Audio By Carbonatix
The Member of Parliament for Sekondi Constituency, Andrew Egyapa Mercer, has justified the government's proposed bill to merge the Volta River Authority (VRA) and the Bui Power Authority (BPA).
According to him, the merger of the two authorities is an absolute necessity.
In an interview on Joy FM’s Top Story on Tuesday, September 3, Mr Mercer explained that the merger under a sole 'Ghana Hydrological Authority' entity is intended to streamline the operations of the two authorities.
"At this point, the policy is to delink the thermal assets of VRA and let them focus on hydro, which was the objective of setting it up in the first place—to manage all the assets in the Volta River. That is why they have custody of Kpong because Kpong was done subsequent to Akosombo," he stated.
His comments come in response to strong opposition from the First Deputy Minority Whip in Parliament, Ibrahim Ahmed, who labeled the proposed merger as "state capture."
Mr Ahmed argued that the government's plan to consolidate thermal plants under a Ghana Thermal Authority and hydro plants under a Ghana Hydro Authority would not benefit the Bui Power Authority.
He also expressed concerns that listing these entities on the Ghana Stock Exchange could be a ploy to allow politically exposed individuals to acquire state assets.
However, Mr Egyapa Mercer refuted these claims, questioning the logic behind Ahmed's concerns.
"Does it require splitting the assets into two before? It is a complete ruse, a red herring with no basis whatsoever for that assertion," he stated.
Latest Stories
-
Humour at its finest at Kumasi Comedy Show
11 minutes -
Police Christmas special operation: 101 suspects arrested in Greater Accra
35 minutes -
15 arrested after sporadic shootings at Ho central mosque
48 minutes -
GES condemns alleged theft of food supplies at Awaso STEM SHS
1 hour -
DopeNation electrifies crowd at Joy FM’s Party in the Park
1 hour -
Philip Ayesu emerges as the 2025 Achimota Champion after beating Percival Kwadjo Ampoma
2 hours -
Support your own – Mr P tells Ghanaian artistes
2 hours -
Ghana EXIM Bank develops 5-year export-led growth strategy to drive trade expansion
2 hours -
Big Smiles, Bigger Bounces: Kids take over the fun at the Joy Party in the Park
3 hours -
Joy FM Party in the Park 2025: Kwabena Kwabena takes centre stage
3 hours -
Ghana-Nigeria cyber-fraud network dupes over 200 victims of $400,000
3 hours -
Tackling terrorism requires jobs and anti-corruption drive, not strikes alone – Nigerian security analyst
3 hours -
Terror attacks in Nigeria affect all faiths, not only Christians – Security analyst
3 hours -
$120,000 stolen from Ghanaian financial institution by hackers – INTERPOL
3 hours -
Modern security management defined by trust – IGP
3 hours
