“TOR will become a profitable enterprise.”

By flymultimediaghana Mar25,2024
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The recently established Tema Oil Refinery (TOR) board of directors has told the media that if given the freedom to remain focused on its primary mission without any intrusion from outside interests, they can transform the nation’s top oil refinery into a successful organization.

"TOR will become a profitable enterprise."
“TOR will become a profitable enterprise.”

In a letter signed by the Secretary to the President, Nana Bediatuo Asante, and addressed to the Minister for Energy, Matthew Opoku Prempeh (MP), President Akufo-Addo announced on Monday, March 18, 2024, his decision to form a new 11-member board.

The board will be chaired by Mr. Leon Kendon Appenteng, a member of the previous board with over 35 years of professional experience in trade, commerce, and manufacturing.

The newly appointed TOR Managing Director, Kofi Mocumbi Tagoe, Dr. Antoinette Tsiboe-Darko, Edith Sapara-Grant, Nana Akua Bakoma Prempeh, Lorraine Crabbe Ababio, Joseph Mensah Browne, Alfred George Thompson, Paul Kwaku Kyei Ofori, Kwame Baffoe, and Herbert Ato Morrison are the other members of the board.

The Energy Minister, Matthew Opoku Prempeh, is scheduled to administer the oath of office to the board on Tuesday, March 26, 2024.

Union Issues

Bernard Owusu, the chairman of the General Transport, Petroleum, and Chemical Workers Union (GTPCWU) of the Trades Unions Congress (TUC), a small union affiliated with the TOR working body, is known to have called for the board chair nominee’s dismissal due to his alleged involvement in the suspended Torentco-TOR partnership arrangement. This was prior to the formal swearing-in of the board.

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