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Government clears US$1.47 billion energy sector debt within first year - MoF

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  • Stingy NPP left a lot of money 1 day ago

    What didnyoubdonto get that money. All.based on the prudent policies of the Npp. Where they intending to chop the 9 billion they left behind?

  • JESUS IS GOD 1 day ago

    If anyone is in Christ, he is a new creation” — 2 Corinthians 5:17. Let Jesus make you new—open your heart and say yes to Him.

  • FRANKIE 1 day ago

    Wow..... This is magical, stupendous, fabulous, mysterious and legendary. Fellow Ghanaians, let's all come together as one unit and ensure that the NPP never comes anywhere near power ever again! They're simply anathema to Gh ...
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  • Nii 1 day ago

    How could President John Dramani Mahama and his NDC govt inherit a Junk Economy and within 12mths pay that money? Is President Mahama an Awanaa magic prophet?Propaganda galore from a certified Liar

  • Sela 1 day ago

    Well based on your logic, then NPP should have paid the debt. All you NPP goons think alike. One can smell your stink gazillions miles away. Your brain dead, and your functionality is solely that of hoovering money monies awa ...
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  • Nana 1 day ago

    Direct your anger and stupidity to that Bole Bamboi crook of a President, he signed those inflated energy Contracts. Ghanaians shd have forced him to pay from his own pocket, bcoz it's our monies he's hiding.

  • Sela 1 day ago

    Why? Do you have an issue with Bole bamboi? If Mahama is a crook, then what's Akuffo Addo? The Mother Serpant of All Crooks? Gotcha!

  • Ben 1 day ago

    Corrupt NDCeivers paying a debt they left in 2016. Nothing special about this. Looters are back in power.

  • Game Changer +447935009178 1 day ago

    I've seen some goons of the NPP struggling to accept the good news delivered once again by the NDC. Yes they won't understand because it just like some magic in their faces. But I dare them to send their MP's to question the ...
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  • Mame Ama 1 day ago

    Dont mind them, how did they come up this amount within 12months?? Ghanians will start to pay for it

  • AGBESI KWASI 1 day ago

    How can Nana Addo who couldn't pay money they borrowed, who through DDEP sent many retirees to their graves, who couldn't pay private sector energy producers leave 9 billion? It's unbelievable that we still have stupid NPP fo ...
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  • FRANKIE 1 day ago

    Massa don't mind them. The idiocy and stupidity of NPP followers beggars belief. Now their new mantra is "We planted all the seeds that NDC is harvesting now). For eight years? Damn!

  • Game Changer +447935009178 1 day ago

    The NDC came about these monies by stopping Looting, setting up Goldbod, running a lean and effective government etc. Massa, w'abon dodo!!!

  • Focus on reducing petrol cost not cedi dollar 1 day ago

    Focus on reducing petrol cost it's why things are so expensive. It's how China's economy grew.
    Subsidise petrol to make it cost less, this will drive down prices and encourage alot and alot job creation for you to make your ...
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  • Kwasi Addai 1 day ago

    The Nkwaseafo People's Party will hold a press conference soon and say it was Bawumia who paid the debt. They are all stupid.

  • Trotro Ambassador 1 day ago

    Release Agradaa as soon as possible to continue her sika gari for Ghana.
    Only sika gari can double itself to settle $1.47 billion debt within one year.
    Ato is forcing MAGIC

  • Michael 1 day ago

    The Mahama govt. did not steal like Akuffo Addo but used GOLDBOD to buy gold from small scale miners and then used the forex from gold exports to pay off the debts.
    NPP a useless, corrupt and incompetent party that stole mon ...
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  • Fd 1 day ago

    Good! Make it more known to the people so they know what the government has done

  • Francis Mccarthy. UK 1 day ago

    Wow. This is GOOD GOVERNANCE.

  • John,Tema 1 day ago

    President Mahama can fool many ignorant Ghanaians, he can also fool NDC Supporters including those from Volta and Northern regions. But he CANT fool discerning Ghanaians. Let him work there's money for to pay ecery debt.The m ...
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  • John,Tema 1 day ago

    President Mahama can fool many ignorant Ghanaians, he can also fool NDC Supporters including those from Volta and Northern regions. But he CANT fool discerning Ghanaians. Let him work there's money for to pay ecery debt.The m ...
    read full comment

  • Nii 1 day ago

    Bankoo! Akuffo Addo didn't have money to pay huge debts but left enough for his predecessor to do same? Which end of your body does the thinking? It isn't working!!!

  • Nii 1 day ago

    @ Nii
    Why do you expect Akuffo Addo to pay a questionable Debt?Tell your Father and Mother to accompany to Jubilee House to find out how those debt came in..Buuuluuu Tooffeii Kplootoo naabii.

  • Sela 1 day ago

    Chinaffeii! Tell me you didn't read the article without telling me you didn't read the article. If I had enough time, I'd have explained the meaning of the word 'legacy debt' but I can sense that you're a bit slow so maybe we ...
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  • Mame Ama 1 day ago

    Exactly, thank you

  • Kwadwo 1 day ago

    Due to more than 28% increase in electricity bills?

  • Be informed 1 day ago

    Wow!…NPP under Nana Addo and Bawumia never increased electricity bills abi

  • The 1 day ago

    Did Akuffo Addo bring any Arab or Turkish company to come and sell any exorbitant electricity power to Ghana? I thought you had a brain in your head.

  • Be informed 1 day ago

    Lol…

  • Koonimo 1 day ago

    Uncle Ato well done

  • HAVE YOU DEALT WITH THE DUBIOUS NDC KARPOWER CONTRACT THAT GAVE RISE TO THIS BILL? 1 day ago

    Or you just gave $1.47billion to the NDC crooks includibg the Energy Minister Jinapor who was behibd this dubious contract.

    And does it mean in 4yrs time we will be back in the same position given that its still the same d ...
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  • Atta Kay 1 day ago

    Thank you very much for your intelligent comment. Who created those Energy Debt and under which Govt?Was it Akuffo Addo's Mother who signed those dubious Contracts? NDC leaders will always top our list of Thieves.

  • Kwaakye 1 day ago

    The accumulation of this debt was largely due to costly "Take-or-Pay" Power Purchase Agreements (PPAs) signed during the previous National Democratic Congress (NDC) administration, which required payments for power whether it ...
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  • Be informed 1 day ago

    So why were these contracts not terminated by the most intelligent government leadership (Nana Addo/Bawumia) Ghana ever we had right up to 2024?

  • Kwaakye 1 day ago

    Unilaterally terminating a PPA often triggers "Judgment Debt" or early termination penalties that can exceed the cost of maintaining the contract. For example, the termination of the GPGC PPA resulted in an arbitration award ...
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  • Ama 1 day ago

    Will NDC Foolish Soldiers understand this?Their leaders feed them with propaganda and lies daily hence they can't use their brains.Animals in our midst.

  • Be informed 1 day ago

    Let’s assume you’re right in your assessment, If you’re a serious government who cares for your country’s future, you don’t only look at what is before you, you look further ahead. If these were the prices we had to ...
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  • Youve said nothing mbrah ? 1 day ago

    You have said a lot just so you can also be heard. But as a mattter of fact you have said nothing. Nobody iscsaying we dont need new sources of energy and providers. What wecarexsaying and you have equally said is to do with ...
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  • Be informed 1 day ago

    Nice to know you’re saying something… lol

  • Kwaakye 1 day ago

    While the Energy Sector Levy (ESL) set up by the NDC is a critical component of Ghana's debt repayment strategy, it will not be sufficient on its own to pay off all the debts.
    The ESL, which is expected to raise about GH¢5. ...
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  • Be informed 1 day ago

    So this should tell you that aside from the ESL, you pay bills too, what’s difficult here?

  • An Abusive Ayigbe 1 day ago

    Check what you've been eating ,drinking or smoking, if it's coming from John Mahama reject it. It's not good for your health.

  • They Should Have Dealt with the Dubious Karpower Contract? 1 day ago

    The contract cannot be terminated unless you can get to the fraudulent basis of the contract and throw a few crooks into jail fir this fraud including the Minister Jinapor ubder whose watch the contract was signed. Otherwise ...
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  • They Should Have Dealt with the Dubious Karpower Contract? 1 day ago

    So it means in 4yrs time we would be in the same predicament. This debt should not had been paid ubtil the fundamental cause which gave rise to it has been dealt with (aka the dubious take-or-pay contract). So as it is the pr ...
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  • Kwaku Tee 1 day ago

    Akuffo Addo was a very docile and weak President, he shd have put certain personalities in the current Govt including John Mahama into prison, on that inflated Karpower Contract.His refusal to act has brought this problem.

  • So Why Are We Paying Twice For the Same bill? 1 day ago

    We have been told the current high cost of Electricity Bills is partly due to this debt which the current high rates should help to clear.

    So if we are already paying for this debt through our bills why then should the Fin ...
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  • Be informed 1 day ago

    I believe you need a lot of education in the energy sector

  • Mame Ama 1 day ago

    Please where did you get the money from within 12 months in power??. Stop manupilating Ghanaians with chicken stories.. we the people will will definitely pay for it or its been taken frim money towards something else. Stop g ...
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  • Be informed 1 day ago

    Part of it is coming from the energy levy you prefer to refer to “D-levy” or mostly preferred “Dumsor levy”. The rest is from you bills. So don’t worry, you’re already paying for it and that should be enough.

  • Maybe from the $20b ORAL Proceeds? 1 day ago

    Ablakwa told us 7months ago that they have recouped $20billion from ORAL. Maybe they got some money from the ORAL office!

  • Sethoo 1 day ago

    ICE just sent a ship load of billions of Dollars they ceased from Ken Ofori Atta's mansion.President Mahama can now pay all our debt. ICE will use the ceased Russian tanker to bring the next consignment.

  • Karma 1 day ago

    Propaganda and fake news.
    1.3 billion dollars?
    Where did this gov't get this money since Mr. Mahama admin. has accused the previous gov't of corruption, either the previous gov't left bunch of money for Mahama or the MoF i ...
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  • Karma 1 day ago

    Propaganda and fake news.
    1.47 billion dollars?
    Where did this gov't get this money since Mr. Mahama admin. has accused the previous gov't of corruption, either the previous gov't left bunch of money for Mahama or the MoF ...
    read full comment

  • Karma 1 day ago

    Eiii MAGICAL GOV'T!!!
    SOMETHING DOESN'T ADD UP!!!

  • Be informed 1 day ago

    We accept you’re not used to this so you can’t get your head around it. It’s called prudent management!

  • Wontumi (London) 1 day ago

    I have said it before, and I want to repeat it today. The current government, led by the "EVERGREEN" "JDM and the Ndc PARTY is making the name Ghana, being used as an example of how a good governance, could turn the fortunes ...
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  • Adweeee 1 day ago

    Stop lying my friend, we are not toys to believe you. Stop the nonsense now. Wa nim s3 kakaku wai.

  • Azige Zarro 1 day ago

    Wein na wo ka for us to believe you. Why are you lying through your teeth like that.

  • Efo Kofi 1 day ago

    KWAASHIAA you imposed tax on us to pay for debts you want us to sing praises for you aboabi kwaashiaa

  • Kwashiaaaaaa wo maame tw3 1 day ago

    Massa, gyai nkwasea keka no.

  • Agadim 1 day ago

    This not true

  • Gyimie de3 1 day ago

    This is cooked but it didn't cook well in our eyes. Hahaha 21st century people have the smartest brain, we think deeper and far. We know that this just to stir our ears with a further. Hahaha. Kruase ni

  • Gyimie de3 1 day ago

    This is cooked but it didn't cook well in our eyes. Hahaha 21st century people have the smartest brain, we think deeper and far. We know that this is just to stir our ears with a further. Hahaha. Kruase ni.

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  • Achakanapaya 1 day ago

    Ato you are really Forcing. God Almighty bless you guys.
    As for the npp Nation wreckers organization, they are only thieves and lair's, Ghanians will never ever allow them to get near governance in this Country called Ghana. ...
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  • Mebu S3m 1 day ago

    Hahaha 3ntro sein ad3n. Wa gyimi anaa

  • Lulu Ping 1 day ago

    Where did he get that from within this short period of time? I don't believe you. Stop lying to us as we are more aware in our calculations. Calculator da hooo. Don't bring yourself my friend. Hahaha ya nice day ho wai.

  • He Sold Us Used Trotro as Ambulances? 1 day ago

    So i'm surprised you guys are shocked. Its his nature to lie!

  • Kona 1 day ago

    It is a pay back to party apparatchiks and cronies. After all who are the beneficiary owners of these companies?

  • Osei Kwame 1 day ago

    @ Kona. You don't have sense. Just ask your father that silly question and listen to his reply. Animal

  • then remove the 1cedi/litre on fuel 1 day ago

    Then remove the draconian 1 cedi/litre tax on fuel since the debt is settled.

  • Kofi Ga 1 day ago

    That's quite impressive

  • Jigsaw 1 day ago

    Crap news

  • NANA TRUMU TRUMU ADDO 1 day ago

    NPP SHOULD NEVER COME TO POWER AGAIN. THE FIRST CORRUPTION THEY CARRIED OUT WAS AMERI THEN AGYAPA THEN CONTAMINATED FUEL ETC ETC

  • Donald T 1 day ago

    Let those who have dissipated the funds illegally be held accountable and made to face the full rigors of the law if found guilty. We are tired of these CORRUPT CRIMINALS

  • Venom Bite 1 day ago

    Hahaha, in thev21st century anything hidden will be exposed. We dey peep aaaaa.

  • Otweah, dwei, kafra 1 day ago

    Anything Mahama is a lie, he want to be men pleasers but in this country "kofiwaaa" is our motto.

  • 3ny3 koraaa 1 day ago

    We don't need to take you seriously my friend.

  • Go way you 1 day ago

    Apuuuu for where.

  • AMARIYA 1 day ago

    DECEIVING TOPIC

    Is there no debt again to the Energy sector? Why increase electricity and fuel? It is easier said than done. Anom dwa.

  • Robert 1 day ago

    Reading through the comments I have read repeatedly the issue came about because of the take or pay agreements the NDC1made with the IPP's but I want someone to prove me wrong if the NPP didn't also sign take or pay agr ...
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  • Goodman 1 day ago

    Thank god the thieves have been removed and banished into oblivion. They would have made things worse . As for Ofori Atta , the least talk about him the better . He’s so stubborn to the extend that he doesn’t know what’ ...
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  • JDM 1 day ago

    ....Because a few are paying for it at the pumps! You have not done anything extra ordinary bieaaaa saa oo!! Remember the 1 cedi per each litre of fuel bought?

  • Jim 1 day ago

    How is Bawumia going to refute this after accumulating this debt in eight years that is paid off in one year? we won't talk about Ofori-Atta. His demons are following him. The NPP government is being exposed for its incompete ...
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