Ghana’s Power Abundance Turns to Burden as Energy Debts Mount

Debt levels could rise if outstanding payments aren’t clearedPower producers say they may be forced to shut their plantsGhana lured investors to its power industry to end chronic electricity shortages with deals it can no longer afford. The deals’ terms require the government to pay for electricity generated even if there’s no demand for it.Continue reading “Ghana’s Power Abundance Turns to Burden as Energy Debts Mount”

NUEE Suspends Strike Action

The National Union of Electricity Employees, on Thursday, suspended the strike embarked upon by its members. The action led to total blackout in most parts of the country as it was announced earlier on Wednesday that the national grid had collapsed again. The union announced the suspension in a statement signed by the General ScsretaryContinue reading “NUEE Suspends Strike Action”

FG To Review Ownership Of The Power Distribution Companies

The National Economic Council (NEC) has resolved to set up an ad hoc committee to look into the ownership structure of power distribution companies. Imo State Governor Emeka Ihedioha disclosed this while briefing State House correspondents after the NEC meeting presided over by Vice President Yemi Osinbajo on Thursday at the Presidential Villa, Abuja. HeContinue reading “FG To Review Ownership Of The Power Distribution Companies”

Ban Importation Of Textile – Senate Urge FG

The Senate on Tuesday, appealed to the Federal Government to ban importation of textiles in the country for a period of five years to allow for the production of local textile materials. This followed the debate on a motion sponsored by Sen. Kabir Barkiya (APC-Katsina Central) during plenary on “Urgent need to revamp the nation’sContinue reading “Ban Importation Of Textile – Senate Urge FG”

HARD WAY, THE ONLY WAY…

Drama as 70-year-old woman relocates to IBEDC office in Osogbo, says she won’t leave until she gets her prepaid meter. There was a mild drama at the office of Ibadan Electricity Distribution Company (IBEDC), located in Osogbo on Wednesday, as a seventy years old woman literally relocated to the company customer care office to getContinue reading “HARD WAY, THE ONLY WAY…”