Home / Ghana Politics / Mustapha Hamid Appointed As C.E.O Of National Petroleum Authority

Mustapha Hamid Appointed As C.E.O Of National Petroleum Authority

President Akufo-Addo has appointed Dr Mustapha Abdul-Hamid as the chief executive officer of the National Petroleum Authority (NPA), one of the most sought-after positions in government.

The NPA oversees all operations in the multibillion-dollar downstream petroleum sector.

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The appointment takes effect from 1 July 2021. The news was communicated in a letter dated 17 June.

Dr Hamid, 50, previously served in the first-term government of President Akufo-Addo as the minister of information and subsequently as the minister for inner-city and zongo development.

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He also served as the deputy national campaign manager for President Akufo-Addo’s successful second-term bid in 2020 and was in charge of campaign communications.

The NPA currently boasts of over 5,000 service providers and, according to 2020 estimates, an annual sales value of GHC22.23 billion (US$3.92 billion), which is roughly 6% of Ghana’s GDP.

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The industry works closely with international suppliers such as BP, Glencore, Vitol and Trafigura to supply approximately 80% of the petroleum products currently consumed in the country.

Dr Hamid will champion the mission of the NPA, which is to regulate, oversee and monitor the downstream petroleum industry in Ghana “for efficiency, growth and stakeholder satisfaction” and to ensure that its vision, which is to be a “catalyst for economic transformation and growth in Ghana”, is achieved.

Source: Ghanaarticles.com

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