The Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) have accused the National Petroleum Authority (NPA) and the government of putting lives at risk for bureaucratic convenience, alleging that funds from the LPG Fund are being improperly diverted to the Ghana Cylinder Manufacturing Company (GCMC).
In a strongly worded statement, the two bodies described the alleged move as a “blatant deviation” from the fund’s original purpose, calling it “a flagrant breach of statutory mandate, a dangerous sabotage of national energy policy, and an unacceptable betrayal of public trust.”
COMAC and CBOD warned that the diversion of funds threatens private investment, puts jobs at risk, and could drive both domestic and foreign capital out of the country.
“Every diverted cedi erodes competitiveness, freezes critical investment, and transfers wealth from productive enterprise to governmental discretion,” they said.
“Ghanaians’ confidence in state institutions—earned over decades—is being weaponized to justify institutional pilferage.”
The bodies are demanding that the government immediately halt all disbursements from the LPG Fund to GCMC and reverse any allocations already made.
They are also calling for public assurances that the fund will be used solely for bottling plants, CRM rollout, and the withdrawal of unsafe cylinders.
In addition, they want quarterly public reporting on all fund usage, with independent audits to guarantee transparency.
“We will not permit this fund to become a discretionary slush account. We will not remain passive while statutory protections are shredded. We will not accept anything less than full accountability, decisive leadership, and restoration of fund integrity,” the statement added.
COMAC and CBOD further warned that they will pursue every legitimate avenue—policy, legal, and public—to defend the proper use of the LPG Fund.
The accusations come amid growing scrutiny of Ghana’s energy sector and the management of funds intended to support safe and affordable cooking gas for households across the country.
The LPG Fund established under Legislative Instruments LI 2262 (as amended) and LI 2481, and implemented by the National Petroleum Authority (NPA) on April 1, 2024, was created with three explicit, legally binding objectives.
First, it provides a US$44 per metric ton bottling plant margin to finance the construction and operation of LPG bottling plants across the country.
Second, it allocates a US$36 per metric ton cylinder investment margin to fund the rollout of the Cylinder Recirculation Model (CRM), aimed at ensuring safe and efficient LPG distribution.
COMAC and CBOD stressed that these objectives are non-negotiable, emphasizing that “the fund was never intended as discretionary capital for ad hoc allocations.”
