State owned Ghana National Petroleum Corporation has officially cancelled their sponsorship package for the Black Stars.
The Petroleum company was directed by government to withdraw their sponsorship deal to the Black Stars.
The Ghana National team (Black Stars) receives $3million every year as sponsorship money from GNPC.
However government have authorized the company to invest the said amount into education and technology.
The latest development means the Ghana Football Association will have to seek a new headline sponsor for the Black Stars team.
The situation leaves the Black Stars with just two sponsors (PUMA and UNIBANK) after rice master also withdrew their sponsorship package for the team.
GNPC have been sponsoring the senior National team for the past five years.