NPP inherited $5.2bn energy debt from Mahama - Akufo-Addo

NPP inherited $5.2bn energy debt from Mahama - Akufo-Addo

- Akufo-Addo has accused John Mahama of leaving behind huge debt in the energy sector

- He opined that his government was working hard to offset the $5.2bn debt

Ghana president, Akufo-Addo, has revealed that the John Mahama led administration left behind a $5.2 billion energy sector debt, of which his government has settled half.

He noted that the remainder of the debt hanged on the neck of his administration like an albatross.

According to the president, he regrets not tackling the energy sector debt early enough. He says it has led to the current situation in the sector.

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I think if there is one thing I regret about my presidency, it is that we didn’t attack those problems early enough”

“I’ve learnt my lesson. We are going to make a much better phase of reforming those agreements so that we can take the burden off our shoulders,” he indicated.

The president, who was addressing a town hall meeting of Ghanaian residents in Toronto, Canada, on Sunday, June 2, 2019, said situations responsible for the constant power outages in Ghana were from the previous Mahama-led administration.

Akufo-Addo also told the gathering in the next two months his government will announce the re-establishment of a national airline. 

“We are entering into an arrangement with Ethiopian Airlines to partner with them to establish a new…I don’t know whether it will be called Ghana Airways,” he noted even though he would prefer the name Ghana Airways is maintained if it happens. 

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