Ghana’s Minister for Energy, Dr. Matthew Opoku Prempeh, has expressed his delight in Bulk Oil Storage and Transportation Company’s achievement in the 2021 financial year.
According to the Minister, the company’s pre-tax profit of One Hundred and Sixty-Four Million Cedis (Gh¢160 million) for the 2021 financial year from a previous figure of Two Million Ghana Cedis (Gh¢2 million) is a remarkable achievement.
“This is also happening at a time when the company is making assiduous efforts at extricating itself from a quagmire of protracted debts,” he said.
This, he said, was a testament that, with the right leadership and set of attitudes, State Owned Enterprises (SOEs) can grow to feed the government with the revenue required for its progress as a people.
He urged the Ministry responsible for Public Enterprises and the State Interests and Governance Authority (SIGA) to leave no stone unturned in encouraging SOEs to deliver on their mandate, helping the government to make the lives of the people better, using the BOST story as a perfect blueprint.
The Minister was confident that if BOST sustained the current momentum, more successes would be chalked for the overall benefit of the citizens of our country.
“This is crucial, especially as the government works to ensure that BOST is resourced to fulfill its mandate of ensuring the nation’s fuel security,” Dr Prempeh noted.
Donate To Support Independent Journalism
In these perilous times, a truth-seeking portal like the Energy News Africa is essential. We have no shareholders or billionaire owner, meaning our journalism is free from commercial and political influence – this makes us different. Support energynewsafrica.com with any amount by donating to the account below. Thank you
GT Bank Account Number: 208126002110
Account Name Energy News Africa Ltd.
Or Contact +233243782655
Email:[email protected]
Source: https://energynewsafrica.com