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President Akufo-Addo Commissions First Gas For Karpowership.

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President Akufo-Addo Commissions First Gas For Karpowership… As Ghana saves $480 million a year in take-or-pay cost

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has turned on the valves for the use of natural gas from the country’s gas fields, instead of Heavy Fuel Oil (HFO), on the 450-megawatt Karpowership for the generation of power.

This follows the relocation of the Karpowership from its original location in Tema to the Sekondi Naval Base, in the Western Region, and the subsequent conversion of 90% of its engines from being initially dependent on HFO to natural gas currently.

With Karpowership taking approximately 50% of the volume of the take-or-pay Sankofa gas for power generation over the remaining period of the Power Purchase Agreement (PPA), Ghana, according to the Ministry of Energy, will save a whopping monthly take-or-pay cost of $40million and projected annual savings of $480million.

Specifically, the switch of the Karpowership to natural gas would save electricity users an amount of $170.5 million per year, and a projected amount of $1.2 billion over the remaining term of the contract, by way of reduced electricity charges to consumers.

Commissioning the facility on Saturday, 7th December, 2019, President Akufo-Addo noted this conversion of Karpowership is in alignment with the promotion of the use of gas as the primary fuel for power generation by Government. According to President Akufo-Addo, “the arrangement that we have made with the companies is that the gas that comes out of the ground belongs to us. We are not paying for it. If it is ours, we should use it.”

Additionally, the President stated that the conversion is to ensure the maximum utilisation of indigenous gas (OCTP gas) in the Western Region, “to reduce, to the barest minimum, or to eliminate the financial consequences under the take-or-pay obligation.”

Explaining the rationale for the relocation of Karpowership, he noted that the Western Region “is where the gas of our country originates. So, the gas is right next door, and it can feed the facility easily. There are several savings that come out as a result, now that we are going to use gas as the primary source of power generation in the country. We are talking significant sums of money over the course of the next 10 years. We are looking at something in excess of $1 billion worth of savings in the generation of power via gas”.

As a result of this, President Akufo-Addo explained that the use of natural gas “helps bring down the cost of electricity, saves our country, and makes it possible for us to look at a secure source of powering the transformation of our country’s economy and for the industrial development of Ghana. That is our main goal.”

With Government determined to move the country away from being mere producers and exporters of raw materials, the President indicated that stable, affordable and reliable power is required.

Reiterating the commitment of his Government to putting Ghana on a sound footing, he stressed that the development that is going to take place in Ghana over the years ahead is one that will not only benefit all sections of our society, but will also be irreversible.

“The business in Ghana where we go forward and stumble and then go back, we want to put that behind us by making intelligent arrangements in all sectors of our national life, especially in our energy sector, so that from now on when we are going forward, we can keep on going forward and forward and forward,” President Akufo-Addo added.

The President thanked the “competent people” at GNPC, VRA, GRIDCo, Ghana Gas, and the Electricity Company of Ghana “for doing an exceptionally good job in trying to protect our nation and its economic potential and development.”

 

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Government to establish model SHSs in Zongo communities – Bawumia

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The government is to establish Model Senior High Schools (SHSs) in all Zongo communities across the country, the Vice President Alhaji Dr. Mahamudu Bawumia announced on Friday.

He emphasized quality education was key to a successful life, hence it was imperative to make SHS education easily accessible to Muslims in the country.

Dr. Bawumia said very soon Zongo communities would realise the fruits of the Zongo Development Fund and witness remarkable improvement in their socio-economic lives.

The Vice President gave the announcement when he addressed the chiefs and people of Wamfie in the Dormaa East and Nkrankwanta in the Dormaa West Districts at separate durbars, as part of his two-day working visit to the Bono Region.

Alhaji Dr. Bawumia noted though the previous National Democratic Congress (NDC) government nearly collapsed it, the national economy had been resuscitated due to the implementation of sound and pragmatic economic policies by the President Akufo-Addo’s government.

He said the government had successfully repaid cash deposits of 85,000 out of the 88,000 customers of the defunct ‘DKM’ microfinance company whose monies were locked up.

Alhaji Dr. Bawumia promised all customers whose monies were locked up would receive their cash deposits, and advised them to exercise patience and cooperate with the official liquidator.

Barimah Dei Kusi Gyabaah, the chief of Amasu in the Dormaa Central Municipality and Ankobeahene of Dormaa Traditional Area, appealed for the reshaping of the Nkrankwanta town roads.

He appealed to the government to stock the Nkrankwanta Polyclinic with medical devices and also provide a tertiary institution to enhance the growth and development of education in the area.

Source: GNA

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‘I’m not like those who cut sods without funding’ -Akufo-Addo

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President Nana Addo Dankwa Akufo-Addo says he secured funding for every project undertaken under his administration since assuming office.

President Akufo-Addo made this known at Enchi during day 2 of his 3-day tour of the Western North Region, where he cut the sod for the construction of the 71.25-kilometre Enchi to Elubo road, which will cost $116.2 million.

“When I came here a year ago, I assured the Chiefs and people that I will work hard to ensure that the Enchi to Elubo road commences. There were a number of processes, like the contractor and funding sources, that had to be completed before today’s ceremony could take place. All those processes have been successfully completed”

“I am not like some people who rush to cut sods without securing the requisite funding for the projects. I will never do that. When I cut the sod, it means all the processes have been completed and the money for the project is available. I am not out to deceive anyone,” he said.

Touching on the creation of the Western North Region, the President told the gathering that the equitable distribution of development and resources was one of the reasons that necessitated the creation of the region.

He further indicated that the Government had taken the decision to situate offices of the Departments and Agencies in all parts of the region.

He said construction is ongoing for the Regional Education Directorate which will be in Bibiani, as well as the Regional Agriculture Directorate in Juaboso, the Regional Feeder Roads in Aowin, and the Regional Highways Department in Sefwi Wiawso, the capital of the Region.

President Akufo-Addo, therefore, appealed to the people of Aowin to vote massively for him and the NPP’s parliamentary candidate in order to “do more.”

Source: presidency.gov.gh

 

 

 

 

 

 

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Only 17,000 names now missing from voter register – EC

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The Director of Electoral Services at the Electoral Commission, Ghana (EC), Dr Serebuor Quaicoe, has revealed that only 17,000 names of voters across the country are missing on the new electoral register as of the close of Friday, September 25.

The Commission had estimated that 60,000 names had been missing from the register.

Dr Quaicoe said on ‘The Key Points’ programme on TV3 Saturday, September 26 that the EC is working to address all the anomalies on the new register.

“I want to also put on record that when I left the office yesterday, Friday, September 25 at the national level, we are left with 17,000 missing names. So the whole country we are now around 17000,” he told show host Abena Tabi.

The main opposition party, the National Democratic Congress (NDC), had raised concerns that names of its members are missing on the electoral roll for the 2020 elections.

Its flagbearer, Mr John Mahama, at a press conference in Accra, chastised the EC for this development saying that he will not accept the results of a flawed election.

Speaking also on The Key Points, the IT Director of the NDC, Osei Kwame Griffiths, said it is normal with every voter register that some names will be missing.

However, the quantum of the missing figures with this particular one is what is creating a problem for the party.

“Some of these things normally happen during exhibitions because that is the essence of exhibition but then the volume with which they are occurring is frightening,” he said.

Meanwhile, Garry Nimako, a member of the New Patriotic Party (NPP) and private legal practitioner, said the NDC had no case in bastardising the EC because the very challenges they had raised have all been catered for by the electoral laws.

“If the EC had said your name has been deleted erroneously but we will not restore the names, then you can say the EC is now doing that deliberately but to say that the EC is removing the names of your members, how do you determine your members?

“Let’s even say that you go to Ashanti Region and you go to Asawase as they are saying, are you saying that everybody at Asawase is an NDC member?

“In 2016, NDC’s internal elections in Klottey Korley, they had several names deleted from voter register, one reason my client Nii Armah Ashitey had to take the matter to court over their own internal elections,” he said on the same show.

Source: 3 News

 

 

 

 

 

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