Bulk Energy Storage and Transportation Company Limited (BOST) has paid a profit dividend of GH₵34 million to the Government of Ghana, marking the first time in 32 years that the state-owned energy entity has achieved this feat.

The announcement was made by Emmanuel Mettle-Nunoo, Corporate Social Responsibility (CSR) Manager at BOST Energies, who is also known by his stool title, Nii Kofi Otuadan III, Abola Mantse.

Speaking at the She Builds Conference held at the University of Professional Studies, Accra (UPSA) Auditorium, he attributed the landmark financial turnaround to strategic management and decisive leadership under the company’s executive leadership team led by Afetsi Awoonor.

Addressing participants at the event, which focuses on empowering women and creating developmental opportunities, Nii Kofi Otuadan III emphasised that the historic dividend payment reflects renewed operational efficiency within the state enterprise.

Beyond the financial success, the Abola Mantse assured the public of the country’s strategic energy security.

He stated that, despite lingering global geopolitical tensions and energy market volatility affecting international oil supplies, BOST has strategically built up adequate strategic petroleum reserves to keep Ghana fully supplied and shielded from potential shortages.

“Under effective leadership, we have ensured that the nation maintains sufficient fuel reserves to serve the good people of Ghana,” Mettle-Nunoo stated, noting that strategic reform and accountability are steering the institution in the right direction.