The first shipment of the gold for oil agreement negotiated with the United Arab Emirates has been delivered to Ghana.
The Ministry of Lands and Natural Resources reports that on January 15th 2023, 40 million metric tons of oil landed at the Tema port.
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Plans for its distribution and sale are to be developed by the Energy Ministry in conjunction with the Bulk Oil Storage and Transportation and Oil Marketing Companies.
According to the Lands Ministry, this will aid in lowering national fuel prices.
Source: Citinews
