Mr. Marlick Adjei, General Manager, Corporate Communications and External Affairs of Bulk Oil Storage and Transportation (BOST) Company Limited has said that the intent of the current management of the oil storage and transportation is to make it the number one facility within West Africa by the year 2024.
In an exclusive interview with Nkosuohene, host of Plan B FM‘s flagship morning show, Nkosuo Nsem, Mr. Adjei noted despite its financial challenges in the past; something the management is working hard to reverse, the plan is to ensure that BOST becomes best of such facilities in West Africa.
Continuing, Mr. Adjei remarked that the dream for BOST, is to become the number one fuel and logistics company in West Africa by 2024 adding that management is working at ensuring an efficient distribution including both for Ghana and neighbor countries. He further remarked this the oil storage company will do this by ensuring sharing right quantities and at the right prices for their various products.
Speaking on the issue of debt the current government inherited when it assumed the reign of the country, he mentioned that there was a debt of $624 million which was made known after an audit was carried out. He pointed out that there was also no record to show for any audit performed under the Mahama led administration.
The story according to him is currently different as 97% of those debts have now been paid by the Nana Addo Dankwa Akufo-Addo led government with just about $50millon left to be paid to complete the payment of the debt they inherited.
Touching on some of the interventions BOST has undertaken to ensure smooth operations which is aimed at reversing the previous trends, Mr. Adjei stated that all faulty pipelines have all been repaired within the various depots across the country. He added that BOST is also looking at adding another depot somewhere in the Western region to augment current distribution in that region. More jobs, according to Mr. Adjei would be created if another depot is established in the western part of the country.
Mr Adjei in conclusion noted that with the interventions put in place by the management, BOST should be able to break even and even make profit in about two years.
Discussion about this post