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Gulf Energy Ghana Limited has paid a complete of a whopping GHC 409 million in statutory taxes to government through the Ghana Revenue Authority between January 2020 and April 2021. This was revealed by the chief Chairman Hon Richard K. Atikpo, Member of the Council of State representing the Oti Region whose portfolio also includes Lemla Petroleum and Legon Cities Football Club.
According to Mr Atikpo, Gulf Energy is committed to supporting the efforts of state in transforming the economy especially within the area of Job Creation and it’s vital that companies that enjoy the Ghanaian space do more in helping government achieves its developmental commitments by paying their taxes.
“One of the most important challenges of any government the planet over is that the raising of capital for all types of developmental purposes. Now if the environment is great for a business to thrive, it’s only fair that companies that do well support governments efforts at raising capital from several sources including our taxes.
At Gulf Energy, we’ve contributed significantly to Governments kitty over the years and that we believe that if all corporate entities do more within the payment of their taxes, which may be a statutory obligation, government would be within the position to supply the much needed infrastructure and other support services which will positively impact the economy.”
He further added that though the refining industry has had its challenges over the years with pricing and geopolitical issues, the industry in Ghana was competing on a robust footing and would confidently see a change over time following government’s efforts to improving the world .
Mr Atikpo was recently honoured by the Association of Oil Marketing Companies Executive Revellers for his outstanding contributions to the world and being one among the highest 10 Petroleum industry giants of 2020. he’s also known for his Corporate Social Responsibilities which include helping fund the development of a 50-bed facility at the Battle Training Camp for the Ghana soldiers Training Base at Bundase, a suburb of Accra, supporting governments efforts at curbing the dreaded COVID 19 by providing items including Personal Protective Equipment (PPEs), disposable bed sheets rolls, Video Laryngoscopes, Dissecting Forceps, bedsteads, bedside Desks, carrier stretchers, examination beds, wheelchairs, food trolleys, metro shelving, suction machines and more worth many Euros and also donating items worth many Cedis to varied orphanages, groups and individuals to support them in diverse ways.
Gulf Energy was established to interact within the supply of petroleum products to the local market also on other countries within the sub region. Over the years, Gulf Energy has built its capacity and is that the preferred option to supply petroleum products delivering up to 30,000mt of Gasoil and 25,000mt of Gasoline monthly in Ghana through its related companies