• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

LPG Marketing Companies Association Refutes Allegations of Opposition to CRM Implementation

1 year ago
in Economy, Energy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
87
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

LPG Marketing Companies Association Refutes Allegations of Opposition to CRM Implementation

The LPG Marketing Companies Association of Ghana has denied allegations made by Dr. Mustafa Hamid, CEO of the NPA, that it opposes the Cylinder Recirculation Model (CRM) being implemented by the National Petroleum Authority (NPA).

In a statement issued on Sunday, July 21, 2024, the Association clarified that it has engaged in extensive discussions with the NPA, culminating in a mutual agreement that both the Refilling and CRM systems should operate in tandem.

The Association underscored its primary objective of promoting LPG usage to safeguard the environment and support indigenous enterprises.

“Our advertisements are solely aimed at promoting LPG usage to protect our environment and promote indigenous businesses, not to oppose CRM. There are clear differences between opposition and competition. Our requests to mount cages in all our LPG stations across the country to support the policy of distributing CRM cylinders were vehemently turned down by the NPA.

“We therefore find it very ironic and disingenuous that the CEO would turn around and accuse us of being backward-looking and not wanting change. We take very serious exception to that derogatory statement,” the statement read.

The Association highlighted that over $400 million in investment, predominantly financed by banks, has been funneled into the industry by indigenous companies over the past 25-30 years.

RelatedPosts

GSE Supports Dzorwulu Special School With Donation of new Computers, Refurbished ICT Centre

Sharpening Africa’s Edge in the Diamond Sector

GCB Bank Warns Public Against Fake “Afriquantumx” Investment Post

They argued that these investments cannot be sacrificed on the altar of change. The sector, they noted, employs approximately 10,000 Ghanaians, including 8,000 direct and 2,000 indirect jobs.

“We are yet to be told the exact number of jobs that the CRM could potentially create, simply claiming that CRM will generate “Aboboyaa” jobs is insufficient, lacks transparency and authenticity, and can only have propaganda and populist value,” the Association added.

The Association further called on Dr. Hamid to cease making inflammatory and derogatory remarks that could incite public opposition against them. They emphasized the necessity for the NPA to maintain its neutrality and fulfill its regulatory role impartially.

“We strongly urge the CEO of NPA to desist from making inflammatory and derogatory remarks that undermine and incite the public against our association. It is imperative for the NPA to maintain neutrality and fulfill its role strictly as a regulator,” the statement concluded.

Read Statement Below:

Tags: CRM ImplementationLPG Marketing Companies AssociationLPG Marketing Companies Association Refutes Allegations of Opposition to CRM ImplementationNPA
No Result
View All Result

Highlights

President Mahama Announces GNPC Plans to Drill Two New Exploration Wells by Q3 2026

Switzerland’s Growth Outlook Constrained by External Shocks, Says IMF Board

Ghana’s Alex Amankwah Exits World Athletics Championships in 800m Heats

Formula 1 Expands Sprint Weekend Format: Montreal, Zandvoort, and Singapore Join the Action

Eni and OCTP Partners Sign Agreement With Government to Strengthen Energy Production, Promote Sustainability

Cedi to Stabilise at GHS 13.5 – GHS 14 per Dollar by End-2025 – Prof. Bokpin Forecasts 

Trending

GSE MD with a student of Dzorwulu Special School
Business

GSE Supports Dzorwulu Special School With Donation of new Computers, Refurbished ICT Centre

September 16, 2025

GSE Supports Dzorwulu Special School With Donation of new Computers, Refurbished ICT Centre The Ghana Stock Exchange...

Sharpening Africa’s Edge in the Diamond Sector

September 16, 2025

GCB Bank Warns Public Against Fake “Afriquantumx” Investment Post

September 16, 2025

President Mahama Announces GNPC Plans to Drill Two New Exploration Wells by Q3 2026

September 16, 2025

Switzerland’s Growth Outlook Constrained by External Shocks, Says IMF Board

September 16, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.