President John Dramani Mahama has dissolved the boards of nine state institutions with immediate effect, the Presidency announced on Wednesday, September 2, 2026.
According to a statement issued by the Presidency Communications office and signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications, the affected institutions are 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, the Road Maintenance Trust Fund, TDC Ghana Limited, Ghana National Petroleum Corporation (GNPC), and the National Sports Authority.
The statement directed relevant sector ministers to take all necessary steps, in line with applicable laws and governing instruments, to implement the dissolution of these boards without delay.
It further noted that the affected boards will be reconstituted in due course. No reasons were provided in the official communication for the mass dissolution.
The move marks a significant administrative action early in the administration’s tenure, affecting key entities in the mining, energy, banking, transport, and sports sectors. Further details on the reconstitution process are expected in the coming weeks.
