Obeng Boateng's reign as BOST Managing Director has been dogged by one controversy and another relating to the sale of contaminated fuel to some private organisations.
A letter signed by the Executive Secretary to the President, Nana Bediatuo Asante said Mr Obeng has until Friday, June 8, to hand over to one George Mensah Okley.
Obeng has come under intense pressure to resign following the exposé that BOST had sold 5 million liters of contaminated fuel to two unlicensed companies, Zup Oil and Movenpiina Oil.
He has been cleared of any wrongdoing by the Bureau of National Investigations (BNI) and National Security in the controversial sale of five million litres of off-spec fuel.
The MD came under attack over the decision to sell five million litres of contaminated fuel to Movenpiina, a company said to have been incorporated barely a month after it negotiated the deal with BOST and without NPA license.
The investigations also established no direct relationship between MD of BOST, Alfred Obeng, and Movenpiina.