Business News of Monday, 24 March 2025

Source: www.ghanaweb.com

Western Regional Minister pledges support for Petroleum Hub Initiative

Western Regional Minister Joseph Nelson meets management of Petroleum Hub Development Corporation Western Regional Minister Joseph Nelson meets management of Petroleum Hub Development Corporation

The Western Regional Minister Joseph Nelson has pledged his full support for the development of the Petroleum Hub in Jomoro, in the Western Nzema Traditional Area.

His endorsement came during a courtesy call by Dr. Toni Aubynn, CEO of the Petroleum Hub Development Corporation (PHDC) and, at the Western Regional Coordinating Council.

Dr. Aubynn was accompanied by the Deputy CEO in charge of Operations and Technical Kobby Onasis Rosely and some executive members of the PHDC.

The visit aimed to introduce the PHDC leadership and reaffirm the government’s commitment to accelerating the hub project.

Dr. Aubynn pointed out the transformative impact of the Petroleum Hub, emphasising its potential to enhance energy accessibility, reliability, and affordability across Ghana and the broader West African region.

Once fully operational, the hub is expected to generate approximately 700,000 direct and indirect jobs, significantly boosting employment and driving regional economic integration.

"If it comes fully on stream, the Petroleum Hub will employ more people than any single entity in Ghana," Dr. Aubynn stated.

He further emphasised that at full capacity, the hub would position Jomoro as the "Rotterdam of Ghana," contributing significantly to the country’s GDP.

As part of preparations for the project’s rollout, Dr. Aubynn announced the launch of a training program aimed at equipping the youth with essential skills.

He explained that the initiative would enhance their general employability levels beyond preparing them for job opportunities within the hub.

Expressing enthusiasm, Hon. Joseph Nelson congratulated Dr. Aubynn on his appointment and acknowledged his wealth of experience in leadership roles across the public and private sectors.

He assured the full backing of the Western Regional Coordinating Council and described the project as a game-changer for industrialization and economic transformation.

"Having a petroleum hub in the Western Region is something I am extremely excited about. I am fully committed to supporting you in achieving this noble objective," Nelson stated.

Recently, Dr. Aubynn paid a similar courtesy call to the Western Regional House of Chiefs in Sekondi, where traditional leaders expressed their unwavering support for the hub’s development and called for fair compensation for affected communities.

With strong government backing, traditional leadership endorsement, and strategic planning, the Petroleum Hub Project is steadily progressing towards becoming a key pillar in Ghana’s energy sector and a major driver of economic growth.

SP/EK

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