Okaikwei Central MP alleges Ghana was close to settling Tullow tax dispute for $150m

Okaikwei Central MP Patrick Boamah has alleged that Ghana was close to settling two tax disputes with Tullow Ghana Limited for about US$150 million before the latest arbitral ruling in favour of the country.

He said the Government subsequently entered into proposed Terms of Settlement under which Ghana would have accepted about US$150 million to settle the two tax claims involving the Ghana Revenue Authority.

Tullow’s own 2025 annual report confirms that the company had two disputed Ghana tax assessments, both referred to international arbitration in 2023, and that the parties had engaged in settlement discussions.