President John Dramani Mahama has assented to five new bills into law, targeting key reforms in governance, education, and the economy.
Announcing the development, the President said the new laws reflect government’s commitment to strengthening institutions and improving service delivery.
“I have signed five bills into law, each addressing key areas of governance, education, and the economy,” he stated.
One of the key legislations, the Security and Intelligence Agencies Act, 2026, abolishes the Office of the Minister of National Security and grants the President flexibility to assign oversight of security agencies to any designated minister.
President Mahama explained that the law also restores the name of the Bureau of National Intelligence.
“The Act restores the name of the National Intelligence Bureau back to the Bureau of National Intelligence, bringing back the familiar BNI designation and addressing public confusion,” he noted.
In the area of education, the President assented to the University of Engineering and Agricultural Sciences Act, 2026, which establishes a new public university in the Eastern Region.
“This university will operate with three campuses: a main campus at Bunso, a second campus at Ohawu, and a third campus at Akyirensua in the Ahafo Region,” he said.
On the economy, President Mahama signed an amendment to the Growth and Sustainability Levy Act, reducing the levy on mining companies from 3 percent to 1 percent.
“This adjustment follows the introduction of a sliding scale for royalties, ensuring a more balanced approach to revenue generation,” he explained.
The President also approved the Ghana Education Regulatory Bodies Amendment Act, which removes the requirement for universities to obtain charters under the previous framework.
“This reform is intended to streamline the regulatory process and improve efficiency within the tertiary education sector,” he indicated.
Additionally, he assented to the Ghana Deposit Protection Amendment Act, aimed at strengthening financial sector stability.
“The law enhances the framework for protecting deposits held by the public in banks and financial institutions,” President Mahama added.
The new legislations are expected to reinforce governance structures, expand access to higher education, and boost confidence in Ghana’s financial system.
Story: Patrick Asford Boadu
