{"id":8315,"date":"2022-09-15T13:48:35","date_gmt":"2022-09-15T13:48:35","guid":{"rendered":"https:\/\/expressnewsghana.com\/?p=8315"},"modified":"2022-09-15T13:48:35","modified_gmt":"2022-09-15T13:48:35","slug":"govt-wont-scrap-bost-margin-anytime-energy-minister-assures","status":"publish","type":"post","link":"https:\/\/expressnewsghana.com\/?p=8315","title":{"rendered":"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures"},"content":{"rendered":"

The Minister for Energy, Dr. Mathew Opoku Prempeh says the government has no plans of taking off the 6 pesewas Bulk Oil Storage and Transportation Company Limited (BOST) margin on petroleum products.<\/strong><\/p>\n

Government has in recent times come under fire to remove the BOST margin, to cushion petroleum product consumers against high fuel prices.<\/p>\n

Speaking at the 2022 Annual General Meeting of BOST, Dr. Mathew Opoku Prempeh said the BOST margin has come to stay.<\/p>\n

\u201cI can promise that the BOST margin on petroleum products is not being taken off anytime soon. We will use the BOST margin efficiently and effectively to protect the citizens of this country against the vagaries of private sector interest, which has always been about profit.\u201d<\/p>\n

The BOST margin was implemented on the price build-up in 2011 to cover the maintenance and expansion of infrastructure at the state company.<\/p>\n

In December 2019 it was increased to 6 pesewas from 3.<\/p>\n

Back then, stakeholders in the energy sector asked the National Petroleum Authority (NPA) to withdraw the increment.<\/p>\n

They argued that Ghanaians were already facing difficult times due to high petroleum price build-up and fuel prices.<\/p>\n

Taxes and levies contribute to almost half of the final ex-pump prices of fuel.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Minister for Energy, Dr. Mathew Opoku Prempeh says the government has no plans of taking off the 6 pesewas Bulk Oil Storage and Transportation […]<\/p>\n","protected":false},"author":1,"featured_media":6288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[1934,1936,1935,1128],"class_list":["post-8315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-bost","tag-energy-minister","tag-margin","tag-mathew-opoku"],"yoast_head":"\nGovt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures - Express News Ghana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/expressnewsghana.com\/?p=8315\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures - Express News Ghana\" \/>\n<meta property=\"og:description\" content=\"The Minister for Energy, Dr. Mathew Opoku Prempeh says the government has no plans of taking off the 6 pesewas Bulk Oil Storage and Transportation […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/expressnewsghana.com\/?p=8315\" \/>\n<meta property=\"og:site_name\" content=\"Express News Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/nyaaba.felix.3\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-15T13:48:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/FB_IMG_16554895878217E2-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FelixNyaaba3\" \/>\n<meta name=\"twitter:site\" content=\"@FelixNyaaba3\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315\"},\"author\":{\"name\":\"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#\\\/schema\\\/person\\\/6b5e797531449c1dcb8747e970ceab0c\"},\"headline\":\"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures\",\"datePublished\":\"2022-09-15T13:48:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315\"},\"wordCount\":209,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/expressnewsghana.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/FB_IMG_16554895878217E2-2.jpg\",\"keywords\":[\"BOST\",\"ENERGY MINISTER\",\"MARGIN\",\"MATHEW OPOKU\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315\",\"url\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315\",\"name\":\"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures - Express News Ghana\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/expressnewsghana.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/FB_IMG_16554895878217E2-2.jpg\",\"datePublished\":\"2022-09-15T13:48:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#primaryimage\",\"url\":\"https:\\\/\\\/expressnewsghana.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/FB_IMG_16554895878217E2-2.jpg\",\"contentUrl\":\"https:\\\/\\\/expressnewsghana.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/FB_IMG_16554895878217E2-2.jpg\",\"width\":720,\"height\":621,\"caption\":\"MINISTER FOR ENERGY, DR MATHEW OPOKU\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/?p=8315#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/expressnewsghana.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#website\",\"url\":\"https:\\\/\\\/expressnewsghana.com\\\/\",\"name\":\"Express News Ghana\",\"description\":\"Trust, Reliable & Timely\",\"publisher\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/expressnewsghana.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#organization\",\"name\":\"EXPRESSNEWSGHANA\",\"url\":\"https:\\\/\\\/expressnewsghana.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/expressnewsghana.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/EXPRESS-LOGO-2.jpg?fit=1080%2C617&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/expressnewsghana.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/EXPRESS-LOGO-2.jpg?fit=1080%2C617&ssl=1\",\"width\":1080,\"height\":617,\"caption\":\"EXPRESSNEWSGHANA\"},\"image\":{\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/web.facebook.com\\\/nyaaba.felix.3\",\"https:\\\/\\\/x.com\\\/FelixNyaaba3\",\"https:\\\/\\\/studio.youtube.com\\\/channel\\\/UC6BQ59pRrPXKInz_hRjM7kA\\\/editing\\\/images\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/expressnewsghana.com\\\/#\\\/schema\\\/person\\\/6b5e797531449c1dcb8747e970ceab0c\",\"name\":\"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5318cf3f7526a76cada79c018d0b5ce26f9ec93477be26e7805e0fc3db8e20ed?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5318cf3f7526a76cada79c018d0b5ce26f9ec93477be26e7805e0fc3db8e20ed?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5318cf3f7526a76cada79c018d0b5ce26f9ec93477be26e7805e0fc3db8e20ed?s=96&d=mm&r=g\",\"caption\":\"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732\"},\"sameAs\":[\"https:\\\/\\\/expressnewsghana.com\"],\"url\":\"https:\\\/\\\/expressnewsghana.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures - Express News Ghana","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/expressnewsghana.com\/?p=8315","og_locale":"en_GB","og_type":"article","og_title":"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures - Express News Ghana","og_description":"The Minister for Energy, Dr. Mathew Opoku Prempeh says the government has no plans of taking off the 6 pesewas Bulk Oil Storage and Transportation […]","og_url":"https:\/\/expressnewsghana.com\/?p=8315","og_site_name":"Express News Ghana","article_publisher":"https:\/\/web.facebook.com\/nyaaba.felix.3","article_published_time":"2022-09-15T13:48:35+00:00","og_image":[{"width":720,"height":621,"url":"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/FB_IMG_16554895878217E2-2.jpg","type":"image\/jpeg"}],"author":"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732","twitter_card":"summary_large_image","twitter_creator":"@FelixNyaaba3","twitter_site":"@FelixNyaaba3","twitter_misc":{"Written by":"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/expressnewsghana.com\/?p=8315#article","isPartOf":{"@id":"https:\/\/expressnewsghana.com\/?p=8315"},"author":{"name":"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732","@id":"https:\/\/expressnewsghana.com\/#\/schema\/person\/6b5e797531449c1dcb8747e970ceab0c"},"headline":"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures","datePublished":"2022-09-15T13:48:35+00:00","mainEntityOfPage":{"@id":"https:\/\/expressnewsghana.com\/?p=8315"},"wordCount":209,"commentCount":0,"publisher":{"@id":"https:\/\/expressnewsghana.com\/#organization"},"image":{"@id":"https:\/\/expressnewsghana.com\/?p=8315#primaryimage"},"thumbnailUrl":"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/FB_IMG_16554895878217E2-2.jpg","keywords":["BOST","ENERGY MINISTER","MARGIN","MATHEW OPOKU"],"articleSection":["Economy"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/expressnewsghana.com\/?p=8315#respond"]}]},{"@type":"WebPage","@id":"https:\/\/expressnewsghana.com\/?p=8315","url":"https:\/\/expressnewsghana.com\/?p=8315","name":"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures - Express News Ghana","isPartOf":{"@id":"https:\/\/expressnewsghana.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/expressnewsghana.com\/?p=8315#primaryimage"},"image":{"@id":"https:\/\/expressnewsghana.com\/?p=8315#primaryimage"},"thumbnailUrl":"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/FB_IMG_16554895878217E2-2.jpg","datePublished":"2022-09-15T13:48:35+00:00","breadcrumb":{"@id":"https:\/\/expressnewsghana.com\/?p=8315#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/expressnewsghana.com\/?p=8315"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/expressnewsghana.com\/?p=8315#primaryimage","url":"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/FB_IMG_16554895878217E2-2.jpg","contentUrl":"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/FB_IMG_16554895878217E2-2.jpg","width":720,"height":621,"caption":"MINISTER FOR ENERGY, DR MATHEW OPOKU"},{"@type":"BreadcrumbList","@id":"https:\/\/expressnewsghana.com\/?p=8315#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/expressnewsghana.com\/"},{"@type":"ListItem","position":2,"name":"Govt won\u2019t Scrap BOST margin anytime \u2013 Energy Minister assures"}]},{"@type":"WebSite","@id":"https:\/\/expressnewsghana.com\/#website","url":"https:\/\/expressnewsghana.com\/","name":"Express News Ghana","description":"Trust, Reliable & Timely","publisher":{"@id":"https:\/\/expressnewsghana.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/expressnewsghana.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/expressnewsghana.com\/#organization","name":"EXPRESSNEWSGHANA","url":"https:\/\/expressnewsghana.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/expressnewsghana.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/expressnewsghana.com\/wp-content\/uploads\/2021\/11\/EXPRESS-LOGO-2.jpg?fit=1080%2C617&ssl=1","contentUrl":"https:\/\/i0.wp.com\/expressnewsghana.com\/wp-content\/uploads\/2021\/11\/EXPRESS-LOGO-2.jpg?fit=1080%2C617&ssl=1","width":1080,"height":617,"caption":"EXPRESSNEWSGHANA"},"image":{"@id":"https:\/\/expressnewsghana.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/web.facebook.com\/nyaaba.felix.3","https:\/\/x.com\/FelixNyaaba3","https:\/\/studio.youtube.com\/channel\/UC6BQ59pRrPXKInz_hRjM7kA\/editing\/images"]},{"@type":"Person","@id":"https:\/\/expressnewsghana.com\/#\/schema\/person\/6b5e797531449c1dcb8747e970ceab0c","name":"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/5318cf3f7526a76cada79c018d0b5ce26f9ec93477be26e7805e0fc3db8e20ed?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5318cf3f7526a76cada79c018d0b5ce26f9ec93477be26e7805e0fc3db8e20ed?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5318cf3f7526a76cada79c018d0b5ce26f9ec93477be26e7805e0fc3db8e20ed?s=96&d=mm&r=g","caption":"For more information, please contact ExpressNewsGhana via email at expressnewsgh@gmail.com or WhatsApp at +233 0543 900 732"},"sameAs":["https:\/\/expressnewsghana.com"],"url":"https:\/\/expressnewsghana.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/posts\/8315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8315"}],"version-history":[{"count":1,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/posts\/8315\/revisions"}],"predecessor-version":[{"id":8316,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/posts\/8315\/revisions\/8316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=\/wp\/v2\/media\/6288"}],"wp:attachment":[{"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expressnewsghana.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}