TGR Sanbox
  • Home
  • News
  • Business
  • Entertainment
  • Sports
  • Election Data Center
  • The Ghana Report Jobs Fair
Search
TGR SanboxTGR Sanbox
Font ResizerAa
Search
  • Home
  • News
  • Business
  • Entertainment
  • Sports
  • Election Data Center
  • The Ghana Report Jobs Fair
Have an existing account? Sign In
Follow US
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2026 The Ghana Report. All Rights Reserved.
Business

Scrap BOST margins to ease consumer burden – CEMSE to gov’t

Kofi Agyeman
April 13, 2026
SHARE

The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling for the immediate removal of margins allocated to the Bulk Oil Storage and Transportation Company (BOST) in the petroleum price build-up, as the government considers measures to reduce ex-pump fuel prices.

CEMSE argued that BOST now operates as a fully commercial entity and generates adequate revenue from its core services, including storage, transportation, and terminal operations provided to private sector players in the downstream petroleum industry.

The Executive Director of CEMSE, Benjamin Nsiah, told Citi Business News on Sunday, April 12, 2026, that the continued inclusion of BOST margins in fuel pricing places an unnecessary burden on consumers.

He also raised concerns about the underutilisation of BOST infrastructure, noting that several depots across the country remain idle despite existing capacity.

According to him, this situation undermines the justification for maintaining margins intended for infrastructure development and maintenance.

Mr Nsiah further questioned BOST’s operational spending, arguing that revenues from the margin have increasingly become an internal funding source rather than being directed toward expanding or improving critical petroleum infrastructure.

“BOST margin should be one of the margins considered by the government to be cut or scrapped from the build-up of petroleum products because BOST now operates as a commercial entity… BOST takes a service fee from private businesses, so they make money on their own,” he said.

He added that several depots remain underutilised, citing the Bolgatanga depot as an example.

“For example, the whole of last year’s products never went to the Bolga depot… if you have this infrastructure and you are underutilising them and continue to burden the Ghanaian petroleum consumer to pay for such margins to upgrade your infrastructure, what is its use?” he questioned.

Mr Nsiah further alleged that the margin has become a source of operational income used for administrative expenses rather than infrastructure expansion and maintenance.

“BOST margin now becomes an operational income… to increase their wages and engage in frivolous expenditure because of the free money that consumers give them,” he added.

The call comes after Cabinet reportedly directed the Ministers of Finance and Energy to implement a temporary suspension of selected taxes and margins over an initial four-week period to ease fuel price pressures on households and businesses.

However, sector think tank the Institute for Energy Security (Institute for Energy Security) has cautioned against scrapping the BOST margin, warning that such a move could undermine fuel supply security and hinder infrastructure expansion in the downstream petroleum sector.

Ghana is back in the bond market, but still on probation
Ghana records $4.2bn trade surplus for fourth quarter of 2025
Stabilise forex, review levies to ease fuel price pressure – Energy analyst
Africa must harness data to drive growth in AI economy
Economic activity grows 7.5% in Jan, pace slows year-on-year

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Copy Link Print
Previous Article Flexibility unlocks fresh sounds —Yng Bartels on music industry
Next Article Oil price tops $100 a barrel after peace talks fail and Trump orders blockade
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


							banner							
							banner

Recommended

Ankobra faces looming flood disaster without sea defence – Assembly Member
News
Pope says ‘tyrants’ speech was not aimed at Trump
World
Australia’s most-decorated soldier vows to ‘fight’ war crime charges
World
At least six killed in Kyiv as gunman opens fire and takes hostages
World
Rat poison found in HiPP baby food jar in Austria, police say
World

You Might also Like

Moody’s maintains Ghana’s rating at Caa1, revises outlook to positive

William Agyapong
William Agyapong
1 Min Read
Business

Mandatory local cargo insurance policy set to transform trade, boost local economy

Kofi Agyeman
Kofi Agyeman
4 Min Read
Business

Stronger cedi hurts exports, favours imports — Richmond Atuahene

William Agyapong
William Agyapong
2 Min Read

The Ghana Report delivers timely, reliable, and engaging news on politics, business, sports, and culture across Ghana and beyond.

  • Home
  • News
  • Business
  • Entertainment
  • Sports
  • Election Data Center
  • The Ghana Report Jobs Fair
  • ADVERTISE
  • ONLINE BESTHot
  • CUSTOMER
  • SERVICES
  • SUBSCRIBE
© 2026 The Ghana Report. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?