Tag: 24-Hour Economy Authority

  • Goosie Tanoh Rules Out Bid for NDC National Chairmanship

    Goosie Tanoh Rules Out Bid for NDC National Chairmanship

    Hon. Augustus “Goosie” Obuadum Tanoh has dismissed reports linking him to a possible bid for the National Chairmanship of the governing National Democratic Congress (NDC), describing calls for him to contest as inconsistent with his intentions.

    In a statement issued by a group calling itself the Concerned Supporters of Hon. Augustus “Goosie” Obuadum Tanoh, the supporters said a campaign circulating in the media and across social media platforms does not have Mr. Tanoh’s backing.

     

    “Our attention has been drawn to a statement circulating in the media and on social media purporting to represent a coalition of NDC grassroots members calling on Hon. Augustus “Goosie” Obuadum Tanoh to contest for the position of National Chairman of the National Democratic Congress (NDC).”

    The statement urged party members and the public to disregard the reports, alleging that the campaign is being driven by persons with undisclosed motives.

    “We wish to state, in the strongest possible terms, that this call does not reflect the position, aspirations, or intentions of Hon. Goosie Tanoh. We believe this campaign is being orchestrated by interests known to us for reasons best known to them. We therefore urge party members and the general public to treat such publications with the caution they deserve.”

    According to the supporters, Mr. Tanoh has no interest in contesting for the party’s highest executive position and remains focused on his responsibilities as head of the 24-Hour Economy Authority.

    “For the avoidance of doubt, Hon. Augustus “Goosie” Obuadum Tanoh has no intention whatsoever of contesting for the National Chairmanship of the NDC. His current focus is on the enormous responsibility entrusted to him in ensuring the successful implementation of the Government’s 24-Hour Economy agenda through the 24-Hour Economy Authority. This national assignment requires his full attention, commitment, and expertise.”

    They maintained that his priority is the successful implementation of the government’s flagship 24-Hour Economy programme, which is expected to drive employment, boost productivity and accelerate industrialisation.

    “At this crucial stage of Ghana’s economic transformation, Hon. Goosie Tanoh remains fully dedicated to delivering on the mandate of the Authority to create sustainable jobs, promote productivity, stimulate industrial growth, and contribute meaningfully to national development. His priority is to ensure that the vision of the 24-Hour Economy becomes a practical reality for the benefit of all Ghanaians.”

    The statement also appealed to the Minister for Finance, Dr. Cassiel Ato Forson, to facilitate the release of funds allocated to the Authority, arguing that the resources are needed to support its operations.

    “We also wish to take this opportunity to respectfully appeal to the Minister for Finance, Hon. Dr. Cassiel Ato Forson, to facilitate the release of the budgetary allocation of GH¢1.4 million earmarked for the operational activities of the 24-Hour Economy Authority. The timely release of these funds will enable the Authority to function effectively and efficiently in executing this important national mandate.”

    The supporters further called on members of the NDC to concentrate on promoting party cohesion and supporting the government’s development agenda rather than speculating about individuals who have not declared any intention to seek party office.

    “Finally, we call on all members of the National Democratic Congress to remain focused on strengthening the unity of the party and supporting the government’s development agenda rather than engaging in unnecessary speculation about individuals who have neither declared nor expressed any interest in party positions.”

    Reaffirming Mr. Tanoh’s commitment to his current role, the statement concluded:

    “Hon. Goosie Tanoh remains committed to serving Ghana and the NDC with dedication, integrity, and loyalty in the role currently assigned to him.”

    The statement was signed by IBM Phoyon on behalf of the Concerned Supporters of Hon. Augustus “Goosie” Obuadum Tanoh.

  • NPA takes lead as Energy Ministry sets April 15 deadline for 24-hour economy roadmap

    NPA takes lead as Energy Ministry sets April 15 deadline for 24-hour economy roadmap

    By Humu Shaibu

    The Ministry for Energy and Green Transition has ramped up the implementation of the government’s 24-hour economy policy, directing all its subsidiary agencies to submit comprehensive operational roadmaps by April 15, 2026.

    The directive is aimed at transforming the energy sector into a round-the-clock operation to drive economic growth and bridge the unemployment gap.

    Speaking at a media engagement following the signing of a Memorandum of Understanding (MoU) between the National Petroleum Authority (NPA) and the 24-Hour Economy Authority, Deputy Minister Richard Gyan-Mensah confirmed that formal letters have been dispatched to all relevant heads of agencies.

    “The Minister has directed all agencies to submit their roadmap because we strongly support the 24-hour economy and its implementation,” Gyan-Mensah stated. “We deem it fit that all agencies, not just the NPA, come out with a plan to deliver not just economic transformation, but significant job creation.”

    Petroleum sector leading the charge

    The National Petroleum Authority (NPA) is expected to be a primary driver of this initiative. Under the new MoU, the downstream petroleum sector will expand its continuous operations, ensuring that fuel supply, distribution, and administrative oversight remain active 24/7.

    According to the Ministry, several key entities including the Tema Oil Refinery (TOR) and the Bulk Oil Storage and Transportation Company (BOST) are already well advanced in their internal preparations to transition to the new model.

    Economic impact and job growth

    The Deputy Minister noted that moving to a 24-hour cycle in the energy sector would create a “multiplier effect” on the economy. By operating through the night, the sector is expected to create thousands of direct jobs for shift workers, security personnel, and logistics experts, while also supporting indirect jobs in the transport and manufacturing industries that rely on a constant energy supply.

    “Most of [the agencies] are actually far advanced with their processes. We want to have these plans officially submitted to us by the middle of next month so we can enforce implementation and identify any gaps,” Gyan-Mensah added.

    The April 15 deadline will allow the Ministry to assess the readiness of the various agencies and provide the necessary regulatory support to ensure the transition is seamless and sustainable. Industry experts believe that if successful, the petroleum sector’s move to a 24-hour model could serve as a blueprint for other critical sectors of the Ghanaian economy.