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RADP / Pulse Ghana  >  news  >  business

Ease registration of businesses – OMC’s tell gov’t

Magdalene Teiko Larnyoh

Most of the petroleum distribution companies argue that when the registration process is made easy, they will find the expansion of their businesses more attractive.

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Managing Director of Petroleum Limited Emmanuel Pobee said most OMC’s aim at receiving their permits within a shorter period than they do now.

READ ALSO: Gov't subsidising state-owned oil companies - BDCs

“Our goal is to be able to attain a permit within a shorter period. Theoretically it seems simple but practically it is going to take a lot of man power, a lot of government support and then a lot of red tapes. You know you have to be able to break certain rules and laid down practices to be able to achieve this but if we are able to do so I believe things will be simplified or speed up the process.”

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In Ghana a total of eighty-eight (88) OMCs are duly registered by the National Petroleum Authority (NPA).

Most businesses in Ghana have expressed similar concerns over the duration and bureaucracy in registering businesses in the country.

READ ALSO: Fuel prices to go up by 3% - IES

Most of them have called for a less stressful registration process that will ensure they save time and money.

Ghana ranked 108th out of 190 countries surveyed by the latest ease of doing business report conducted by the World Bank.

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However, since the NPP government took office, they have assured the general public and prospective business owners of its readiness to reduce the heavy bureaucracies encountered when registering a business in Ghana.

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Magdalene Teiko Larnyoh Magdalene Teiko Larnyoh A feminist at heart and a lover of art. She loves to write on business, politics and health.

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