Audio By Carbonatix
The presidential candidate of the National Democratic Congress (NDC), John Dramani Mahama, has given the assurance that he will work hard to revive the Tema Oil Refinery (TOR) and the Bulk Oil Storage and Transportation (BOST) when he is elected as president in the December 7, polls.
Interacting with members of the Tanker Drivers Association and Liaison officers of the Oil Marketing Companies at Tema on Thursday, he expressed disappointment in the Akufo-Addo government for supervising the collapse of the two companies, which were self-sufficient and vibrant during his administration.
Mr Mahama said due to government’s mismanagement of TOR, it has ceased to perform its core function of refining oil and has now been reduced to a rented storage facility for oil importers.
“The last year before we left government, we lifted crude oil from the Jubilee field for TOR to refine and after we left power, they sold the crude and today TOR is not functioning again”, he said.
Regarding the operations of BOST, Mr Mahama recalled that when the NDC assumed office, the company was highly indebted but through proper management, the government was able to transform it to become one of the best performing state enterprises.
He, therefore, described the current near-collapse state of BOST on the watch of the Akufo-Addo’s government as very sad.
Mr Mahama said the petroleum value chain, starting from refinery to the final consumption stage, employs thousands of people and it is imperative that the government gives it the needed attention.
He assured oil sector players and other stakeholders that the next NDC government will work hard to revive and transform both TOR and BOST to enable them discharge their mandate.
Mr Mahama, therefore, asked them to vote for him in the upcoming December 7 presidential election to enable him work hard to revive and transform both TOR and BOST.
Latest Stories
-
Access Bank Ghana strengthens ethical finance expertise with Malaysia executive study tour
5 minutes -
Tribunals: The return of terror – Prof Kwesi Yankah writes
18 minutes -
Ukraine dismisses Iranian threats as Caspian Sea strike directly links wars
20 minutes -
Prudential Bank MD advocates for relationship-centred banking at Banking Council meeting
21 minutes -
Why Ghana’s geology conference could shape Africa’s next mining boom
31 minutes -
East La Burma Valley Residents Association hands over relief items to Tse-Addo flood victims
33 minutes -
Chelsea open talks to sign Brighton striker Welbeck
43 minutes -
US core capital goods orders rise, shipments post largest gain in 4-1/2 years amid AI investment boom
45 minutes -
NACOC commends JoyNews documentary on drug abuse fight, calls for more media support
46 minutes -
Deadly Doses II: Students becoming drug dealers is worrying — NACOC Deputy DG
56 minutes -
IMCC Secretariat says forensic audit found Dennis Aboagye culpable in financial irregularities
1 hour -
What a clean washroom at Prempeh I International Airport says about Ghana’s development
1 hour -
Deplorable Ashanti Kpoeta roads are affecting livelihoods and healthcare
1 hour -
We’re providing consular support to detained Asante Akyem North MP – Ablakwa
1 hour -
Gold Fields mounts robust defence of its Tarkwa lease renewal bid
1 hour