The Energy Minister, has therefore confirmed that the current administration would discontinue the Gold-for-Oil programme and replace it with a better system.
Gold for Oil
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Economy and FinanceFeaturesMining & EnergyNewsPoliticsReal EstateTravel
‘Gold4Oil’ policy may be reintroduced as cedi weakens – BoG
by Adnan Adamsby Adnan AdamsBeginning of January to April, as at last week, the cedi has experienced a continuous blip depreciation, resulting in a year-to-date depreciation of approximately 9.37%.
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNewsPolitics
‘Gold for Oil’ deal suffers critical scrutiny…gov’t told to take a second look at it
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The ‘Gold for Oil’ policy has faced critical scrutiny by stakeholders challenging the government’s white wash claims that the policy as implemented has been a success. …
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNews
Gold-for-oil deal: stakeholders call for improve transparency
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed A key player in the extractive industry has called for the immediate publication of the policy document regarding the gold-for-oil policy to ensure transparency of the …
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Economy and FinanceLifestyleMining & EnergyNews
NPA and AOMCs agree on criteria to share G4O consignment
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The National Petroleum Authority (NPA) in consultation with the Association of Oil Marketing Companies (AOMCs) has devised an effective method to share arriving consignments of refined …
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Economy and FinanceLifestyleMining & EnergyNews
NPA ordered to be effective in monitoring of OMCs pricing under G4O
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The ministry of energy has bemoaned loose regulatory monitoring of Oil Marketing Companies (OMCs) which has benefited under the Gold for Oil (G4O)first consignment. A …
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Economy and FinanceNews
GHEITI cast shadows over G4O… makes recommendations in new report
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Ghana’s version of Extractive Industry Transparency Initiative (GHEITI) has cast shadow for the government’s newest ‘game changer’ policy, Gold for Oil (G4O). In …
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Agric and EnvironmentEconomy and FinanceMining & EnergyNewsTechnology
Gold for Oil policy suffers criticism…described as “zero-sum-game’
by Adnan Adamsby Adnan AdamsBut the former National Petroleum Authority boss has described the deal as a ‘zero sum game’.
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Economy and FinanceMining & EnergyNewsPolitics
Gold for Oil: first delivery in second week of January
by Adnan Adamsby Adnan AdamsPrecisely, between 10th and 12th of January, the first consignment of the finished product is going to arrive in this country coming from the United Arab Emirates. All the necessary …
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Economy and FinanceNews
Gov’t to increase gold reserves to be used for imports
by Adnan Adamsby Adnan AdamsThe barter of sustainably mined gold for oil is one of the most important economic policy changes in Ghana since independence.