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
-
IGP explains how he defied intelligence warnings to enter Bawku amid violent attacks
11 seconds -
The demand for state of emergency over galamsey, does not mean ‘shoot to kill’
7 minutes -
A/R: Task force extends mandate to protect cocoa farms from forceful takeover by illegal miners
27 minutes -
Carlo Ancelotti confirmed as new Brazil Head Coach
45 minutes -
Koo Fori pleads not guilty to $50,000 fraud charge, granted GH₵320,000 bail
49 minutes -
‘Whether there is war or ceasefire, our children will not come back’
1 hour -
Cookie Tee appointed CEO of Nineteen57 Events
1 hour -
Alex Dadey honored at Millennium Excellence Awards 2025
1 hour -
Falz’s X post about fornication sparks controversy
1 hour -
Mahama urges African leaders to accept blame for debt crisis, calls for stronger oversight and reform
1 hour -
Mahama calls for fairer credit ratings for African economies and stronger regional institutions
1 hour -
Sammy Gyamfi dollar gift saga: ‘You committed no crime; the haters are hurt’ – Francis-Xavier Sosu
1 hour -
Accra emerges as Africa’s third fastest-growing real estate market – report
1 hour -
Suspected NDC members attack Forestry Commission in Enchi over recruitment
2 hours -
4 feared dead in gory accident at Assin Bresiako
2 hours