News:
March 23, 2018
Former Deputy Minister of Energy and Member of Parliament for Yapei/Kusawgu, John Abdulai Jinapor, has warned that the current New Patriotic Party government is taking the country’s energy sector on the path of destruction.
According to the Yapei/Kusawgu legislator currently no provision has been made in terms of finance for Ghana Gas and it is indebted to the tune of $750 million and predicted that if nothing is done by the end of the year the debt could hit $1 billion dollars.
He further revealed that Ghana Gas is on its knees, all the supply made last year not even a pesewa has been paid.
Boost made a profit of 100 million Ghana last two years but they made a loss of 50 million Ghana cedis last year. We are having a terrible time, the energy sector we are dissipating money, for instance GNPC is expecting 1.6 million this year but they want to spend 4 billion, he remarked.
Mr. John Abdulai Jinapor further noted that GNPC had gone to sign an agreement for a supply of LPG for domestic and industrial use but has to spend $2 million to determine whether the agreement they sign is good or not whiles the agreement has not come to Parliament.
By: Kwaku Sakyi-Danso/ghanamps.com