Skip to main content

CBOD pledges to support Ghana Energy Award


By: Fred Yaw Sarpong

The management of the Chamber of Bulk Oil Distribution Companies (CBOD) has pledged it support towards the upcoming Ghana Energy Award which is slated in December this year.

The Ghana Energy Award is aim at celebration the tremendous work of the players within the energy sector.

It's​ also to bring together the stakeholders in the energy industry to deliberate on issues affecting the sector.

The Chief Executive Officer (CEO) of CBOD, Mr. Senyo Hosi recognized the importance of the award and how it will strengthened and encouraged the industry players to live up to expectations.

"The award must be legitimate to be accepted by all stakeholders. Let the industry players be part of the award and let them feel they own it," Mr. Hosi stated.

He said this when the management of the Energy Media Group (EMG), the publishers of Energy Ghana (EG)  magazine visited CBOD to informed them about the upcoming Ghana Energy Award and also to introduced the EG magazine to the management.

He mentioned that if all these are achieved, the award will be one of the best in the country.

He pointed out that the industry players are facing with a lot of challenges and they need to be supported to address these challenges.

Even though, Mr. Hosi did not mentioned the challenges, he was of the view that award like Ghana Energy Award can shape the sector and also brings discipline among the sector players.

"We are solemnly behind you and pledged our fullness support," he mentioned.

The CEO of the Energy Media Group, Mr. Henry Teinor thanked the management of the CBOD for their support.

According to Mr. Teinor, the award is long overdue. "Our main concern is not about making profits but the Ghana Energy Award is to recognize the efforts of the industry players.


Comments

Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong sarpong007@gmaail.com
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

Ghana to benefit from oil spill fund

By: Fred Yaw Sarpong

Ghana as crude oil importing country will benefit from the International Oil Pollution Corporation Fund if the country witnesses oil spill at its ocean.

“The fund is a global fund and it’s meant for the countries that import crude oil. The fund is voluntary but Ghana through the Tema Oil Refinery (TOR) contributes annually on behalf of Ghana,” Mr. Kojo Agbenor Efunam, the Deputy Director in charge of oil and gas at the Environmental Protection Agency (EPA) told the Daily Express.

He explained that the fund is mostly for crude oil importing countries but not those into production and exportation.

Mr. Efunam further explained that once Ghana is part of the fund, anytime there is an oil spill involving an oil tanker on the seas of Ghana, the country can apply for the fund to solve any problem resulting from the spillage.

“If the incident does not involve a tanker the country does not benefit. But if the incident involves a tanker the country applies for the fund,” he ment…

PFM Act to guide local government authority borrowing

By: Fred Yaw Sarpong
The bill, Public Financial Management (PFM) Act 921 which has been passed into law by Parliament is to guide public institutions especially the local government authority borrowing. The law was pass on 3rdAugust, 2016
According to the law, local government authority, a public corporation or state-owned enterprise is liable for the debt and other obligations without recourse to Government, unless otherwise explicitly guaranteed by Government in accordance with this Act.
Madam Eva Esselba Mends, the Chief Economic Officer and Group Head of PFM at the Ministry of Finance told the Daily Express that the law involves a lot but it also give instruction to how state institutions can borrow especially with the  local government authority.
She mentioned that there is no specific law in place that gives direction as to what local authority can do when it comes to borrowing by the authority. Other public corporations sometimes borrow with huge amount for their operation but loca…