Pulse.com.gh logo

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

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.

  • Published:

Some Oil Marketing Companies (OMCs) are calling on government to streamline the processes involved in registering their businesses.

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.

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.”

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.

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.

Fufu is killing Africans - Mensah Otabil

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 Breaking Otabil finally breaks silence on banking controversiesbullet
2 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
3 Banking Crises Sahel Sahara and Omni Bank become latest to mergebullet
4 Nana Appiah Mensah Menzgold boss apologises to BoG after Twitter rantbullet
5 Increment Fuel prices to go up again – IESbullet
6 Bank Collapse Capital Bank Board misused GHC 610 million from...bullet
7 Capital Bank Collapse Here are the roles of a non-executive...bullet
8 Banking In Ghana Stranded customers of First Allied...bullet
9 Collapsed Banks Here are the auditing firms for the 7...bullet
10 Incompetence Otabil wasn't qualified to be Capital...bullet

Top Videos

1 Former Capital Bank staff grills pork for survivalbullet
2 Forbes 2018 Africa's billionaires rich listbullet
3 Money Alert Meet Africa's richest womanbullet
4 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Support Finance minister buys Kantanka carbullet
7 Plane Crash Starbow suspends operations following plane crashbullet
8 New Phones Nokia MWC 2018 Event in 5 minutesbullet
9 Video We are determined to move Ghana beyond aid - Bawumiabullet
10 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet