Tamale, September 2, 2026 — President John Dramani Mahama has dissolved the Boards of nine state institutions with immediate effect as part of measures to pave the way for the reconstitution of their governing structures.
The affected institutions include Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, Road Maintenance Trust Fund, TDC Ghana Limited, Ghana National Petroleum Corporation (GNPC), and the National Sports Authority.
According to a statement issued by the Presidency Communications on Wednesday, September 2, 2026, the relevant sector Ministers have been directed to take all necessary steps, in accordance with the applicable laws and governing instruments, to give effect to the dissolution.
The Presidency indicated that the affected Boards will, however, be reconstituted in due course.
The move comes as the Mahama administration continues to reorganise the governance structures of various state-owned institutions and agencies.
The dissolution affects institutions operating across key sectors of the economy, including petroleum, energy, mining, banking, postal services, road infrastructure, housing and urban development, and sports.
The statement was signed by Felix Kwakye Ofosu, Minister for Government Communications and Spokesperson to the President.
The Presidency has not, in the statement, provided specific reasons for the dissolution of each of the Boards.
Source: Presidency Communications
