The Daily Post can confirm a state of uneasy calm at Bulk Oil Storage and Transport (BOST) due to the bold decision by the new Managing Director, Alfred Obeng, to splash a whopping GH ¢1million on the Ghana @60 celebration.
The issue, according to a highly placed executive of the local Ghana Transport, Petroleum and Chemical Workers Union source, is disturbing especially when the company is struggling to redeem its indebtedness to suppliers of fuel products.
BOST is not only owing three suppliers $100 million but also finding it difficult to pay performance bonuses to the workers while salaries are being delayed.
The source intimated that the high prices of fuel is among developments that they expected the new Managing Director to get worried about since the company's primary objective is fuel security for the country.
The GH ¢1mIllion released for the celebration also exposes the lie told Ghanaians by the government as it had claimed that the celebrations will cost GH¢20 million and that this money will come from the private sector. As it has turned out, GH ¢1 million came from BOST, a government agency. What other state-owned enterprises contributed is not yet known.
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