• Latest
  • Trending

Govt borrowing US$20m for seminars, workshops — Isaac Adongo

December 13, 2018
BREAKING: Trotro Crashes into Former President Akufo-Addo’s Nima Residence

BREAKING: Trotro Crashes into Former President Akufo-Addo’s Nima Residence

July 16, 2025
GMA, Japan Motors launch 15th edition Corporate Run & Walk

GMA, Japan Motors launch 15th edition Corporate Run & Walk

July 16, 2025
Grow For Me scales Regenerative Agriculture and Climate-Smart Financing

Grow For Me scales Regenerative Agriculture and Climate-Smart Financing

July 16, 2025
CKT-UTAS distributes piglets and rabbits to young entrepreneurs on the YFBA Program

CKT-UTAS distributes piglets and rabbits to young entrepreneurs on the YFBA Program

July 16, 2025
CBG nurturing future leaders with a flagship literacy initiative

CBG nurturing future leaders with a flagship literacy initiative

July 16, 2025
Samsung Galaxy announces commitment to expand Galaxy AI

Samsung Galaxy announces commitment to expand Galaxy AI

July 16, 2025
Sack Hannah Bissiw and Basintale over Ablekuma North violence - Minority demands

Sack Hannah Bissiw and Basintale over Ablekuma North violence – Minority demands

July 16, 2025
20 declared dead at Gaza aid site after crowd surge incited crash - GHF confirms

20 declared dead at Gaza aid site after crowd surge incited crash – GHF confirms

July 16, 2025
Raphael Mensah turns himself In after being declared wanted by OSP

Raphael Mensah turns himself In after being declared wanted by OSP

July 16, 2025
We're reforming ECG, not selling it – John Jinapor

We’re reforming ECG, not selling it – John Jinapor

July 16, 2025
U.S sends five 'uniquely barbaric' criminals to Eswatini - says Homeland Security official

U.S sends five ‘uniquely barbaric’ criminals to Eswatini – says Homeland Security official

July 16, 2025
Ghana registered nurses and midwives association calls off planned strike action

Ghana registered nurses and midwives association calls off planned strike action

July 16, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

Govt borrowing US$20m for seminars, workshops — Isaac Adongo

in Sports
Share on FacebookShare on TwitterShare on Whatsapp

The Member of Parliament of Bolga Central, Mr Isaac Adongo, has taken a swipe at the government’s decision to borrow US$20 million to support the proposed Ghana Energy Sector Transformation Initiative (ESTI) project, describing it as a misplaced expenditure that will not add value to the energy sector.

He said the challenges confronting the country’s energy sector required more than seminars, workshops and consultancy, which the US$20 million-loan was expected to fund under the ESTI project.

The National Democratic Congress (NDC) MP expressed surprise at the government’s decision to borrow to fund such activities rather than investing in fuel purchase, improving distribution lines and expanding the energy mix, which he said were vital to improv the energy situation in the country.

The ESTI championed by the Ministry of Energy aims to develop a bankable investment plan by collecting the necessary information and lessons learnt from previous electrification projects and utilising geographical mappings to determine the limits of assembling grids.

It is also aimed at determining the cost of stand-alone off-grid and mini-grid solutions and capacity building to provide technical skills in the area non-conventional technological systems.

Debate

However, contributing to the debate on the US$20 million loan to support the project on the floor of Parliament, Mr Adongo said although he was not against the decision to borrow to address the challenges in the energy sector, he was against how the money would be used.

“The challenges of the energy sector as enumerated in the report require a lot more than just seminars, workshops, capacity building and consultancy.

“We know that some of the challenges identified are high cost of fuel used by thermal power plants; how will workshops and seminars solve this problem,” he asked.

Gas supply challenges

Mr Adongo said he wondered how capacity building and seminars were going to solve the gas supply challenges confronting the energy sector.

“We all know the challenge of our gas supply. All our oil fields are in the west and as a result, there is excess supply of gas in the west that must be evacuated to the east to power our plants.

“The previous administration was clear with what the solution was which was to either construct our gas pipeline from the west to the east or to negotiate with the West Africa Gas Pipeline to give us better tariffs in order to evacuate our gas,” he explained.

“So why do we have to spend another US$20 million on workshops and seminars on something that we already know what the solution is,” he noted.

Distribution losses

He also indicated that the challenge of distribution losses could not be solved by consultancy and seminars but rather, a concrete and extensive investment to replace age-old distribution lines in order to improve efficiency.

“There was a roadmap that started by the previous administration. You will recall that we started the expansion and the retooling of the distribution lines right from Prestea to Kumasi and to build a bigger power station there.

“This was to continue all the way to Techiman to the kintampo area where another bigger power station would be built and further continue to Tamale and construct another bigger power station, then to Bolga.

“This was to improve the transmission across the lines and to make us capable of transporting excess power to our neighboring countries. So, the solution is certainly not workshops and seminars,” he reiterated.

Non-payment by gov’t entities

On the non-payments of debt owed by government entities, Mr Adongo said “I don’t see how US$20 million investment in capacity building will make the government pay its debt to the Electricity Company of Ghana (ECG).”

“We are told that consistently, the electricity sector revenue has fallen and as a result of this shortfall, the Volta River Authority (VRA) and other operators have incurred legacy debts,” he stated.

“We were in this house when the energy bond was approved. This bond was meant to address this situation Moreover, this particular transaction has been ring fenced under the ESLA arrangement so I don’t see why we will be approving another US$20 million for a transaction that is already ring fenced and a subject of the energy sector bond,” he pointed out.

“Clearly, there is no value in how this US$20 million will be spent.”

Source: Graphic

Tags: Bolga CentralIsaac AdongokintampoMember of ParliamentNDCNPPWest Africa Gas Pipeline

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

CAF Confed. Cup: Asante Kotoko chief bemoans ‘disappointing’ reception in Kenya ahead of Kariobangi Sharks showdown

Next Post

Sarkodie, Shatta Wale nominated in Sound City MVP Awards 2018 – Check out which other Ghanaian made the list

Next Post
VIDEO: Sarkodie jams to Shatta Wale’s ‘forgetti’ song in a US club

Sarkodie, Shatta Wale nominated in Sound City MVP Awards 2018 - Check out which other Ghanaian made the list

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • BREAKING: Trotro Crashes into Former President Akufo-Addo’s Nima Residence
  • GMA, Japan Motors launch 15th edition Corporate Run & Walk
  • Grow For Me scales Regenerative Agriculture and Climate-Smart Financing
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.