ACCRA, Dec 19 (The African Portal) – Landing beach committees have been reminded that proceeds from premix fuel sales are not private resources, but funds held in trust for fishing communities under law.
The Administrator of the National Premix Fuel Secretariat, Ebow Mensah, said the ongoing Premix Accountability Series is aimed at restoring transparency and confidence in the management of the 53 percent community development fund mandated under L.I. 2233.
“Premix fuel is a heavily subsidized product. The government spends a lot of money to support artisanal fishing, and the arrangement is clear: when margins are made, part of that money must go back into developing the community. This is not negotiable,” Mr. Mensah said.
He explained that the law requires landing beach committees to bank the 53 percent community share and apply it strictly to community development projects, rather than individual or factional interests.
As part of the pilot phase of the accountability series, new landing beaches at Sekondi, New Takoradi, and Abuesi, which began operations this year, presented records of premix consignments received, sales made, and funds accrued to the community account for 2025.
“I have been impressed with the meetings so far,” Mr. Mensah noted. “They rendered accounts, showed bank statements, and indicated where the funds belonging to the community have been lodged. It is a good start.”
He said the Secretariat expects the process to deepen public understanding of how premix margins work and to strengthen community oversight of the funds meant for local development.
