You are here: HomeNews2013 02 13Article 264915

Breakdown costs TOR $63M in 7 months

This article is closed for comments.

Read Comments Comments (57)

  • Pontius Pilate 11 years ago

    you don't mean it. who runs a refinery and incur losses. no contigency plans to replace parts? if you need funds the banks are there. don't think our taxes are ready for this joke please!!

  • kofi.Atta 11 years ago

    WHY ALWAYS NO MONEY; NO WORK; NO MAINTANCE WHILE THIS COMPANY HAS BEEN WORKING SINCE INDEPENDANCE

  • Theo 11 years ago

    Ndc is destroying Ghana.

  • Yo man 11 years ago

    It only made profits under Rawlins,But since NPP,s corrupt kufour it did not make a cent!

  • AAA 11 years ago

    aboa dwan, when will you grow up.

  • john comey 11 years ago

    ur a garbage a mental man,under kuffours regime clude oil was over abundant.now u cant even get kerozine to bye for 4yrs,rawlings animals.

  • SGT ANANI FIADZOE 11 years ago

    Is this what made NDC claimed the majority people of Ghanaians voted for
    Mahama and his NDC in the last elections? Is this what made Asiedu-Nketia claimed in his recent press that NDC will not leave Government machinery to g ...
    read full comment

  • Mahmoud 11 years ago

    Corruption will not allow any state owned company to function in Ghana. From the common man on the street to the man at the top know that TOR is highly corrupt.

    In fact it not easy for an outsider to gain employment in th ...
    read full comment

  • MENSAH 11 years ago

    So,is the only GHANA'S OIL REFINERY RUNNING AT A LOSS?THIS IS A SHAMEFUL THING.So is MAHAMA giving it to the CHINESE to run it?
    NDC STUPID FOOLS.WE NEED NPP TO RULE.

  • DAN 11 years ago

    The americans or brits can profit with it!

  • OSEI TAWIAH 11 years ago

    Foolish Ghanaians, I told you so, you used your hearts to vote for Mahama and NDC, now you will have to use your brains to fight them.

  • MENSAH 11 years ago

    THAT'S ALL.Ghana has been so naive in their decision making.If NANA ADDO does not win this court case,GHANA WOULD BE IN TOTAL MESS.

  • SWASG 11 years ago

    OSEI UR RIGHT

  • Paul 11 years ago

    The blackman is not capable of ruling Africa,I pray God give us another leader like Dr. Kwame Nkrumah to rule us again.no Ghanaian leader can be compared to Nkrumah

  • The Mask 11 years ago

    LOL he was taking you into Communism. He stole the farmers coco money from the harvest. Learn the truth of this man. You would not have the freedom you have had he remained.

  • Nii Kootse. 11 years ago

    . . .and what have you done with all the freedom? ? ? Yen kye ndi? ? ?
    Official Stealing, Armed Robbery, Celebrities Prostitution/Pornography.
    Religious Chicanery, Mismanagement plus all the vices called evil!
    Now we no ...
    read full comment

  • John 11 years ago

    Nkrumah gave your father and all your relatives FREE EDUCATION and FREE MEDICAL CARE.

  • Paul 11 years ago

    God bless you my brother Nii Kootse.U have said it all.

  • Paul 11 years ago

    U can call him whatever but remember the good things he did which no Ghanaian leader achievement can be compared to,he built sooo many factories our useless leaders came and sold all,the Akosombo Dam,when he was building t ...
    read full comment

  • Appiah 11 years ago

    Please get your facts right and do not wilfully blinded by unmitigated propaganda with regards to the construction of Akosombo Dam - the complaint was why should we allow bauxite to be imported into Ghana as part of the deal ...
    read full comment

  • nana kwadwo 11 years ago

    hmmm aimless and vision less leadership cause break down of many companies

  • Akua 11 years ago

    Kwesi Pratt tell Mahama to give them the funds instead of spending on judgement debt.This is a joke.Ghana we have long way to go.

  • Don Blunt 11 years ago

    What did TOR do with the money when they were "making 300,000 Dollars a day"? As Kwesi Pratt claims?
    Honestly, EVERY Ghanaian abuses his Position to steal, to the disadvantage of "Government".

    European Schoolboys can eve ...
    read full comment

  • Before & After 11 years ago

    TOR is incompetent. Waste of taxpayers money. Those at the top of that inefficient company should be fired and replaced with more competent people. Why do such institutions be politicized? They employ their cronies to work in ...
    read full comment

  • Lone Ranger 11 years ago

    Caption should have read "Idleness costs TOR S63M in 7 months"

  • Osei Yao 11 years ago

    WHAT MANAGEMENT IS THIS? THEY DO NOT SEEM TO PLANT FOR SIMPLE WEAR AND TEAR OF THE PLANT. IS IT THE CASE THAT,LIKE GHANA AIRWAYS, THEY MANAGEMENT IS RUNNING DOWN THE REFINERY IN PREPARATION FOR SELL OFF?

  • TOR 11 years ago

    Dr Dorku of TOR is the cause of all this lost.

  • KODWO 11 years ago

    This is how we spend Ghana's money.

    Woyomi's $54M plus the cost of the 45 new constituencies plus the increase in MPs Pay, plus the GC50k rent allowance for MPs, etc., could have been used to replace these equipment and b ...
    read full comment

  • ADAMA 11 years ago

    GHANA IS IN TROUBLE. BAD CORRUPT NDC LEADERSHIP IS KILLING GHANA

  • Kwesi 11 years ago

    The BIG question is how much cash would we as a nation have lost even when they were producing. Let compare and see which option is the best.

    Even when they are producing they make huge losses. WHY!!!!

  • Proud Pepeman. 11 years ago

    THE MANAGEMENT THAT RUN T.O.R DOWN ARE STILL THERE. THIS PROBLEM IS DELIBRATE. THE NIGERIANS HAVE SHOWN THEIR GHANAIAN COUNTERPARTS THE WAY TO LIFT OIL AND MAKE MONEY. FIRST AND FOREMOST MAKE SURE YOUR REFINERY DOESN'T WORK. ...
    read full comment

  • nana yaw annan 11 years ago

    You are spot on with the issue at hand. So long as licenses are issued for refined crude oil to be imported into the country, TOR will never work. The only other alternative is to privatize TOR. Same with the Management of th ...
    read full comment

  • Paul 11 years ago

    Proud Pepeman. u have said it all,i have been saying this several times nigerians will do us(Ghana) no good,we should not associate with them,if God don't permit they will introduce kidnapping to GH.

  • kwei 11 years ago

    Blame kojo tsikata and his ewe mafia

  • Concern 11 years ago

    We can pay as much as 51m to only one person in the name of JD while allowing institutions that serve the whole nation to stay idle. Where do we place our priorities as a nation? With what mentality are those in charge have? ...
    read full comment

  • Speedy Gon zalis 11 years ago

    Guys, what this simply means is that Ghanaians are fearful of firing incompetent leaders. If the Director of the Refinery has no contigent plans, foresight or vision for maintenance, repairs or refurbishing the plant he needs ...
    read full comment

  • Kc 11 years ago

    All the people involve in the management of TOR should be ashamed and sacked with immediate effect. This is sad for the people of our beloved country. Shame on NDC.

  • Paul 11 years ago

    We should fire them and bring in white men to manage it,it seems we blacks are not capable of managing our own affairs.it is sometimes sad to be from the black race,any way i'm a proud Ghanaian but am only telling the truth.

  • selira 11 years ago

    Is this a little trick to increase fuel prices and destroy the good economy that is in a very good progress?

  • DAN 11 years ago

    in usa, the been screwing you people for long time..Even $3.55 in usa is destroying the economy when you got to fill tank and it cost $60

  • adongo philip 11 years ago

    Why shd people of Ghana destroy de ctry to dis extent, fire dem if not competent

  • AMARIYA 11 years ago

    When it comes to priority, the government does not get it right. The government Ghana government in not in tune with times. Gone were those days, when it was tactically right for every state to have its own refineries. Todays ...
    read full comment

  • nanasei 11 years ago

    www.ghanatvlive.blogspot.com

  • Ibn Batuta 11 years ago

    The government has no business running an oil refinery. Most state run companies are inefficient largely because most of the political appointees are not suited to run such companies. There will be be endemic corruption, nepo ...
    read full comment

  • KWAME AMPONSAH 11 years ago

    When the gov't cronies are making millions of cedis by importing refined fuel, why will they be bothered to import crude for refinement here. Anyway, we are still paying and the gov't is still collecting TOR recovery debt - W ...
    read full comment

  • KWADWO ATLANTA, GA USA 11 years ago

    IF MY BELOVED AND WITH ALL SINCERITY AND RESPECT PRESIDENT JOHN MAHAMA COULD NOT RESOLVE SUCH A SINGLE MECHANICAL ISSUE THEN, TOR BEING A STATE-RUN UNIT, WHAT MAKES YOU US THINK HE CAN DO THAT NOW. GHANAIANS NEED TO VOTE THE ...
    read full comment

  • Abba 11 years ago

    THAT IS GHANA NDC. THE NATION SHOULD PREPARE FOR THE WORSE. EVEN THE CHINESE GALAMSEY OPERARERS HAVE STARTED DESTROYING OUR LAND AND OUR WATERS.

  • Benny 11 years ago

    It has to be repaired. We use money to incure money. It is high time Ghana contact the rich oil state to help solve this problem. Contact venezuala if need be to do this work. Once we have oil this revamp such be repaired. Th ...
    read full comment

  • Paul 11 years ago

    I agree with you Benny.

  • JANE, TEMA 11 years ago

    The Government should be bold and take steps to partner others to run TOR since from all indications it cannot run TOR alone.

  • JANE, TEMA 11 years ago

    The Government should be hold and take steps to partner others to run TOR since from all indications it cannot run OR alone.

  • Adjoa Msreyame 11 years ago

    I can't very angry at how some Ghanaians continue to remain incompetent at their public positions. How a crucial economic operation such TOR can be allowed to idle, just BOGGLE MY MIND. Who are these people running the busine ...
    read full comment

  • Theo 11 years ago

    That foolish MD called Ampiah has run TOR to the ground. Mahama should fire him immediately

  • Abrante 11 years ago

    The only solution for this problem is to privatise it. Look at how great telecommunication has become since it was privatised and opened to many companies. MTN,Vodafon etc. The same will happen to the rifinery industry if we ...
    read full comment

  • anayomi 11 years ago

    THEY WILL DRIVE TOR TO GO UNDER IT IS JUST A MATTER OF TIME

  • KNYC (USMC) 11 years ago

    GHANA a country of BACKWARD leaders.All they know is useing BIG english without making sense. Lack of management, can't even manage a toothpick factory. What do you expect? Vote NDC for better Ghana.

  • Teye m 11 years ago

    Stop the blaming of others and find appropriate and efficient way to resolve the problem.the refinery is back bone of Ghana's economy and must be treated as such.