President John Dramani Mahama has directed the dissolution of the boards of nine state institutions.
The institutions are Prestea Sankofa Gold Ltd, Bulk Oil Storage and Transportation Company Ltd, Volta Aluminium Company Limited, Consolidated Bank Ghana Ltd and Ghana Post Company Ltd.
The rest are Road Maintenance Trust Fund, TDC Ghana Limited, Ghana National Petroleum Corporation and National Sports Authority (NSA).
The decision takes immediate effect, according to a statement issued by the Minister of Government Communications, Felix Kwakye Ofosu.
“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 of these Boards.”
The statement further assured that the affected boards will be reconstituted “in due course”.