The Bulk Energy Storage and Transportation Limited Company (BOST) has celebrated its 30th anniversary with a thanksgiving service at the Most Holy Trinity Cathedral, Accra High Street.
The company thanked God for His grace and mercies that enabled it to overcome many challenges in the past three decades.
Chairman of the board of directors, Mr. Ekow Hackman, explained that BOST had survived longer than many Fortune 500 companies, whose average lifespan had dropped from 61 to 17 years since 1958.
This, he said, was a remarkable achievement and a reason to be grateful to God.
He expressed hope that the board, management and staff of BOST would continue to play their roles well and contribute to the company’s success.
He urged everyone to thank God for the milestone and the strength of BOST.
Addressing the gathering, the Minister of Energy, Hon. Dr. Matthew Opoku Prempeh described BOST as a shining example of state-owned enterprise management excellence which should inspire the remaining SOEs to up their game to make meaningful contributions towards the nation’s development.
He added that, given the situation of the company in the recent past, paying off the accrued debts to suppliers, BDCs and the domestic banks in a record time to declare two successive years of profit merit every thanks to God for granting the individual players the knowledge, wisdom, and will-power to steer the affairs of the company.
He added that the pivotal role BOST has played in the implementation of the Gold for Oil policy which is targeted at stabilizing the foreign exchange, petroleum process and stalling inflation is a testament to the fact that SOEs can do what is needed to advance the course of the nation; leadership is just what makes the difference.
The Managing Director, Dr. Edwin Alfred Provencal expressed gratitude to all who in diverse ways have helped shape the BOST story with a promise to continue doing more until the mandate is achieved and exceeded.
A cheque of Five Hundred Thousand Ghana Cedis(GHS500,000.00) was presented by the Managing Director to the church as the contribution of BOST towards the resuscitation of the dilapidated infrastructure at the Holy Trinity Cathedral Senior High School.
Plaques were presented to the foundation board and staff of the company for sowing a seed which has grown into a preferred partner in the energy sector of Ghana. The founding Managing Director, Dr. Kwabena Donkor was among the individuals who were recognised for their efforts in seeing the BOST vision come to reality.
The all-white event which started at the Most Holy Trinity Cathedral was witnessed by about 500 persons including staff and members of the media fraternity. It was all joy.
