By Sarah Baafi
The Government of Ghana has settled GH¢115.9 million in outstanding premix fuel under-recoveries owed to Bulk Distribution Companies (BDCs), a move aimed at stabilising supply and safeguarding the livelihoods of artisanal fisherfolk across the country.
The payment, made on January 16, 2026, covers under-recoveries accrued between March and September 2025 and forms part of President John Dramani Mahama’s broader Resetting Ghana Agenda, which prioritises economic stabilisation, efficiency, and protection of vulnerable sectors.
Government officials say the settlement removes a major liquidity constraint that had affected BDCs, paving the way for the timely and uninterrupted supply of premix fuel to coastal and inland fishing communities nationwide.
Premix fuel remains a critical input for small-scale fishers, and the government reaffirmed its commitment to the subsidy framework, which is designed to reduce operational costs, protect livelihoods, and enhance productivity within the fisheries value chain.
The intervention is also expected to restore confidence in the downstream petroleum supply chain while strengthening food security and supporting coastal economies dependent on fishing-related activities.
The Ministry of Fisheries and Aquaculture Development, working closely with relevant energy sector institutions, has assured the public that it will continue to monitor premix fuel distribution to ensure transparency, accountability, and fairness in delivery to intended beneficiaries.
The government says the move underscores its resolve to reposition the fisheries sector as a key pillar of national development under the Resetting Ghana Agenda.
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Source:
www.gbcghanaonline.com