Audio By Carbonatix
Ex-Energy Minister Felix Owusu Agyapong says government must make the regular supply of crude oil into the country its major priority.
According to him, the decision by the President, John Evans Atta Mills to set up a four-member committee to manage the debt profile of the Tema Oil Refinery (TOR), may be necessary but not what the country needs at this time.
President Mills on Tuesday tasked the Ministers of Energy and Finance, Dr. Joe Oteng-Adjei and Dr. Kwabena Dufuor respectively, the Chief of Staff; Mr. Martey Newman and the Governor of the Bank of
Ghana, Dr. Paul Acquah to rescue TOR from its huge indebtedness and ensure regular supply of crude oil to the refinery.
The president and other government functionaries on countless occasions accused the NPP administration of leaving behind a colossal debt at TOR, and reckoned a successful management of the debt was key to bringing the Refinery back on track.
Whilst acknowledging the prerogative of the President to set up the committee, the ex-energy minister in an interview with Citi News said the decision should have been taken a long time ago, insisting what Ghanaians need at this time is crude oil.
"Ghanaians must not be queuing for fuel," he said.
“After nine months the President is now talking about solving the TOR debt,” he said, adding “when he (President Mills), his vice, the energy minister and other government functionaries have been giving different figures on the extent of debt owed by TOR since assuming office in January,” he added.
According to him, the NPP, confronted with the same challenge in 2001 solved the problem in less than 2 months after which TOR began importing crude oil for refining.
He accused government of suffocating the industry after it failed to import crude oil into the country for the eight months it had been in power, saying at a price of $147 per barrel the NPP still managed to import crude oil to facilitate commercial activities of Ghanaian industries.
Mr. Agyapong will not offer any advise to government in public, when asked the way forward. He preferred to be consulted in private.
Story by Nathan Gadugah/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Diaspora Affairs Office endorses partnership for Ghana Diaspora Volunteerism Initiative
1 hour -
2026 World Cup: DR Congo stun Portugal to claim point in opening game
2 hours -
Sedina Tamakloe-Attionu in prison custody, not under house arrest – Kwakye Ofosu
2 hours -
NPA inaugurates 16-member committee to develop bitumen regulatory framework
2 hours -
Photos: Senegalese President Bassirou Diomaye Faye arrives in Accra for reparatory justice conference
3 hours -
Ex-health worker tried to sell Catherine’s medical records
3 hours -
Trade Minister, Ambassador to US, others to grace Litina’s 2026 FIFA World Cup Business Expo
4 hours -
Sports Minister rallies support for Black Stars for World Cup opener
4 hours -
Franklin Cudjoe demands clarity on Sedina’s whereabouts after extradition to Ghana
4 hours -
Ghana showcases social protection reforms at continental knowledge exchange in Ethiopia
4 hours -
Black Stars euphoria grips fans as Ghanaians rally behind team ahead of Panama clash
4 hours -
Convicted persons must serve their sentences – Ahiagbah on Sedina Tamakloe’s case
4 hours -
Nova Wellness Center celebrates 13 Years of Holistic Healthcare Excellence and Innovation
4 hours -
May 2026 PPI increases sharply to 5.8%
6 hours -
Adamus rejects claims linking security personnel to fatal shooting
6 hours