John Dramani Mahama says the next government of the NDC will breathe a new life into the Tema Oil Refinery (TOR) through a joint private-public partnership.
Ghana’s troubled refinery, since 2017, when President Akufo-Addo assumed office, has had six different Managing Directors, with the hope of turning around the refinery, but none has succeeded.
At a meeting with players in the petroleum downstream sector in Accra, John Mahama said TOR would be given full attention under his next administration.
He said “We need to look again at how we can bring the refinery back in place. But I do think that the problems we have with running that refinery is because it is a state-owned enterprise.
“And we all know the inefficiencies that go with state-owned enterprises. So we are open to private partnership in terms of bringing that refinery back into operation and running it, but we think that whatever private partnership or private participation is invited, it must come through a transparent process.”
The ‘new’ TOR, he said would only be possible should Ghanaians vote for him and his party when they go to the polls on December 7, this year.
