Audio By Carbonatix
The Information Minister Kojo Oppong Nkrumah has assured that the PDS saga will not affect Ghana’s relationship with the United States of America.
According to him, there were no crises of confidence between the two countries instead, both countries shared varied opinions on the matter.
“We will continue to cooperate on many other development matters as we have them,” he said at a press briefing, Wednesday.
This comes after the government terminated the deal with the Power Distribution Services, despite stiff opposition from the U.S.
This termination came through following government’s insistence against the US government which insisted that the PDS concession should be sustained in order to save the $498 million compact with the Millennium Challenge Account.
Mr Oppong Nkrumah stated both countries only had a difference in opinion on the PDS matter and that would not hamper their relationship.
However, he mentioned that there is a possibility that the termination of the PDS contract will affect Compact 3.
He revealed that part of the pressure received was that if Ghana failed to agree to maintain PDS, the country will not be included in Compact 3.
Ghana has lost a $190 million granted by its US partners as part of a power concession agreement. A statement from the US embassy Tuesday said the Millennium Challenge Corporation (MCC) has confirmed that the money is no longer available after Ghana decided to terminate the concession agreement with Power Distribution Services (PDS).Meanwhile. the Information Minister has stated that government will continue to engage in this and other matters tied to this concession agreement.
Latest Stories
-
Nollywood special effects artist, James Akaie dies on set following gas explosion
21 minutes -
27-year-old sentenced to seven years for pouring acid on former student
47 minutes -
Ghana’s US envoy links job creation to ending youth deportations
1 hour -
Blair and Rubio among names on Gaza ‘Board of Peace’
2 hours -
Minister calls for inter-ministerial force to fix Accra’s rush-hour transit crises
2 hours -
Sarkodie’s Rapperholic UK edition sells out Royal Albert Hall
3 hours -
Academic exodus: Ghanaian PhD students in UK forced to withdraw as Scholarship Secretariat fails to pay fees
3 hours -
Antoine Semenyo’s £65m Manchester City switch sparks discussions in UK Parliament
4 hours -
Transport crises, Prof. Frimpong-Boateng v NPP and LGBTQI issues take centre stage on Joy Prime’s ‘Prime Insight’
5 hours -
Ghana Navy busts major fuel smuggling syndicate along Volta coast
5 hours -
Karaga MP donates 4,000 gallons of fuel to boost livelihoods in New Year outreach
6 hours -
GIPC CEO engages European Parliament delegation on Ghana’s investment reforms
6 hours -
Oppong Nkrumah, 5 others didn’t accept campaign support from Bryan Acheampong – Pius Hadzide backtracks
7 hours -
BoG rejects market speculation, emphasises data-driven policies
7 hours -
BoG targets consolidation, discipline in 2026 policy direction
7 hours
