Tema Oil Refinery Hits $2.9M Revenue in March, Signaling Major Turnaround

The Tema Oil Refinery (TOR) in Ghana recorded $2.9 million in revenue in March 2025—its highest in three years—surpassing its monthly target by 150.2%, according to its internal newsletter.

This financial milestone is credited to reforms led by new Managing Director Dr. Yusif Sulemana, with dedicated efforts from departments such as Commerce, Finance, and Maintenance playing key roles. The success reflects a strong internal reset and aligns with President John Dramani Mahama’s broader agenda to revitalize national institutions.