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    COCOBOD Settles Gh¢2.3 Billion, Completes 2026 DDEP Bond Obligations

    COCOBOD Settles Gh¢2.3 Billion, Completes 2026 DDEP Bond Obligations

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    GAIP, AgroT Hub Sensitive Farmers in Pru West, Atebubu-Amantin on Agricultural Insurance

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    Oil and Gas Co-operative Credit Union records significant financial growth in 2025

    Oil and Gas Co-operative Credit Union records significant financial growth in 2025

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    Ada tomato farmers call for probe into dying seedlings 

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    Zanetor calls for united government effort to tackle illegal mining in Ghana

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    Peasant Farmers Demand Emergency Support Over Unsold Rice Produce

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    Youth cautioned against mixing food, drinks with illicit drugs

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    Women with disabilities nurture trees to combat deforestation in Ahafo

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    FAO Chief calls for greater investment and innovation to unlock horticulture’s potential

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    Fidelity Bank advocates stronger systems to unlock Ghana’s trade potential 

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    Ghana’s Cashew Industry Faces Processing Gap as Côte d’Ivoire Moves to Capture More Value

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    Women Spearhead the Conversation in shaping the Future of Food Systems in South African Youth Chapter Webinar

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    International Youth Day: WFF Ghana, Parliamentary Select Committee Take Actionable Steps to Strengthen Youth Inclusion in Food Systems Policy

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    GMA water projects to improve learning outcomes in beneficiary schools

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    COCOBOD supports four institutions to cultivate cocoa on their campuses 

    COCOBOD supports four institutions to cultivate cocoa on their campuses 

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    Showbuoy Foundation donates fingerlings, feed and medication to Twifo Hemang SHTS

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    I’m Sure Cocoa Farmers Will Be Happy With Ghana Cocoa Board Act – Mahama

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    Africa Food Systems Forum: Dumelo Calls for Borderless Africa to Boost Agricultural Trade

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Home Aquaculture

Fisheries Ministry clears GH¢174 million in premix fuel debt

by Agriwatch
July 24, 2026
in Aquaculture
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Fisheries Ministry clears GH¢174 million in premix fuel debt
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The Ministry of Fisheries and Aquaculture has paid more than GH¢174 million to premix fuel suppliers to clear legacy under-recovery debts.

The payments are intended to restore supplier confidence, improve the stability of premix fuel distribution and support reforms in the fisheries sector.

Speaking at the Ministry’s Mid-Year Media Engagement in Accra, Madam Emelia Arthur, the Minister for Fisheries and Aquaculture, said GH¢174,310,704.45 had been paid from total accruals of GH¢255,858,803.45, covering 2025 and January to May 2026.

She said GH¢156,911,773.18 was paid in 2025, clearing all outstanding obligations for that year, while GH¢17,398,931.27 was paid for January to May 2026, leaving an outstanding balance of GH¢81,548,099.00.

The Minister said the Government supplied 22.41 million litres of premix fuel to beneficiary fishing communities nationwide between January and June 2026.

“This represents an increase of more than 58 per cent compared with the same period in 2025 and more than 20 per cent above the corresponding period in 2024. This improvement reflects our determination to ensure that fishing communities have a more predictable and reliable supply of premix fuel,” she said.

Madam Arthur said the Ministry had strengthened oversight of Community Development Funds generated from premix fuel sales following concerns over their management.

She said audits and reconciliations covering about GH¢4.98 million had been completed in 42 of the country’s 60 fisheries districts by June, representing 70 per cent national coverage.

The exercise, the Minister said, identified delayed deposits, poor bookkeeping, unauthorised expenditure and other financial management weaknesses.

The Ministry had since organised bookkeeping and financial management training for Landing Beach Committees and other fisheries stakeholders.

“Technology is also playing an increasingly important role in our reforms. We are digitising Ghana’s premix fuel distribution system to improve transparency and reduce opportunities for manipulation,” she added.

Madam Arthur said 138 of the planned 157 automation sites had been completed and equipped, with 74 operational, including 24 commissioned during the first half of the year.

She said the National Premix Fuel Secretariat’s Premix Tracker and Dashboard had improved monitoring, accountability and decision-making across the supply chain.

 

 

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