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Gov t lost GHS4 7bn in taxes to illegal petroleum sector activities – Bawumia

Vice-President Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System by the National Petroleum Authority (NPA) in Accra. The fuel monitoring system, which allows fuel in OMC tanks across the country to be monitored by NPA, will curb illicit activities in petroleum downstreaming, such as unauthorised third-party deliveries, fake receipts, smuggling, among others.  Under this system, any OMC that receives illegal fuel would be found out.  Launching the programme in Accra on Wednesday, 7 April 2021, Dr Bawumia commended the NPA for leveraging the government’s digitisation drive to create an innovative solution to a major problem in the petroleum industry. 

Veep Bawumia launches NPA s Digital Retail Outlet Fuel Monitoring System | Comprehensive Ghana Oil and Gas news, information, updates, analysis

SOURCE: Graphic Online | Editor CATEGORY: The Vice President, Dr Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System developed by the National Petroleum Authority (NPA) in Accra. The Fuel Monitoring System, which allows fuel in Oil Marketing Company (OMC) tanks across the country to be monitored by the NPA, will curb illicit activities such as unauthorised third-party deliveries, fake receipts and smuggling in the petroleum downstream sector. Under this system, any OMC that receives illegal fuel would be found out. The Retail Fuel Monitoring System, with a command centre at the NPA’s head office, will be able to monitor in real-time online, every fuel sales data from pumps, get station tank fuel levels data and fillings, handle overall wet-stock management and handle complete fuel management.

Bawumia Launches NPA s Digital Retail Outlet Fuel Monitoring System – Ghana Visions

She bemoaned the disturbing phenomena where people had to “cut unthinkable corners” to make ends meet in the current Ghanaian economy. “Everywhere bribe! Even if you don’t want to, it’s what you have to in a lot of cases. Mabr3,” she stated. Forson’s frankness generated loads of reactions. @iam kusi in his reaction narrated his painful ordeal with the GRA. This problem erh, I went to GRA to register my company for VAT. The new company these guys were demanding 3500 for a newly registered company about to start operations. Meanwhile, Vat registrations are supposed to be free.

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