Ghana’s strategic fuel stock-keeping company, Bulk Oil Storage and Transportation Company Limited (BOST) has signed a Memorandum Of Understanding (MoU) with the Ministry of Education (MoE) to provide Gh¢1.5 million educational scholarships to fifty needy but brilliant students from communities impacted by its operations across the West African nation.
The scholarship package, which is for four years, will cover tuition fees, accommodation, monthly subsistence allowance, transportation costs to school and back home for each academic term, learning materials (laptops and textbooks), and educational tours for each of the 50 beneficiary students.
The 50 students are already enrolled and currently enjoying the scholarship package at the University of Mines and Technology in Tarkwa in the Western Region.
At a short ceremony at the head office of BOST in Accra, Wednesday, the Head of Legal and General Counsel at BOST, Mrs Harriet Amoah, who spoke on behalf of the Managing Director, Mr Edwin Provençal, said that in December 2021, BOST received a formal request from the Ministry of Education to partner it to provide scholarships for Engineering students in the country.
The Ministry’s proposal, she said was aimed at collaborating with seven public universities offering Engineering and Computer Sciences.
She said in line with the company’s Corporate Social Responsibility (CSR) policy on education, BOST accepted the Ministry of Education’s proposal but insisted that candidates be selected from communities impacted by BOST operations.
Mrs Amoah disclosed that the 50 candidates were selected from the Kpone-Katamanso and Shai-Osudoku Districts from the Greater Accra Region, Lower Manya and Asuogyaman Districts in the Eastern Region, the Kaase Municipality from the Ashanti Region, Central Gonja District from the Savanna Region, Savelugu District from the Northern Region, West Mamprugu District from the North-East Region and the Bolgatanga Municipality from the Upper East Region.
She said BOST has either petroleum pipelines passing through these districts or has tank farms sited there.
The Minister for Education, Dr Yaw Osei Adutwum, who is the brain behind the MoE’s Engineering Scholarship programme, thanked the management of BOST for being a good corporate citizen.
He was delighted that BOST has responded positively and it is making a significant contribution towards national development.
He was hopeful that other corporate entities in the country would follow BOST’s example.
The Ministry of Education is hoping to get, at least, 2,000 students trained in engineering.
Source: https://energynewsafrica.com