BOST Gains GH¢35m Profit

The Bulk Oil Storage and Transport Company Limited (BOST) has made a trading profit of GH¢35 million in the last 10 months.

The positive news is an indication that the new Managing Director (MD) of the company, Alfred Obeng, is charting a new course to secure the future of the company.

According to the Local and Senior Staff Union of BOST, Mr Obeng’s strategic approach to doing business is largely responsible for the surge in profit, in spite of some negative news in the beginning of the year.

Speaking to the media, the workers predicted a bright future for the company, in view of the various projects lined up to expand the activities of BOST across the country.

The staff are particularly excited about the decision of management to construct an LPG terminal at Tema

“This is a project which will bring so much revenue to the company, thereby making it more profitable,” they observed.

Another project, which has been embraced by the staff, according to Abdul Jalil Abdul Rahman, Chairman of the Senior Staff Association, is the construction of the Bibiani Petroleum Depot.

The strategically positioned depot, when completed, would serve the western north, parts of the Ashanti, Brong Ahafo and Central Regions.

The Chairman of the Junior Staff Union, Manpaya, also revealed that the workers are happy with the new measures Mr Obeng and management are putting in place to make the company more profitable and viable.

“Our MD is hardworking and he has BOST at heart; even on his birthday this year, he travelled to the north to inspect projects. We are always amazed at his dedication to the job. It is for this reason that we are strongly behind him and will continue to fight anybody or group of people who will try to sabotage him,” they declared.

Source: Daily Guide