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IEAG Calls on Government for Immediate Termination of SML Contract

Kwaku Antwi Boasiako by Kwaku Antwi Boasiako
June 4, 2025
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IEAG Calls on Government for Immediate Termination of SML Contract
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The Importers and Exporters Association of Ghana (IEAG) has appealed to the government to immediately terminate the remaining contract between the Ghana Revenue Authority (GRA) and Strategic Mobilization Limited (SML).

According to the Association, the contractual agreement for SML to monitor fuel volumes is redundant, as the task is already being performed by the National Petroleum Authority’s (NPA) own system.

Speaking at a press briefing, Mr. Samson Asaki Awingobit, Executive Secretary of IEAG, alleged that SML continues to receive $1.43 million every month under the downstream petroleum contract, despite lacking prior expertise in revenue assurance.

He further claimed that the multi-million dollar contract was awarded to SML without a competitive process, raising concerns about the transparency and value of the agreement.

Mr. Awingobit emphasized that terminating the contract would save the country a significant amount of money, which could be channeled to vital projects such as the Mahama Care initiative and construction of new school buildings. He urged the government to prioritize the interests of Ghanaians and take immediate action to terminate the contract.

The IEAG’s call for the termination of the contract highlights concerns about government spending and the need for transparency in public procurement processes.

As the government continues to navigate the complexities of managing public resources, the IEAG’s demand for accountability and prudent financial management is timely and relevant.

Source: Bernard K Dadzie Greater Accra Region

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