Gov’t clears part of VRA debt with $200m worth crude oil

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peace 11 years ago

we know you will perform.

we know you will perform.
Kanawu (US) 11 years ago

Why should a gov't owe a company in its own country to that much and expect them to deliver? I think the gov't is part to be blame for the colapsing of TOR, ECG, VRA and all funtionaries. Why? the don't pay their debt.

Why should a gov't owe a company in its own country to that much and expect them to deliver? I think the gov't is part to be blame for the colapsing of TOR, ECG, VRA and all funtionaries. Why? the don't pay their debt.
nero 11 years ago

point of correction,ECG is not collapsing.

point of correction,ECG is not collapsing.
Oba Nyansani Baako Pe In Ghana! 11 years ago

Thief Mahama cannot deceives me with this stupid thing. He is just a failure and he can't perform anything better in Ghana. "Akonfem President"

Thief Mahama cannot deceives me with this stupid thing. He is just a failure and he can't perform anything better in Ghana. "Akonfem President"
Kankam 11 years ago

Akonfem is better than otwi in.

Akonfem is better than otwi in.
Nana 11 years ago

VRA advised against use of gas for the Takoradi and other projects and ordered our brain dead officials to use crude to generate power. This is the downfall of once rich and respectable VRA. We never learn. IMF, World bank, ' ...
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VRA advised against use of gas for the Takoradi and other projects and ordered our brain dead officials to use crude to generate power. This is the downfall of once rich and respectable VRA. We never learn. IMF, World bank, 'Development Partners' are only interested in our 'enslavement'.
Asoko 11 years ago

Why all these debts for the first palce. Poor management? I personally dont trust NDC will do anything good for mother Ghana. A government will no forsight. If our fore-fathers invested in Akonfem project,like where would hav ...
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Why all these debts for the first palce. Poor management? I personally dont trust NDC will do anything good for mother Ghana. A government will no forsight. If our fore-fathers invested in Akonfem project,like where would have been Mahama and co. The under performed Atta Mills govt was far better than Mahama. I weep for Ghana.
joseph 11 years ago

this is good news to ghanaians at least the lights off is going to reduce.

this is good news to ghanaians at least the lights off is going to reduce.
KANEWU 11 years ago

FUNDS MEANT FOR DEVELOPING THE COUNTRY FOR THE GOOD OF ALL, ARE RATHER BEING USED FOR PAYING FRAUDULENT JUDGEMENT AND OTHER DEBTS WHILE THOSE WHO PILED UP THE DEBTS ARE ALLOWED TO WALK FREE, FLAUNTING THEIR LOOT IN THE FULL ...
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FUNDS MEANT FOR DEVELOPING THE COUNTRY FOR THE GOOD OF ALL, ARE RATHER BEING USED FOR PAYING FRAUDULENT JUDGEMENT AND OTHER DEBTS WHILE THOSE WHO PILED UP THE DEBTS ARE ALLOWED TO WALK FREE, FLAUNTING THEIR LOOT IN THE FULL GLARE OF LONG-SUFFERING HELPLESS ORDINARY GHANAIANS.

45 ADDITIONAL CONSTITUENCIES HAVE BEEN CREATED ALONG WITH THE COST IMPLICATIONS OF KEEPING 45 USELESS MPS IN OFFICE WHILE THE COUNTRY CANNOT EVEN PROVIDE 24/7 UTILITIES SUPPLY, INCLUDING EVEN REDUNDANT STREET LIGHTS AT NIGHT IN GHANA IN THIS 21ST CENTURY.

TSADLY, GHANA'S USELESS LEADERSHIP DOES NOT EVEN NOTICE THERE ARE MANY THINGS GOING TERRIBLY WRONG IN OUR COUNTRY.

WELL, WE SHALL ALL SWIM IN THE SHIT CREATED BY GHANA'S USELESS CLUELESS AND DOWNRIGHT CORRUPT LEADERSHIP!!!
Baba 11 years ago

They will never pay. This is the most reason why privatization is important.

What private business will allow the government the owe them such huge sums of money?

What angers me most is the money is there but they use i ...
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They will never pay. This is the most reason why privatization is important.

What private business will allow the government the owe them such huge sums of money?

What angers me most is the money is there but they use it for other unimportant things.

Just look at the way salaries and allowances have been increased so high recently for non performing fools in parliament? That money could be used to reduce the bill to help them provide better services to lesson the burden on citizens.

They must arrest and prosecute heads of ministries whose term in office increased the bills to date. If they have properties, confiscate them auction them to pay off some of the cost.

The saddest thing is these people are rewarded in addition when they go on retirement and it continues in that cycle.
MARY 11 years ago

Good work Ndc, Npp will have stolen the money to buy hotel and gold chain

Good work Ndc, Npp will have stolen the money to buy hotel and gold chain
KOFI 11 years ago

MY QUESTION IS WHY ARE WE PAYING SO MUCH FOR ELECTRICITY AND STILL VRA OWES SO MUCH? PLS I NEED A SERIOUS MIND TO EXPLAIN THIS TO ME. IF THE SAID DEBT WAS SHARED ON OUR LIGHT BILLS HOW MUCH WERE GHANAIANS EXPECTED TO PAY FOR ...
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MY QUESTION IS WHY ARE WE PAYING SO MUCH FOR ELECTRICITY AND STILL VRA OWES SO MUCH? PLS I NEED A SERIOUS MIND TO EXPLAIN THIS TO ME. IF THE SAID DEBT WAS SHARED ON OUR LIGHT BILLS HOW MUCH WERE GHANAIANS EXPECTED TO PAY FOR ONLY ELECTRICITY. EI GHANA MY MOTHER LAND. GOD HAVE MERCY. EI
Dr Robert K Glah 11 years ago

JDM is serious: oil barter better than payment by bonds.
The oil is within our control

JDM is serious: oil barter better than payment by bonds.
The oil is within our control
DKB 11 years ago

So what will he have done without the oil find???

So what will he have done without the oil find???
GOD IS MY JUDGE HONESTNEST 11 years ago

The power cuts are the ministers affected? or only ordinary Ghanaians???

The power cuts are the ministers affected? or only ordinary Ghanaians???
AYISAM 11 years ago

ECG please wake up and be bold to install PREPAID METERS FOR ALL POWER USERS INCLUDING THE MINISTRIES.

ECG please wake up and be bold to install PREPAID METERS FOR ALL POWER USERS INCLUDING THE MINISTRIES.
Bobo 11 years ago

You owe these vital companies and you still went ahead and gave our money to Roland for Akomfem. Oh Behame Mahama

You owe these vital companies and you still went ahead and gave our money to Roland for Akomfem. Oh Behame Mahama
Ghanaian 11 years ago

"Government through the Energy Ministry purchased over 200 million dollars of crude oil for the operations of the Volta River Authority between December last year and February this year".

DOESN'T MAKE SENSE.

HOW DID THE ...
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"Government through the Energy Ministry purchased over 200 million dollars of crude oil for the operations of the Volta River Authority between December last year and February this year".

DOESN'T MAKE SENSE.

HOW DID THE GOVERNMENT PAY THE ENERGY MINISTRY FOR THE CRUDE?

DOES THIS MEAN THE GOVERNMENT NOW OWES THE ENERGY MINISTRY THAT AMOUNT.

IF SO, THIS IS ROBBING PETER TO PAY PAUL; JUST SHFTING THE DEBT AROUND, ELSE WHY DID THE GOVT HAVE TO "PURCHASE" THE CRUDE, INSTEAD OF GIVING THE MONEY, USED FOR THE PURCHASE, DIRECT TO VRA?

THIS IS STUFF FOR CHILDREN.
CANADIANA AFARI DJAN 11 years ago

STUPID GOVT. NO WONDER GHANA IS NOT SEEING ANY BENEFIT FROM THE OIL GHANA HAS. WHY ROB PETER TO PAY PAUL. IDIOT MAHAMA DROSSSSMAM.

STUPID GOVT. NO WONDER GHANA IS NOT SEEING ANY BENEFIT FROM THE OIL GHANA HAS. WHY ROB PETER TO PAY PAUL. IDIOT MAHAMA DROSSSSMAM.
Kofi 11 years ago

We export our crude oil then import back. Where is the sense in this? Oh Ghana!

We export our crude oil then import back. Where is the sense in this? Oh Ghana!
MANN-TESHIE 11 years ago

This begin the good work JDM.

This begin the good work JDM.
AKONFEM PREZ 11 years ago

MAHAMA EMPTY HEAD,EXTREMELY INCOMPETENT THING HE CAN FOOL GHANIANS,SHAME ON YOU THIEF MAHANI IDIOT

MAHAMA EMPTY HEAD,EXTREMELY INCOMPETENT THING HE CAN FOOL GHANIANS,SHAME ON YOU THIEF MAHANI IDIOT
angle man 11 years ago

who is not corrupt in Ghana,who.blamed the system which allowed the drivers of the nation to steal as they wish,l meant the civil Servant,They enrich themselfs and puts blame on every past and present Govts,go to Kasoa,Weija, ...
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who is not corrupt in Ghana,who.blamed the system which allowed the drivers of the nation to steal as they wish,l meant the civil Servant,They enrich themselfs and puts blame on every past and present Govts,go to Kasoa,Weija,Gbawe,Bortianor,Tuba,Oblogo and see how Electricity and Water readers had put up new houses,were did they get the money from,sorry if your party lose the elections,so donts insults Mahama.

Gov’t clears part of VRA debt with $200m worth crude oil

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