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VRA Tariff Increase Because The Government Owes 250 Millions Ghana Cedis

Sat, 20 Feb 2010 Source: Tawiah, Francis

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The Volta River Authority (VRA) fights for existence by way of tariff increases, it has emerged that the government of Ghana ministries, departments and agencies (MDAs), VALCO, Ghana Consolidated Diamonds Limited, Prestea Gold Resources Limited, Dunkwa Continental Goldfields Limited, among others owes the authority GH¢250 million. This is the main reason why the VRA must use force to pick the pockets of Ghanaian people, through increment of voltage consumption.

This was disclosed by the acting Chief Executive Officer of the VRA, Mr Kweku Awotwi, at a sitting of the Public Accounts Committee (PAC) of Parliament Tuesday.

Mr. Awotwi providing some figures to state his case, he said in 2004, the authority made an operational loss of GH¢43.7 million, while in 2005 it made an operational loss of GH¢50.8 million.

He further told a committee that in 2004, the ECG made a net loss of GH¢18,360,000, while in 2005 it made a net loss of GH¢23,860,000.

My question to both VRA and ECG Management is that, if they have been driving at such a top speed of negative input in accountability all those years how could they survive till now and where were the Management and what were they doing?

There is no Justification whatsoever in the proposed tariff increases by the VRA.

It is therefore the sole obligation of their Management to go in for the debts incurred from the Government.

Source: FRANCIS TAWIAH (Duisburg – Germany)

Columnist: Tawiah, Francis