{"id":392304,"date":"2018-01-17T06:16:56","date_gmt":"2018-01-17T06:16:56","guid":{"rendered":"http:\/\/citifmonline.com\/?p=392304"},"modified":"2018-01-17T07:06:01","modified_gmt":"2018-01-17T07:06:01","slug":"premix-diversion-fisheries-ministry-terminates-contract-with-25-omcs","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2018\/01\/premix-diversion-fisheries-ministry-terminates-contract-with-25-omcs\/","title":{"rendered":"Premix diversion: Fisheries Ministry terminates contract with 25 OMCs"},"content":{"rendered":"
The Ministry for Fisheries and Aquaculture Development, has terminated its contract with some Oil Marketing Companies over their involvement in the diversion of premix fuel across the country.<\/p>\n
The Deputy Minister for Fisheries and Aquaculture Development, Francis Kingsley Ato Cudjoe, who confirmed this to Citi News<\/strong>, said they have terminated the contracts of about 25 Oil Marketing Companies involved in the distribution of premix oil across the country.<\/p>\n According to the Ministry, the companies were found guilty of diversion hence the decision to stop them from distributing the product.<\/p>\n The move follows Citi News’<\/strong> reports of over\u00a0200 cases of premix fuel diversions<\/a>\u00a0in the country since January 2017, resulting in shortage that highlighted the inefficiencies in the regulation of the petroleum sector.<\/p>\n Background<\/strong><\/p>\n Citi News discovered that at least\u00a0200 cases of premix fuel diversions<\/a><\/strong>\u00a0had been cited by the National Petroleum Authority (NPA), since January 2017.<\/p>\n The Ministry of Energy, in May 2017, subsequently ordered the Fisheries Ministry to probe the companies alleged to be complicit in the fuel diversion, but that did not happen.<\/p>\n