• Latest
  • Trending
  • All
John Dramani Mahama

Mahama not responsible for NPP’s economic mess

September 22, 2022
Senco Developers

Top Building Construction companies in Ghana

January 31, 2023

NDC New Jersey charged to double up efforts towards winning power in 2024

January 30, 2023

GES Looking & Leapfrogging Into Menace and Mess – The Non-Operational Externality

January 29, 2023

Invest in our Property Development Projects in Ghana

January 29, 2023

Police arrest four suspects for robbery and murder at Wassa Agona

January 29, 2023

Ablekuma Central MP Donates Food Items Towards 2023 Greater Accra Maulid

January 28, 2023
Image credit: Daily Graphic

FDA investigates and suspends Yellow Sisi operation

January 28, 2023
The suspect

Police arrest one person in connection with murder and violent disturbances in the Ashanti region

January 27, 2023
Image credit: Daily Graphic

Waakye Kills 5: Suspected food poisoning, 40 others affected

January 27, 2023

GAF embarks on measures to deal with unauthorised use of military regalia

January 27, 2023
Ken Ofori-Atta - Finance Minister

Government reaches agreement with Ghana Insurers Association on DDEP

January 27, 2023

Pre-tertiary unions express disappointment over default in GESOPS payment

January 27, 2023

DCFO Gibril bows out of service after over 3 decades

January 27, 2023
Image credit: Shutterstock.com

GES commiserates with family of drowned pupils

January 27, 2023
President Akufo-Addo

Akufo-Addo appoints new Chief of Air Staff

January 27, 2023

75 BECE 2022 Candidates’ Entire Results Cancelled By WAEC.

January 26, 2023
Cassiel Ato Forson

I feel honoured and humble… – Dr Forson

January 26, 2023

WAEC releases 2022 BECE results

January 25, 2023
Dr Cassiel Ato Forson

60 NDC MPs reject change in leadership

January 25, 2023

640 nationwide fire recorded from Jan. 1 to Jan. 23

January 25, 2023

A profitable water factory for sale at Sunyani

January 25, 2023
ndc

NDC make massive change in Parliamentary leadership

January 24, 2023
Kissi Agyebeng - Special Prosecutor

OSP charges Northern Development Authority CEO and his deputies

January 24, 2023
Image credit: Shutterstock.com

GWCL resorts to Water Demand Management to ensure equitable distribution of the water

January 24, 2023
Ken Ofori-Atta - Finance Minister

Government reaches agreement with banks on new terms for debt exchange program

January 24, 2023
  • All News
  • About Us
  • Advertise
  • AMN Research
  • My Story
  • Vovoli TV
Tuesday, January 31, 2023
  • Login
Awake News
Advertisement
  • News
    • Crime
    • Peace & Security
    • Diaspora
    • Press Release
    • Photos
    • Videos
    • Religion
  • Business
    • Agriculture
    • Finance
    • Energy
    • Telecom
    • Economy
    • Travel
    • Mining
    • Oil & Gas
    • Tourism & Hospitality
    • Real Estate
    • Transport
  • Politics
    • Awake Election Watch
    • NDC News
    • NPP News
    • CPP News
    • Opinion Polls
    • Elections
    • Flagbearers
  • Education
  • Health
  • ShowBiz
    • Celebrities
    • Concert
    • Fashion
    • Music
    • Lifestyle
  • Sports
    • Football
    • African Football
    • European Football
    • Basketball
    • Athletics
    • Boxing
    • Disability Sports
    • Tennis
    • Other Sports
  • Features
    • Opinions
    • Speeches
    • Poem
    • Interviews
    • Inspirations
    • People
    • People & Culture
No Result
View All Result
  • News
    • Crime
    • Peace & Security
    • Diaspora
    • Press Release
    • Photos
    • Videos
    • Religion
  • Business
    • Agriculture
    • Finance
    • Energy
    • Telecom
    • Economy
    • Travel
    • Mining
    • Oil & Gas
    • Tourism & Hospitality
    • Real Estate
    • Transport
  • Politics
    • Awake Election Watch
    • NDC News
    • NPP News
    • CPP News
    • Opinion Polls
    • Elections
    • Flagbearers
  • Education
  • Health
  • ShowBiz
    • Celebrities
    • Concert
    • Fashion
    • Music
    • Lifestyle
  • Sports
    • Football
    • African Football
    • European Football
    • Basketball
    • Athletics
    • Boxing
    • Disability Sports
    • Tennis
    • Other Sports
  • Features
    • Opinions
    • Speeches
    • Poem
    • Interviews
    • Inspirations
    • People
    • People & Culture
No Result
View All Result
Awake News
No Result
View All Result
Home Press Release

Mahama not responsible for NPP’s economic mess

Awake News by Awake News
September 22, 2022
in Press Release
A A
0
John Dramani Mahama

John Dramani Mahama

58
SHARES
641
VIEWS
ShareShareShareShareShare

RelatedNews & Articles

GAF embarks on measures to deal with unauthorised use of military regalia

Pre-tertiary unions express disappointment over default in GESOPS payment

GES commiserates with family of drowned pupils

The attention of the Minority in Parliament has been drawn to a Daily Guide publication with the headline “Mahama Energy Sector Agreements Drowning Ghana-World
Bank”

Senco Global Developers Senco Global Developers Senco Global Developers
ADVERTISEMENT

A careful reading of the story will reveal that at no point did the World Bank country director mention or blame the former President for the current economic mess the country finds itself.

This deliberate misrepresentation and spin on an otherwise cautious statement from the World Bank can only be the handiwork of an NPP tabloid at the behest of a misguided, confused and
clueless government that has lost its way in finding solutions to the current
hardship the ordinary Ghanaian is facing.

On the contrary, the caution from the World Bank only goes to confirm our longstanding warning on the unnecessary political interference, corruption and mismanagement of the Akuffo-Addo/Bawumiah led government in the energy
sector since assuming office.

Adverts:- Land for Sale at Oyibi, Adenta, Ayi Mensah, Oyarifa. House for sale at Spintex, Oyarifa - CLICK HERE

Not long ago the Vice-President, Mr Bawumia at an official
programme stated that his government has paid a whopping GHS17 billion cedis in so-called excess capacity payments, today we are being told the figure has metamorphosed into GHS12 billion cedis.

It will be recalled that the Minister for Finance, Mr Ken Ofori-Atta appearing before Parliament to answer questions made claims that government has paid a total of $937.50 million to Independent Power Producers (IPPs) as excess capacity charges between 2017
and 2020, and this figures was inclusive of power
and Gas supplied as well as payment for the mandatory 20% reserve margin.

These contradictory and inconsistent figures can only come from a very confused and dishonest government.

For the records, the NDC handed over a vibrant, well resourced and functioning energy sector to the NPP without Dumsor (as corroborated by Dr. Bawumiah
himself in a joy fm interview and very recently by the Majority Leader, Hon Osei Kye Mensah Bonsu) ref: https://www.ghanawish.com/mahama-solved-dumsor-
but-deserves-no-credit-for-that-bawumia-video/).

We also handed over the
energy sector levies to the NPP Government which has accrued over GHS24 billion cedis in revenues. The critical question to the NPP Government is what has happened to the promise of scraping ESLA, a levy that has since been increased by over 30% under this administration.

We also wish to place on record that the OCTP Gas field has been supplying over 210MMscf of gas im recent times which is far above the contractual volume of 170MMscf. Therefore, the narrative that the Government is paying for unutilised gas from
the field is therefore false and cannot be substantiated.

In the Power sector, the Aggregate Technical, Commercial and Collection (ATCC) losses have risen from 21% under Mahama to over 30% under the Akufo-Addo/Bawumia government. Payment for these huge losses by Government does not, and cannot amount to excess capacity payments.

We wish to state emphatically that Ghana is in this current mess because of mismanagement, corruption and political interference in the energy sector (Example: PDS, Ameri, BOST, TOR, AKER etc scandals) by the Akufo-
Addo/Bawumiah led Government.

Rather than taking pragmatic steps towards solving the economic hardship that the ordinary Ghanaian is experiencing with inflation skyrocketing, the Bawumia-led Economic Management Team has decided to use the little resources at Ghana’s disposal to engage in unnecessary and constant vilification of the former President through their assigns and hirelings.

President Akuffo-Addo must note that the fixation on tarnishing the image of Mr. Mahama will not solve the economic problems of Ghana.

Government needs to stay focused and work towards the ensuring better lives for Ghanaians.

Signed
John Jinapor
Ranking Member; Mines and Energy Committee

Tags: John Mahama
Do you have any article or news or story leads? Let Awake News energize that story for you. Send them to editor@awakenewsroom.com or WhatsApp: +233249155003 ========================
Awake News

Awake News

Awake News, a comprehensive and objective media. We in the print media and online. With our principles: if it has not occurred, it must not be reported made our portal a preferred source for accurate information. Contact the Online Editor via awakenewsonline@gmail.com

Related Posts

Mahama and Akufo-Addo
Politics

Akonta Mining: you’ve just affirmed the dishonourable ‘Clearing Agent’ tag – Mahama stings Nana

by Efo Korsi Senyo | Executive Editor
January 10, 2023
John Mahama
Opinions

Mahama for 2024 campaign series #12

by Anthony Obeng Afrane | Columnist
January 5, 2023
Politics

Economic hardship: Set priorities right, suspend plans to build offices for MPs – Mahama tells Akufo-Addo

by Efo Korsi Senyo | Executive Editor
November 7, 2022
John Mahama
Opinions

Mahama’s contribution to the petroleum sector

by Anthony Obeng Afrane | Columnist
October 6, 2022
Politics

RE-Mahama cut sod for Bolgatanga-Bawku-Pulmonkom Road three time

by Muhammed Faisal Mustapha | Journalist
September 28, 2022
  • Trending
  • Comments
  • Latest
Image credit: Daily Graphic

Waakye Kills 5: Suspected food poisoning, 40 others affected

January 27, 2023

SAD: Rashida Black Beauty Goes Naked Again With Houseflies (Video)

July 22, 2017
John Dramani Mahama

Some achievements of John Mahama as President of Ghana (2012-2016)

August 16, 2020
Senco Developers

Top Building Construction companies in Ghana

January 31, 2023

NDC New Jersey charged to double up efforts towards winning power in 2024

January 30, 2023

GES Looking & Leapfrogging Into Menace and Mess – The Non-Operational Externality

January 29, 2023

RSS Properties for Sale

  • Prampram, Perfect Settlement – Genuine Plots January 24, 2023
  • Comm.25, Settle For The Best – Buy Genuine Lands January 24, 2023
  • Prampram, Ready To Move In? Buy Certified Lands January 24, 2023
  • Dawhenya, Acquire Genuine Land Get Great Packages January 24, 2023
  • Genuine Plots at Reasonable Price for sale at Prampram January 24, 2023
  • Land for sale at Dawhenya January 24, 2023
  • Pay less, own a plot of land at Prampram January 24, 2023

Vovoli TV

ADVERTS

Awake News

News Production & Advertising

Awake News is published by AM Network which seeks to give readers balanced and credible news from across Ghana and the world. We focus on giving our reader the reason to return to our portal for any news and why advertiser must place their ads on our portal...read more

Services

  • My Story
  • Advertise With Us
  • AMN Research
  • Contact Us
  • Vovoli TV
  • Awake Investigates

Partners

  • SenyoMart
  • GoPropertyLink.com
  • Senyo Global Solutions
  • FNN24.com
  • LoudSilenceRadio.com
  • GHface.com
  • myxyzonline.com
  • SenyoHost.com

 


Do you have any article for publication? Are you an eyewitness? Submit your stories and articles now via awakenewsonline@gmail.com or WhatsApp: +233249155003

  • All News
  • About Us
  • Advertise
  • AMN Research
  • My Story
  • Vovoli TV

Copyright © 2012-2020 | Awake News

No Result
View All Result
  • Vovoli TV
  • All Latest News
  • News
  • Politics
  • Education
  • Business
  • Health
  • Sports
  • Opinions
  • Entertainment
  • Press Release
  • My Story

Copyright © 2012-2020 | Awake News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In