No one is in doubt today about the waste that the Minister of Energy, Boakye agyarko is turning out to be. If this government was in a game of football, Boakye Agyarko, would be have been the weakest link in the team.
The minister, in a rather weird twist of mind, in far away United States of America, suggested the idea of turning the Tema Oil Refinery (TOR), in a tank farm.
As the name suggest TOR is a refinery, we already have another bleeding Bulk Oil Storage and Transportation (BOST) company, which has the mandate of providing storage facility for oil importers.
BOST, since 2017 and upon the assumption of office of Alfred Obeng, the Managing Director, has been a pale shadow of its former past.
Boakye Agyarko, could do better job than Mustapha Hamid as Information minister, because he is only good at speaking big English.
His pronouncement reinforces the fear of many energy analysts that he has run out ideas, and is a time bomb threatening to explode.
While the ministers proposition is a clear manifestation of the government’s admission of failing to live up to its promises, one can hardly wrap ones head around the possibility of turning the only refinery we have in this country into a tank farm.
Many countries are without refineries, Nigeria until recently, when Aliko Dangote and other private individuals decided to put refineries was without one. TOR, is the envy of many countries, so why destroy what we have.
The government has stated its intention to build another refinery in the Western region, but like many of its programmes like the One District, One Factory, One Village One Dam, One District One Warehouse, it is only an intention, so until we see boots and equipment on the ground, we cannot take the government serious.
With the coming on-stream of additional oil fields, having more than one refinery, will help the country, realize the maximum benefit of its oil discovery.
It is the view of this newspaper that, Boakye Agyarko’s proposal is not going to add value to our oil and by extension to the Gross Domestic Product (GDP) and therefore must be ignored.