Dorcas Affo-Toffey Welcomes Signing Of Phase II Agreement For Ghana’s $28 Billion Petroleum Hub

According to a report by GHOne TV on Thursday, October 22, 2026, the Member of Parliament for Jomoro, Dorcas Affo-Toffey, has welcomed the signing of the Phase II agreement for Ghana’s $28 billion Petroleum Hub project.

The project is expected to contribute to Ghana’s economic development through job creation, industrial expansion and increased local economic activity. The agreement marks an important step in efforts to advance the petroleum hub initiative, which is intended to strengthen the country’s position in the petroleum industry.

The Petroleum Hub project is designed to establish Ghana as a major centre for petroleum refining, storage, distribution and related industrial activities. Its implementation is expected to create opportunities for businesses and workers across different sectors of the economy.

Dorcas Affo-Toffey’s positive response to the signing of the Phase II agreement highlights the importance of the project to the Jomoro constituency and the country as a whole. The proposed development is particularly significant for the Western Region, where the petroleum hub is expected to support economic activities and create employment opportunities.

The project is also expected to stimulate investment in supporting industries, including transportation, logistics, construction and other services that may benefit from the development of petroleum-related infrastructure.

However, the extent to which the project will deliver its expected benefits will depend on effective implementation, sustained investment and the creation of opportunities for local businesses and workers.

For residents of Jomoro and surrounding communities, the project presents the prospect of increased economic activity and employment. Its successful implementation could also contribute to the development of infrastructure and improve opportunities for people seeking jobs in the energy sector.

The signing of the Phase II agreement therefore represents a significant development in Ghana’s petroleum hub initiative. As the project progresses, attention will focus on its implementation and its ability to translate the anticipated investments into tangible economic benefits for Ghanaians.

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