AKUFO-ADDO APPROVES ‘NEW AMERI’ DEAL BY EXECUTIVE ORDER.

AKUFO-ADDO APPROVES ‘NEW AMERI’ DEAL BY EXECUTIVE ORDER.

President Nana Addo Dankwa Akufo-Addo has by executive order approved the renegotiated AMERI deal which is currently awaiting Parliamentary approval.

A statement by the President’s secretary, Nana Asante Bediatuo stated that “the President of the Republic of Ghana has granted executive approval for the Novation and Amendment Agreement dated July 20, 2018 between (i) the Government of the Republic of Ghana represented by the Minister for Energy ( or his authorised representative), (ii) Volta River Authority(VRA), (iii) Africa and Middle East Resource Investment Group(AMERI ENERGY), (iv) Ameri Energy Power Equipment Trading LLC ( AMERI EQUIPMENT), (v) Power Projects Sanayi Insaat Ticanet Limited Sirketi (PPR), and (vi) Mytilineos International Trading Company AG (Mytilineos) , for operations and maintenance of the existing 250MW AMERI Thermal Plant at Aboadzi, for a period of 15 years.”

The executive order comes amid the growing number of groups and individuals who have slammed the government over the re-negotiated AMERI deal.

The Africa Centre for Energy Policy (ACEP) wants Parliament to reject the renegotiated AMERI deal saying the new deal will cost the country more after the 15 year period.

“We are committing to pay $50m for 15 years which is not on for the Ghanaian public and I hope Parliament will protect the public by rejecting the AMERI amendment,” Executive Director of the Africa Centre for Energy Policy (ACEP), Ben Boakye stated.

The Institute of Energy Security (IES) has also said the country risks paying more when the deal is agreed upon, in its current form.

Under the new agreement, a new company, Mytilineos International Trading Company, will take over the management of the AMERI power plant for 15 years.

The new company has offered to pay AMERI an amount of $52,160,560, with the government paying the remaining $39 million to the Dubai-based AMERI Energy to wash its hands off the deal entirely.

The agreement covering the new deal was laid before Parliament on Thursday for approval.

The new deal has also been rejected by senior staff of the Volta River Authority (VRA).

The Senior Staff Association and the Public Services Workers Union at the VRA have said the new deal “will bring more hardship to the good people of our dear country- Ghana.”

According to the staff, Ghana has just under three years left to assume control of the plant under the old deal signed by the Mahama administration.

Background

The John Mahama administration in 2015 signed a contract with Africa and Middle East Resources Investment Group (AMERI) Energy, to rent the 300MW of emergency power from AMERI.

This was at the peak of the country’s power crisis.

The power agreement with UAE-based AMERI Energy deal cost $510 million.

But according to the NPP administration, it found out that the government had been shortchanged by AMERI as they presented an overpriced budget, and were overpaid by $150 million.

The new administration thus commenced a renegotiation process to ensure value for money.

SOURCE: STARRFMONLINE.

FOR ADVERTISED IN OUR WEBPAGE  CONTACT  ghanamediaworld@gmail.com  OR visit www.ghanamediaworld.com

WE PUBLISHED 99% GHANA NEWS AND THE REST 1%  FOR OUTSIDE WORLD NEWS, GHANA FIRST,PUBLISHED  YOUR OWN FIRST TO WIN BETTER FUTURE WITH OUTSIDE WORLD LETS THEM SPEAKS YOUR OWN MOTHER LANGUAGES BEFORE THEY AQUIRE A VISA TO VISIT OUR MOTHERLAND COUNTRY GHANA. ENGLISH IS COMMON FOR EVERY COUNTRY IN THIS TO BE SPOKEN….BUT IN TERMS OF THINGS OF LANGUAGE,YOU DONT KNOWS THEM UNTIL THE TRUTH…..

DISCLAIMER: “The views expressed in this article are the sole responsibility of the author and do not neccessarily reflect those of  GhanaMediaWorld. The contents of this article are of sole responsibility of the author(s).  Ghana Media World will not be responsible or liable for any inaccurate or incorrect statements contained in this article.” © GHANAMEDIAWORLD.COM

HAVE A SAY. WHAT DO YOU THINK? DROP COMMENTS!

SOURCE:  WWW.GHANAMEDIAWORLD.COM

@ghanamediaworld on Twitter / lnstagram  ghanamediaworld

Do you have a story for The Ghanameiaworld Online news team? Email us at ghanamediaworld@gmail.com Or call us:

THE NEWS ITEMS ARE REAL  AND WE ARE NOT FAKE MEDIA,WE ARE HERE  FOR YOU  BECAUSE OF  TRUELY MEDIA. IF NOT BECAUSE OF YOU, WE CANNOT BE GHANAMEDIAWORLD.COM OR WHAT WE HAVE REACH TO BE NOW.WE PUBLISH WHAT IS TRUELY INSIDE THE MEDIA OF THE WORLD, FROM JOURNALIST NEWS,MEDIA NEWS, STARS NEWS, PERSONAL PRIVATE ADVERTISED AND CELEBRATIES NEWS,AND FROM THE PEOPLE WE GET TO KNOW,THE REAL NEWS FROM AND TO GHANA MEDIA WORLD, WITHOUT HIDDEN THINGS FROM YOU AND FROM THE TRUTH THAT WE GET FROM MEDIA AND JOURNALIST.AND ALSO SOMEWHERE WE GET TO KNOWN.OUR MEDIA PAGE IS STILL NOT COMPLETED,THERE IS A LOTS TO BE DONE IN GHANA MEDIA WORLD PAGE ONLINE. PUBLISHED NEWS,WE ADVERTISE FOR PEOPLE,ETC.LISTEN TO MANY RADIO STATIONS IN OUR PAGE BY CLICK.

READ MORE @ WWW.GHANAMEDIAWORLD.COM

CONTACT OF MEDIA AND ADVITISED IN OUR WEBPAGE ,IF YOU NEED PROFECTIONALS RADIO STATION LIVE STREAMING FOR BROADCASTING TOOLS PLUS WEBPAGE,DOMAIN,WE ARE NUMBER ONE PROFECTIONALS TO HELP YOU,NEWS,RADIOS,MEDIA,MAGAZINES,ADVERTISMENTS.LIVE STREAMING PROVIDER.
WE ARE HUGE BIG COMPANY.
ONLINE RADIO SETUP FOR YOUR FM STATION ONLINE.
FOR YOUR ONLINE RADIO – Also for Your Media , FM Station, Church or As well as online Internet Radio Station.
We do it profectional.Its is your dream to set up an online radio station that will turn you into a major media hub in this country and the world as well as to enable promote your goods and services Globally.Then contact us immediately at ghanamediaworld@gmail.com or call us 004915218034976 OR 004917648327355.
We are running an express and affordable online radio set up for all.
Contact us and have a feel of what it feels to own an online radio and what we have for you.
Call or Whats App 004915218034976 NOW

THE ONLINE RADIO STATION DEVELOPED BY GHANAMEDIAWORLD.COM

CONTACT OUR E-MAIL ADDRESS  ghanamediaworld@gmail.com

SHARE OUR PAGE AND LIKE US IN FACEBOOK,INSTAGRAM,WHATSAPP,PINTEREST,YOUTUBE,LINKEDIN.

WE ARE NUMBER ONE TRUELY MEDIA.

 

 

 

SHARE THIS:

Comment Below

comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.