We are still grappling with a 2.3 billion dollar debt, but dumsor is not coming back-Energy Minister assures

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Energy Minister, John Peter Amewu is assuring that even though the energy sector is still struggling with a debt of 2.3 billion dollars, that will not in any way affect power generation capacity in the country, adding that dumsor will not come back.

According to him, the current New Patriotic Party government inherited a debt of 2.8 billion dollars from the previous National Democratic Congress (NDC) administration, but have been able to reduce the debt to 2.3 billion dollars.

The Minister who addressed a press conference yesterday Monday November 26, 2018 to dilate on recent challenges being faced in the energy sector said ‘’this government has inherited quite close to 2.8 billion dollars of power sector debt and I think most of you have been aware of the ESLA and then the Bond issue that came to address some of these issues. As I speak, the last reconciliation that was done, the sector debt has declined from 2.8 billion dollars to almost about 2.3 billion dollars’’.

He continued ‘’so there is still a huge debt that needs to be settled, so yes of course the debt is there. ECG keeps on talking about its mounting debt but as you are aware again, the issues which has to do with the losses in the system have still not been totally resolved. Power theft, transportation and transmission losses, supply losses, losses generating from metering problems and our own issues as Ghanaians. Our inability to make sure that we adhere to the practices within the energy sector, stealing of power and power theft are all contributory factors to where ECG currently is’’

He assured that government will continue to put in place measures that will ensure the country does not fall back into the dark days of incessant and continued power outages.

Source: BestNewsGH.com


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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