BOST Workers Stage Demo
AGGRIEVED WORKERS at the Bulk Oil Storage and Transportation (BOST) Company Limited at Accra Planes Depot in Tema have staged a demonstration against the company’s Board of Directors for their alleged inefficiency and poor management of the company.
Union members, some clad in red, expressed their displeasure by chanting war songs and other songs they had used names of some board members to compose. They called on the government to dissolve the board of the company and appoint a substantive Managing Director and a new board to save the company from collapse.
The BOST was incorporated in 1993 as a private limited liability company with the Government of Ghana as the sole shareholder. They were mandated to develop a network of storage tanks, pipelines and other bulk transportation infrastructure throughout the country and to keep Strategic Reserve Stocks for Ghana.
BOST workers who laid down their tools accused the board of bad management which had led to financial loss and operational difficulties, noting that ‘there has not been a single purchase of fuel product for strategic reserve since 2009 which is virtually crippling the company.’
According to them, ‘BOST, the only largest bulk storage for the country which has a capacity of 420 million litres built with tax payers’ money is dwindling and affecting the economy of this country, due to bad and lack of prudent measures by the BoD of the company.’
Speaking with DAILY GUIDE during the demonstration at the company, Daniel Toah, BOST union secretary, called on government to dissolve the board members with immediate effect, to rescue the oil storage company.
According to him, BOST recently built four new barges to convey petroleum products from Akomsombo to Buipe, in an effort to exploit cheaper means of transportation, but ‘through the lackadaisical attitude of management and the BoD, the Energy Ministry and NPA have directed the management of BOST to handover the barges to Volta Lake Transport Company (VLTC) without due diligence on the repercussions that will befall BOST company.’
He requested that the committee which was set up by government to investigate a case of impropriety at BOST should make public its report.
Mr Toah appealed to the Energy Minister, Emmanuel Armah-Kofi Buah, to ensure that all BOST assets including pipelines, tanks and barges are put to an efficient use.
BOST was recently given an additional mandate as the Natural Gas Transmission Utility (NGTU) to develop the Natural Gas infrastructure throughout the country with storage facilities at six locations within the country.
From Vincent Kubi, Tema
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