Energy Minister Boakye Agyarko has been sacked from office by President Akufo-Addo with immediate effect.

A statement from the Presidency announcing the action said the President has directed Mr. Agyarko to hand over to the lands and natural resources minister John Peter Amewu.

The dismisal of Mr. Agyarko comes after the President was allegedly misled into approving the new AMERI deal which had been rejected by Parliament through an Executive Order.

The novation and amendment agreement was seeking to buy out the deal Ameri Energy had with the government of Ghana under President John Mahama and handed over to a third party Mytilineos for 15 years. Ghana would have ended up paying over Ghc1 billion under the new arrangement.

The joint committee on Finance and Energy of Parliament rejected the new deal because it had no signatures from the Attorney General and Finance minister.