Stephen Ntim takes over as new board chairman of NPA
The petroleum downstream sector in Ghana encompasses all activities involved in the importation and refining of crude oil as well as the sale, marketing, and distribution of refined petroleum products in the country.
The national chairman of the governing New Patriotic Party, Stephen Ayesu Ntim has been appointed as the board chairman of the National Petroleum Authority (NPA).
He takes over from the previous chairman, Joe Addo-Yobo, who stepped down due to health reasons and having difficulties meeting the demands of his office.
The Energy Minister, Matthew Opoku Prempeh, swearing in Mr. Stephen Ayesu Ntim, charged the new chairman to focus on key priorities; strengthening regulatory frameworks, enhancing operational efficiencies, and ensuring that the NPA operates with the highest standards of integrity and accountability.
“Today, 21st May, 2024, I swore into office, newly appointed Board Chairman of the Board of Directors of the National Petroleum Authority (NPA), Mr. Stephen Ayesu Ntim
I charged the new chairman of the downstream regulator to focus on key priorities; strengthening regulatory frameworks, enhancing operational efficiencies, and ensuring that the NPA operates with the highest standards of integrity and accountability.
National Chairman of my beloved New Patriotic Party, Mr. Ntim is not new to leadership and therefore, I have no doubt that he has what it takes to steer the NPA to achieve its objectives for the benefit of all Ghanaians.” The minister said
On his part, Mr. Ntim expressed his unflinching readiness to lead the Authority to achieve its objectives.
The National Petroleum Authority was established by an Act of Parliament (NPA Act 2005, ACT 691) to regulate the petroleum downstream industry in Ghana. As a Regulator, the Authority ensures that the industry remains efficient, profitable, fair, and at the same time, ensures that consumers receive value for money.
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