Business News of Tuesday, 5 August 2025

Source: www.ghanaweb.com

Take advantage of 24-Hour Economy to boost operations - Gyan-Mensah to OMCs

Richard Gyan-Mensah is the Deputy Minister of Energy Richard Gyan-Mensah is the Deputy Minister of Energy

Deputy Minister of Energy and Green Transition Richard Gyan-Mensah, has called on Oil Marketing Companies (OMCs) to capitalise on the government's 24-hour economy policy to broaden their operations.

He made the remarks during the rebranding ceremony of Engen Ghana Limited to Misa Energy Ghana Limited.

Speaking at the ceremony, Gyan-Mensah emphasised the significance of the 24-hour economy in stimulating economic growth and job creation.

He pointed out that OMCs are well-positioned to benefit from this initiative by extending their services and operating hours.

“We cannot discuss the 24-hour economy without acknowledging the critical role of OMCs since they are the engine room for the last-mile delivery of petroleum products. OMCs serve as the bridge between national bulk supply systems and end-users," he stated.

He added that, "Within the 24-hour economy, the Ministry recognises OMCs as not just retailers of petroleum products but key economic enablers that will ensure that industries, retailers, healthcare facilities, hospitality operators, delivery services, agro-processors, and the public transporters operate seamlessly 24 hours a day, 365 days a year."



The rebranding of Engen Ghana to Misa Energy Ghana Limited marks a significant step in the company's growth strategy.

The Deputy Minister commended Misa Energy for its commitment to innovation and its proactive approach to adapting to the evolving energy landscape.

SP/MA

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