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Home Business Agribusiness

We Are Ready to Fuel Ghana’s 24-Hour Economy – BOST MD

6 months ago
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  • We Are Ready to Fuel Ghana’s 24-Hour Economy – BOST MD

BOST Energies Limited says it is fully prepared to support the government’s 24-Hour Economy policy with the infrastructure and operational capacity required to ensure uninterrupted fuel supply across the country. The state-owned fuel storage and logistics company said it is ready to play a central role in the policy rollout by ensuring that industries, transport operators, public services and businesses that may operate beyond conventional working hours have reliable access to petroleum products.

Managing Director of BOST Energies, Afetsi Awoonor, said the company’s national storage and distribution infrastructure places it in a strong position to support the government’s economic transformation agenda.

The assurance comes as government prepares to scale up implementation of the 24-Hour Economy programme, which is intended to expand production, services and employment by encouraging selected sectors to operate around the clock. For such a model to work, energy reliability will be central.

Businesses that operate beyond normal hours will require dependable fuel supplies for logistics, backup power, transport, production and emergency services. Any disruption in petroleum supply could affect factories, cold-chain systems, haulage operations, public transport, hospitals, security services and small businesses that rely on generators during power outages.

BOST’s role is therefore strategic. As a national fuel storage and distribution company, its ability to maintain adequate reserves, manage logistics and support supply security will be critical to the success of a 24-hour economic model.

The company’s assurance also comes at a time when Ghana’s energy sector remains under scrutiny because of power reliability concerns, fuel supply pressures and wider questions about energy-sector financing.

Recent public debate has focused heavily on the need to stabilise the electricity value chain, improve fuel procurement, reduce power-sector arrears and strengthen energy-sector governance. Within that context, fuel availability becomes an important pillar of economic confidence.

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BOST’s readiness, if matched by effective execution, could support the government’s attempt to position the 24-Hour Economy policy as more than a political slogan. For the policy to generate real output gains, firms will need confidence that basic enabling systems energy, transport, security, labour, digital infrastructure and logistics can operate reliably across extended hours.

The 24-Hour Economy Authority Bill was passed by Parliament in February 2026 to provide the institutional framework for implementation. The legislation is expected to coordinate government agencies and private-sector actors, mobilise investment and align infrastructure and regulatory systems to support round-the-clock economic activity.

That coordination will be important because fuel supply is only one part of a wider operating environment. A 24-hour economy will also require reliable electricity, efficient ports, safe transport corridors, labour arrangements, security services, digital payments, warehousing and regulatory support.

For manufacturing firms, agro-processors, logistics companies and transport operators, fuel availability affects cost, reliability and planning. For small businesses, it can determine whether extended operating hours are commercially viable. For government, it will influence whether the policy can move from pilot activity into broader national adoption.

BOST’s assurance is therefore an important signal to businesses watching the rollout.

The deeper test will be whether Ghana can align its energy infrastructure with its economic ambition. A country cannot build a credible 24-hour economy on uncertain fuel supply, weak electricity reliability or logistics bottlenecks.

Tags: 24-hour economy policyAfetsi AwoonorBOST Energies LimitedManaging Director of BOST EnergiesWe Are Ready to Fuel Ghana’s 24-Hour Economy – BOST MD
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