ALSO

Ghana Gas saves $3m monthly by replacing Chinese engineers-Dr Ben Asante 

Bank of Ghana Takes Firm Control of Currency Market.

A list of the companies published by the NPA said the licenses of the “OMCs have been revoked for non-compliance with the rules and regulations of the authority on acquisition and maintenance of their licenses”.

The NPA cautioned that it will bear no liability for any loss or damage that may be suffered by any person who chooses to engage with the affected OMCs in whatever capacity.

“The General Public is hereby warned that engaging with the affected OMCs is at their own risk”, it added.

The NPA in September 2022 went after the directors and shareholders of some 45 Oil Marketing Companies (OMC) over debts running into more than ₵400 million.

These were margins and other levies that have been collected by the OMCs since 2021, but have failed to pay the monies to the NPA.

Source:NPA

Source: NPA
Via: nownewsgh
ShareTweetShare

Related Posts

Ghana Gas saves $3m monthly by replacing Chinese engineers-Dr Ben Asante 
Business News

Ghana Gas saves $3m monthly by replacing Chinese engineers-Dr Ben Asante 

January 13, 2023
Bank of Ghana Takes Firm Control of Currency Market.
Business News

Bank of Ghana Takes Firm Control of Currency Market.

January 6, 2023
Young people must have a seat at the table – Rosy Fynn
Business News

Young people must have a seat at the table – Rosy Fynn

January 1, 2023
There are only ‘book engineers’ in Ghana – Constance Swaniker
Business News

There are only ‘book engineers’ in Ghana – Constance Swaniker

January 1, 2023
NPA Releases Petroleum Price indicators effective December 19 2022
Business News

NPA Releases Petroleum Price indicators effective December 19 2022

December 21, 2022
BOST Denies Diesel Leakage in the Eastern Region
Business News

BOST Denies Diesel Leakage in the Eastern Region

December 18, 2022
Next Post
Ghana Gas saves $3m monthly by replacing Chinese engineers-Dr Ben Asante 

Ghana Gas saves $3m monthly by replacing Chinese engineers-Dr Ben Asante 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

50% of all women in relationships have a back-up partner in mind just in case – Study finds

50% of all women in relationships have a back-up partner in mind just in case – Study finds

June 7, 2020
Ghanaians blast Archbishop Duncan Williams for holding a demonic sword – Screenshots

Ghanaians blast Archbishop Duncan Williams for holding a demonic sword – Screenshots

May 28, 2020
Burundi President Pierre Nkurunziza dies of ‘cardiac arrest’ at 55

Burundi President Pierre Nkurunziza dies of ‘cardiac arrest’ at 55

June 9, 2020
Special police operation uncovers 3 headless bodies at fetish priest’s backyard

Special police operation uncovers 3 headless bodies at fetish priest’s backyard

May 1, 2020
7 trending pre-wedding photoshoot inspiration for 2020 couples

7 trending pre-wedding photoshoot inspiration for 2020 couples

July 23, 2020

EDITOR'S PICK

Go and get yourself a job – Delay blasts fan who wants to be her boytoy

Go and get yourself a job – Delay blasts fan who wants to be her boytoy

July 14, 2020
Celebs still celebrated the Met Gala, just virtually

Celebs still celebrated the Met Gala, just virtually

May 6, 2020
Breaking: Another big exit hits Multimedia – What’s going on?

Breaking: Another big exit hits Multimedia – What’s going on?

June 29, 2020

FDA warns public about unapproved nose masks flooding markets

April 24, 2020

About

The NowNews Media is an online independent commercial company in Ghana.
The dream started in the late 80s, when the Founder established a small pirate FM radio in the Swanlake area in North Kaneshie , popularly called ISSAFM on 88.9FM with scraps and parts of discarded radio and Tv systems, as a radio and Tv repairer.

Follow us

Categories

  • AgriBusiness
  • Banking and Finance
  • Business News
  • Entertainments
  • Florian Gray-Business PR
  • Global Health
  • Health tit-bits
  • mining
  • National News
  • Newspaper Headlines
  • Opinion
  • Sports
  • Sustainability
  • Tech
  • World

Recent Posts

  • Ghana Gas saves $3m monthly by replacing Chinese engineers-Dr Ben Asante 
  • 30 OMCs licenses revoked for non-compliance
  • Alan Kyerematen resigns as Trade Minister
  • Bank of Ghana Takes Firm Control of Currency Market.
  • About NowNewsgh.com
  • Absa determined to take the lead in sustainable Banking in Africa
  • Advertise with Us
  • All News
  • Our Terms and Conditions
  • Privacy Policy
  • Youth unemployment can be solved by Academia and industry collaboration– Economist

© 2020 Now News Ghana - All Rights Reserved

No Result
View All Result
  • Home
  • Business News
  • World
  • Sports
  • Tech
  • Sustainability
  • Ghana Book

© 2020 Now News Ghana - All Rights Reserved