Ghana: Unity Oil CEO Development Call for Emerging Fuel Markets
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Monday, 19 October 2009 |
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The Chief Executive Officer of Unity Oil Company Ltd, Mr Kwame Kyei
Baffuor, has called on the government to give more priority and
opportunities to the Ghanaian business community in the development of
the country’s emerging oil industry.
The Unity Oil CEO said the failure on the part of policy makers to
encourage indigenous businessmen and women to invest in the local oil
industry and provide job opportunities to the youth could cost the
country incalculable damage in future. That was because foreign
investors who took a stake in the country’s economy would certainly
repatriate their profits.Mr Kyei Baffour made the call in an interview
after receiving the Gold award as the best oil marketing company in the
energy category of the sixth annual Ashanti Business Excellence award
held in Kumasi.
The award scheme was organized as part of the 10 anniversary of the
enstoolment of Otumfuo Osei Tutu II as Asantehene. The Unity Oil
Company has operations in Ashanti, Brong Ahafo, Greater Accra and
Western region. Mr Kyei Baffour underscored the need to avoid
politicizing the development of the oil industry. Rather, he said,
matters relating to the emerging oil industry should be managed and
organized from the professional perspective to ensure that the best was
delivered to the country.
PetrolWorld 121009 Source : Ghana News
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