The Board and Management of Ghana Oil Company Limited (GOIL) has fixed April 25 for its 2018 Annual General Meeting (AGM).
A notice of the GOIL’s 49th Annual General Meeting of the shareholders available to the Ghana News Agency indicates that the GOIL Board of Directors would receive the 2017 Accounts.
The Board would also propose the acceptance of the 2017 Accounts as the true and fair view of the state of affairs of the Company for the year ended December 31, 2017 and of its performance for the year then ended.
The Board would also authorise the Directors to fix the remuneration of the Auditors in accordance with Section 134 (6a) and Section 134 (11a) of the Companies Act 1963, Act 179.
The Board would also request from members their approval to fix the remuneration of the Auditors, and the Directors.
Meanwhile, Mr Patrick Akpe Kwame Akorli, Group Chief Executive Officer of GOIL in an interview with the GNA commended the “cherished customers,” for their loyalty to the GOIL brand.
“As the foremost indigenous Ghanaian Oil Marketing Company (OMC), GOIL is proud of its achievements. We are now the country’s leading OMC.
“We have been recognized by the Ghana Investment Promotions Centre, (GIPC); the Chartered Institute of Marketing Ghana, (CIMG); Association of Ghana Industries, (AGI); Ghana Entrepreneurs Association, and many other prestigious bodies and national organizations.
“We have achieved these without sacrificing health and safety standards as well as the quality of our products. GOIL means business and we have taken a significant step in attaining ISO certification and ratification,” he said.
Mr Akorli who is also the GOIL Managing Director explained that the future looks bright as GOIL takes giant steps in expanding aviation fuel facilities, investing in Bunkering storage, and the building of Liquefied Natural Gas and Bitumen plants.
“We believe that with the continued support of Ghanaians through the use of their purchasing power, GOIL will continue to grow to become a successful Multinational Oil Company,” he said.