Former United Nations Governance Advisor, Prof. Baffour Agyeman-Duah has suggested that President John Dramani Mahama’s decision to dissolve the governing boards of 9 state institutions may have been influenced by factors beyond concerns about their profitability.

Speaking on TV3’s The Key Points, Prof. Agyeman-Duah said he was not convinced that profitability alone accounted for the President’s decision.

“I strongly suspect that perhaps the profitability declaration may not be all that is behind the decision,” he said.

He speculated that the President could be preparing to replace boards considered inefficient or responding to other issues that have not yet been made public.

“I’m sure the president is determined to reconstitute boards that have been proven to be inefficient, or maybe there is malfeasance which has not yet come to the public,” he added.

Prof. Agyeman-Duah also said President Mahama appeared prepared to make significant changes within his administration to help him achieve his objectives during the remaining years of his tenure.

“The president is more than willing to shake up his government that will enable him to fulfil his ambition for the remaining years,” he said.

He maintained that the full reasons for the dissolution could emerge later, particularly because the Presidency did not provide any explanation when announcing the decision.

“The profitability declaration may not be the only reason; there must be some reason that we don’t know yet,” he said.

President Mahama dissolved the governing boards of 9 state institutions with immediate effect, according to the Presidency.

The affected institutions are Prestea Sankofa Gold Limited, the Bulk Oil Storage and Transportation Company Limited (BOST), the Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, the Road Maintenance Trust Fund, TDC Ghana Limited, the Ghana National Petroleum Corporation (GNPC) and the National Sports Authority (NSA).

The decision was confirmed in a statement issued on Wednesday, September 2, 2026, by the Spokesperson to the President and Minister for Government Communications, Felix Kwakye Ofosu.