Audio By Carbonatix
Minister for Energy John Jinapor has revealed that the Electricity Company Ghana (ECG) currently has containers full of materials, including transformers stuck at the port, costing the power distributor billions of cedis.
According to the Minister who was responding to questions on the current power cuts, some of these items are transformers, which will help deal with many overloaded transformers across the country that must be changed.
Mr Jinapor explains that some of these items have a life span of 10 years, but five of this duration have been wasted locked up at the ports.
“When we took over, I visited the Tema Harbour and found about 3,000 containers stuck there, most of which contain transformers. As of today, ECG has a total liability of 13 billion cedis from supplies, with demurrage alone projected to reach GH₵1.5 billion by the end of 2024,” he stated.
The minister further revealed that the Ministry of Energy had awarded contracts worth GH₵6 billion without commencement certificates in 2024, despite its total budget for that year being under GH₵ 2 billion cedis. ECG’s supply commitments in 2024 alone amounted to GH₵ 9.7 billion cedis.
“These are the facts,” he emphasised.
Mr Jinapor assured that the government would take decisive action to resolve these issues and ensure the efficient use of resources in the energy sector, adding that the Energy Ministry has set up a committee to investigate procurement anomalies and breaches.
Latest Stories
-
‘We had people come just to see it’: Amazon delivers its first UK parcels by drone
55 minutes -
French professor investigated for awarding himself fake prize
1 hour -
Former OpenAI board member says Elon Musk offered her sperm donations
1 hour -
German tourist wins payout after losing sun lounger race
1 hour -
Iran considering US proposal to end war, official says
2 hours -
Injury row, yacht trip & petition – what’s going on with Mbappe?
3 hours -
Neymar apologises for slapping teenager Robinho Jr
3 hours -
Birmingham City to host Barcelona in pre-season friendly
4 hours -
Chelsea owners face moment of reckoning amid fan backlash
4 hours -
Piqué given two-month ban after row with referee
4 hours -
Our World Cup host ‘is Fifa, not Trump or America’ – Iran
4 hours -
Mexico players given World Cup training ultimatum
4 hours -
UK Fire Aid donates fire tender, equipment to GNFS to boost emergency response
4 hours -
Man’s hand severed in cutlass clash at Akyem Nkwanum
5 hours -
McIlroy ‘more motivated than ever’ before return
5 hours