The Vice President, Dr. Mahamudu Bawumia has launched an progressive Digital Retail Gas Checking Procedure by the National Petroleum Authority (NPA) in Accra.
The Fuel Monitoring System, which will allow gasoline in OMC tanks across the nation to be monitored by NPA, will curb illicit activities in petroleum downstreaming, these kinds of as unauthorised 3rd occasion deliveries, faux receipts, smuggling, amongst other people. Under this technique, any OMC that receives unlawful gas would be observed out.
Launching the programme in Accra on Wednesday April 7, Vice President Bawumia counseled the NPA for leveraging on government’s digitization push to generate an progressive resolution to a major issue in the petroleum sector.
“I am specially delighted that the NPA is leveraging on technologies to enhance effectiveness and effectiveness in the distribution of petroleum products in the Petroleum Downstream Sector,” Vice President Bawumia stated.
Dr. Bawumia unveiled staggering losses in petroleum profits to authorities thanks to illegal pursuits in petroleum distribution, introducing that the initiative by the NPA will close the malady of income loss and significantly improve government revenue.
“It is believed that between 2015-2019, govt dropped ¢4.7 billion in tax earnings as a end result of unlawful actions in the petroleum sector,” Dr Bawumia uncovered.
“Actions, conclusions and policies of folks and company bodies which outcome in petroleum products distribution leakages and the related profits losses to the Point out have major destructive results on the developmental agenda of the government.”
Dr. Bawumia underscored the importance of the innovation to the total growth agenda of government, highlighting the great importance of petroleum revenue.
“Taxes and levies on petroleum goods are main resources of income for the govt in pursuing its developmental agenda,” the Vice President claimed.
“Actions, conclusions and guidelines of individuals and corporate bodies which consequence in petroleum solution distribution leakages and the linked earnings losses to the Point out have serious adverse results on the developmental agenda of the government.”
“With this most recent initiative of the Retail Outlet Gas Monitoring Technique, we search ahead to blocking earnings leakages and bettering revenue mobilization that would contribute to Government’s efforts to supplying social services and funding for infrastructural advancement.”
The Minister for Electrical power, Dr. Mathew Opoku Prempeh, urged stakeholders in the petroleum field to show patriotism and be part of hands with the NPA to support control unlawful things to do in the fascination of the condition.
He also urged all to embrace innovation in buy to make Ghana a greater position for all.
Also present at the ceremony ended up the Minister for Fisheries and Aquaculture, Mavis Hawa Koomson as effectively as the rapid previous Main Executive Officer of the NPA, Hassan Suleiman Tampuli.
The Retail Gasoline Monitoring Procedure, with a command centre at the NPA’s head business, will be equipped to keep an eye on in true time on the web, each gasoline revenue details from pums, get station tank fuel levels data and fillings, handle general wet-inventory management and manage full gas administration.
The process will also be able to deal with all fuel similar info, between other things in actual time.
