Dr Patrick Ofori

Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment

Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment

The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on government to create an enabling environment that would ensure bulk distribution companies compete fairly in the gold for oil (G4O) programme. According to Chamber, the Bank of Ghana (BoG) underwriting the risks associated with commercial activities of the Bulk Oil Storage and Transportation company (BOST), gives the government sole shareholder private limited liability company, an upper hand over other players in the field. In a virtual press briefing on Thursday, Dr Patrick Ofori, Chief Executive Officer (CEO) of CBOD, said the Chamber was concerned about the “preferential treatment that…
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