Audio By Carbonatix
Vice President Dr Mahamudu Bawumia has disclosed that the Pwalugu Multipurpose dam project is facing financial challenges.
According to him, this is what has resulted in the long delay in its construction.
Dr Bawumia revealed this on Wednesday, November 2, at the launch of the Northern Development Authority’s five-year strategic plan in Tamale.
However, he said government is committed to the project and will look for funds for its construction.
“Even though the project is facing financial challenges, we are determined to find the resources to complete the construction of the dam.”
President Akufo-Addo cut sod for the construction of the Pwalugu Multipurpose dam project in 2020.
It was to be funded with a Sydohydro facility of $993 million.
The project, awarded to China Power International group, was scheduled for completion four years after the sod cutting.
The project was aimed at addressing the perennial flooding associated with the spillage of the Bagre dam from neighbouring Burkina-Faso and also providing 60MW and 50MW of hydro and solar electricity respectively.
But physical construction of the project at Kurugu in the North East Region is yet to commence after two years and ten months into the project's execution period.
Latest Stories
-
Wacam demands investigation into officials after JoyNews galamsey extortion exposé
48 seconds -
New VAT won’t spike prices – GRA hits back at Abossey Okai traders
13 minutes -
GRA cracks down on VAT defaulters with new enforcement team
24 minutes -
GREY launches first community education project focused on dignity and access
25 minutes -
What gold and copper tell us about the new logic of mining investment in Africa
1 hour -
BoG revises directive on Net Open Position limits
1 hour -
They think we’ve stolen their cocoa – LBCs blame payment delays for farmer anger
2 hours -
FIDC Africa Infrastructure Conference 2026 launched in Accra
2 hours -
$185m unpaid – LBCs say Cocobod owes them for two seasons
2 hours -
We’ve pre-financed cocoa for 7 years – LBCs say banks are owed more than farmers
2 hours -
Blue Water Guards, NAIMOS, IMCIM… but rivers still poisoned – John Awuah slams galamsey fight
3 hours -
Airport rename debate while rivers die? – John Awuah blasts CSOs
3 hours -
Britney Spears sells rights to entire music catalogue
4 hours -
Ex-police chief said Trump told him in 2006 ‘everyone’ knew of Epstein’s behaviour
4 hours -
Pilot praised after crash-landing faulty Somali passenger plane on seashore
4 hours
