President John Dramani Mahama on Tuesday signed into law five bills passed by Parliament, approving a set of measures that target changes to Ghana’s security framework, higher education system and financial regulations.

The legislation includes the Security and Intelligence Agencies Act, 2026; the University of Engineering and Agricultural Sciences Act, 2026; the Ghana Deposit Protection (Amendment) Act, 2026; the Growth and Sustainability Levy (Amendment) Act, 2026; and the Education Regulatory Bodies (Amendment) Act, 2026.

The new security law eliminates the Office of the Minister of National Security, transferring oversight of intelligence agencies directly to a minister designated by the president. It also restores the name of the National Intelligence Bureau to its former designation, the Bureau of National Intelligence, a move the government said is intended to avoid confusion with similarly named institutions.

In higher education, the University of Engineering and Agricultural Sciences Act establishes a new public university, with its main campus to be located in Bonsu in the Eastern Region and satellite campuses planned for Ohawu in the Oti Region and Acherensua in the Ahafo Region.

Fiscal changes include a reduction in the Growth and Sustainability Levy on mining companies to 1% from 3%, following the introduction of a sliding royalty regime. The amendment to the Education Regulatory Bodies Act allows greater operational flexibility for private tertiary institutions, including provisions enabling them to obtain charters.

In the financial sector, the Ghana Deposit Protection (Amendment) Act broadens deposit insurance coverage to include mobile money wallets and other digital financial platforms, extending safeguards beyond traditional bank deposits.

Senior government officials, including Vice President Jane Naana Opoku-Agyemang, attended the signing ceremony.

Source:TheDotNews