Dr Mathew Opoku Prempeh, MP for Manhyia South and Minister For Energy, addressed the Annual General Meeting of the Bulk Oil Storage and Transportation Company (BOST) at the Movenpick Ambassador Hotel, Accra.
In his remarks, he expressed his delight at the company’s achievement in the financial year just gone by, and further indicated my desire to see it thrive.
Indeed, a profit before tax of GHS164m in 2021, from a previous figure of GHS2m is a remarkable achievement, after the period of recurrent losses.
This is also happening at a time when the company is making assiduous efforts at extricating itself from a quagmire of protracted debts.
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 our 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.
He is confident that, if BOST sustains the current momentum, more successes will 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 fulfil its mandate of ensuring the nation’s fuel security.
Source: Mybrytnewsroom.com/Kwabena Nyarko Abronoma
