The Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distribution Companies (CBOD) have threatened to go on strike over the alleged diversion of funds from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC), saying the move is a “flagrant breach of statutory mandate” and “unacceptable betrayal of public trust”.
In a joint statement, the associations vowed to explore all legal means to reverse the action, demanding the government immediately cease all disbursements to GCMC from the LPG Fund and reverse any allocations already made.
The associations are also calling for transparency, including quarterly public reporting on all fund utilisation with independent audit verification, and for the government to publicly confirm that the LPG Fund will only be used for its intended purposes: financing bottling plants, CRM rollout, and unsafe cylinder withdrawal.
“The fund was never intended as discretionary capital for ad hoc allocations,” COMAC and CBOD said, adding that redirecting it to GCMC is “a statutory violation that demolishes the foundation of Ghana’s LPG safety and infrastructure framework”.
The associations are urging the government to address the matter urgently, warning that they will pursue every legitimate avenue to defend the LPG Fund’s rightful utilisation.
