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
-
Parliamentary immunity must not shield MPs from criminal investigations – Srem-Sai
2 minutes -
Global Organized Crime Index links Chinese trawlers to depletion of Ghana’s fish stocks
3 minutes -
Reject ‘Cocaine Coast’ label through action, not words – Miracles Aboagye tells government
4 minutes -
Fire at North Industrial Area triggers power outage in parts of Accra
5 minutes -
I leave with respect, gratitude and pride – Carlos Queiroz
19 minutes -
Stop turning investigation into punishment – OccupyGhana tells EOCO, BNI
19 minutes -
GPL 2026/27: Medeama go top after win over Port City
31 minutes -
Manhyia South MP Baffour Awuah reports himself to EOCO after arrest warrant
41 minutes -
Ghana records 11 cocaine cases in 28 drug busts since March 2025; biggest hauls seized abroad
43 minutes -
The numbers behind Carlos Queiroz’s tenure as Black Stars boss
52 minutes -
The man who saw tomorrow: How Dr Bawumia built for Ghana what America and Nigeria are building today
1 hour -
Kumasi drivers demand price controls for goods, brand some traders as real ‘Kalabule’
1 hour -
Consumer Protection Agency commends FDA for destroying illegal bales of diapers
1 hour -
GNFS rescues stranded persons after flooding in Hohoe
2 hours -
Baffour Awuah deliberately refused to honour EOCO invitation – Deputy AG, Srem-Sai
2 hours