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Nairaland Forum / Nairaland / General / Politics / Ghana Has So Much Electricity That It Is Costing $450m A Year (3445 Views)
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Ghana Has So Much Electricity That It Is Costing $450m A Year by Blue3k2: 3:56pm On Nov 10, 2019 |
Accra — Ghana has too much power and gas, and that’s a bad thing for government finances. Source: https://www.businesslive.co.za/bd/world/africa/2019-11-10-ghana-has-so-much-electricity-that-it-is-costing-450m-a-year/
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Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by JubrinElSudan: 3:59pm On Nov 10, 2019 |
Ehyah....Electricity expensive if not properly managed. Dem no dey store am, as dem dey generate am, na so dem dey distribute am, no why e go come surplus. Since dem dey get 24/7 supply there, at the end of the month, they may not be able to pay up-to the amount they consumed and the gas suppliers will be paid back. 1 Like |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by idesylvester(m): 3:59pm On Nov 10, 2019 |
Na by force to produce too much power, burn down the remaining Dam abeg so we go hear word... some people dey find half light them no see and una dey cry for excess... |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Blue3k2: 4:01pm On Nov 10, 2019 |
Ghana’s energy losses stem from a combination of the liabilities for excess supplies, slow customer payments, under-recovery of costs and even government ministries and agencies’ unpaid lighting bills If you're over producing why not export the excess. I read they already export to Togo, Benin and Burkina Faso. Why is it always government not paying power bills. They wont learn to pay bills till you cut off the lights. |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by sarrki(m): 4:04pm On Nov 10, 2019 |
When it comes to analysis and propaganda give it to Afrikan leaders 2 Likes |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by SalamRushdie: 4:07pm On Nov 10, 2019 |
Such a shame on Buharis Nigeria |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by EVarn(m): 4:11pm On Nov 10, 2019 |
Ghana should look towards exporting more of the excess power generated to west African neighbors; Liberia, Sierra Leone, Ivory Coast, and Togo. Issues such as government agencies owing utility bills should be vigorously checked, Nigeria has a similar challenge. Also, payment of electricity bills by residential properties and businesses should be addressed, I assume that electricity bills are grossly under-payed by the people who are enjoying the power. 2 Likes |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by sarrki(m): 4:13pm On Nov 10, 2019 |
SalamRushdie: You don show again |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by sarrki(m): 4:14pm On Nov 10, 2019 |
SalamRushdie: Your uncle gej Your Grandpa obj N your family heritage Pdp Destroyed everything Don’t blame Pmb I thought you said Pmb won’t win ? |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by SalamRushdie: 4:17pm On Nov 10, 2019 |
sarrki: Sarrki Did he win ? Be sincere |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Wiseandtrue(f): 4:19pm On Nov 10, 2019 |
Later una go dey abuse Ghana. Dey compare them to a city in Nigeria but when it comes to achievements, you guys are missing ![]() Which area are we doing it right ![]() ![]() Giants of Africa, una see una life ![]() Giants for mouth. Mtcheeeeeeew 3 Likes |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Nobody: 4:20pm On Nov 10, 2019 |
Front page Lalastiscala |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Wiseandtrue(f): 4:24pm On Nov 10, 2019 |
SalamRushdie:Yes he did!!! With thugs, (m3) militants, military, minors and vote buying!!! Man of integrity ![]() ![]() ![]() ![]() Na him dey there now, abi no be him ![]() 1 Like 1 Share |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by SalamRushdie: 4:26pm On Nov 10, 2019 |
Wiseandtrue: My point exactly , he subverted the democratic process to enthrone himself 1 Like |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by hisgrace090: 4:29pm On Nov 10, 2019 |
Wiseandtrue: Giant only for mouth indeed! 2 Likes |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Blue3k2: 4:30pm On Nov 10, 2019 |
EVarn: They already export to Burkina Faso, Benin and Togo. Their Vice president announced plans to export to Niger and Mali. The ghanaians i thr comment section dont like that idea. It's interesting to see they're skipping Nigeria.
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Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by murphyibiam15(m): 4:35pm On Nov 10, 2019 |
well, they should sell the rest to Nigeria |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Eteka1(m): 4:36pm On Nov 10, 2019 |
SalamRushdie:were you born in 2015? |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by sarrki(m): 4:39pm On Nov 10, 2019 |
SalamRushdie: You are very very funny dude |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by sarrki(m): 4:41pm On Nov 10, 2019 |
SalamRushdie: You are a comedian wallahi |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by vaxx2: 4:48pm On Nov 10, 2019 |
Blue3k2:Ghana also export to ivory coast as well..... Ghana new industry will soon take it over as more industry are springing up under the initiative of 1 district 1 factory.program. There is plan underway to construct bauxite refinery which Ghana has in abundance . that alone can consume over 2000 megawatt. if goverment plans work , the overcapacity will not be a problem. Ghana is currently generating over 5000 megawatt for a nation less than 30 million... |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Blue3k2: 5:01pm On Nov 10, 2019 |
Finance minister Ken Ofori-Atta, who will present the 2020 budget next week, has warned that the sector’s “unsustainable” liabilities may amount to $12.5bn — about a fifth of GDP — by 2023 from about $2.5bn in January. Im surprised nobody is talking about the debt projections by the finance minister. That's pretty crazy considering the debt to gdp is already high. They better get these deals worked out. vaxx2: I wasnt sure about the ivory coast since I only saw one article state it. Anyway these factories better start up asap then. Has the Bauxite refinery been finalized? Can you clarify if their making aluminum oxide or aluminum. |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by FakeManna: 5:23pm On Nov 10, 2019 |
[s] sarrki:[/s] Buhari is a criminal terrorist |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by FakeManna: 5:24pm On Nov 10, 2019 |
[s] sarrki:[/s] trash |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by FakeManna: 5:24pm On Nov 10, 2019 |
[s] sarrki:[/s] Buhari is the worst president since mankind |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by FakeManna: 5:25pm On Nov 10, 2019 |
[s] sarrki:[/s] shatap |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by FakeManna: 5:29pm On Nov 10, 2019 |
[s] sarrki:[/s] |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by EVarn(m): 5:38pm On Nov 10, 2019 |
Blue3k2:That is a nice development,why are the people against it?. As for not exporting to Nigeria,such action is naturally not feasible. The political implications and the system of our power sector wouldn't allow that. |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by vaxx2: 5:41pm On Nov 10, 2019 |
Blue3k2: Holistically, the debt rate keeps skyrocketing. but on another look , it isn't much a biggy. All things been equal, if the growth rates continue, it will led to a bigger national income, measured by GDP and that whittled down the debt-to-GDP ratio which is a key criterion in assessing debt sustainability. so technically, the debt is sustainable as economy growth rate stands at 7 percent. next year have been projected to be lower down to 5 percent.. I wasnt sure about the ivory coast since I only saw one article state it. Anyway these factories better start up asap then. Has the Bauxite refinery been finalized? Can you clarify if their making aluminum oxide or aluminumYea, Ghana supply some of the electricity consume in ivory coast and currently on negotiation to construct line pipe that will link Ghana to ivory coast for constant gas supply from main Ghana station .. Ghana currently smelts alumium at its goverment owned company valco. The company smelts alumina to produce aluminium ingots which is mainly used for industrial purpose. At the moment the bauxite industry if successfully achieved can earn Ghana over 400 billion dollars according to the company .... 1 Like 1 Share |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by vaxx2: 5:48pm On Nov 10, 2019 |
Blue3k2:The current goverment is highly power drunk . she will not allow it. there is the mind of ego among Nigeria politicians . fashola had once paint Ghana success on electricity in a very childish manner. The only president Nigeria will ever celebrate till death is obasonjo and that will be when he is dead . he is the only person with such positive mind among Nigeria leaders 1 Like |
Re: Ghana Has So Much Electricity That It Is Costing $450m A Year by Nobody: 5:52pm On Nov 10, 2019 |
vaxx2:The same Obasanjo that spent $16 billion dollars on electricity to give us darkness? You well so? 1 Like
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