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Bulk Oil Storage and Transportation (BOST) Company Limited has signed a memorandum of understanding (MoU) with the Ministry of Education to sponsor 50 brilliant needy students in the impacted communities of the company to pursue Engineering and Computer Science Courses in seven public universities.

The sponsorship package according to BOST is Ghc1.5 million covering accommodation, tuition, a laptop and a stipend to support the 50 selected students to pursue their respective courses for four years.

Each of the selected students in the scholarship scheme gets Ghc7, 500 a year.

At the brief ceremony to officially sign the MoU, Mrs Harriet Amoah, Head of Legal and General Counsel of BOST said the decision of the company to enter into a partnership with the Ministry of Education to offer a scholarship to the students formed part of the company’s corporate social responsibility.

Mrs Amoah noted that it was the policy of BOST to give back to the communities within which it operates in diverse ways, by recognising the social and developmental gaps and being a leading force within the community.

According to BOST, the proposal of the Minister of Education Dr Yaw Osei Adutwum to train engineers, especially those in the impacted communities in the country sounded good to the company since it has tank farms across the various regions bearing the risks in the event of any explosion.

“To us, when the children of these communities remain poor, then the time may come in the future when they must feed and one quick way would be to punch a pipeline to get some oil to sell and that would result in the distraction of critical national infrastructure and the loss of lives.

BOST jumped on and quickly recruited 50 sons and daughters of the poorest of the poor in these impacted communities of BOST to be enrolled as part of the larger vision of the Hon. Minister for Education Dr Yaw Osei Adutwum to become better people to better their communities for the safety of BOST infrastructure and Ghana as a whole because joblessness is a national security risk in our view”, she said.

 

Scholarship Scheme                                        

On the 9th of December 2021, the Ministry of Education wrote to BOST to partner with it to provide scholarships to needy but brilliant students throughout the country to pursue Engineering and Computer Science Degrees/Courses at seven public universities in the country.

BOST responded positively in line with its CSR Policy on Education but insisted that such sponsorships from the company should go directly to its impacted communities in the country.

BOST together with the Ministry of Education went to all its impacted communities or areas (Kpone and Shai Osudoku Districts in Greater Accra Region, Lower Manya and Asuogyaman District in the Eastern Region, Kaasi Municipal Assembly in the Ashanti Region, Central Gonja District in the Savanna Region, Savelugu District in the Northern Region, West Mamprugu District in the North-East Region and Bolgatanga Municipal in the Upper East Region).

Over 200 candidates were screened in all the above-listed communities and 50 were deemed to have qualified to receive the BOST scholarship.

The selected students have started their schooling at the Tarkwa School of Mines.