Starr FM: Ghana’s $100m Debt to Nigeria Gas "Not Unusual" – Mona Quartey

Deputy finance minister Mona Quartey has told Morning Starr’s Kafui Dey on Starr 103.5FM that the alleged $100-million debt owed Nigeria Gas by Ghana, if true, is neither “strange” nor “unusual.”

Responding to a claim by former Deputy Governor of the Bank of Ghana, Dr Mahamudu Bawumia that the country’s current power crisis is as a result of the debt owed the Nigerian power firm, thus its dithering in supplying gas to Accra to fuel thermal plants for power production, Mrs Quartey said: “The Government of Ghana, (the Ministry of finance) does not owe Nigeria for gas, most likely one of the agencies, possibly [state power producer Volta River Authority] VRA who buys gas, because the Ministry of finance does not buy gas, but one of the agencies buys gas and if they do, then they will have a credit line, therefore at any point in time, there will be an arrears that they are owing so that is not strange.”

Read the full article HERE.

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