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ECG owes GHS68b despite increasing tariff multiple folds – Adongo

Bolgatanga Central Member of Parliament, Isaac Adongo has said the Electricity Company of Ghana (EC) currently owes GHS68 billion in debt despite increasing tariffs several times.

He attributed this to fiscal recklessness on the part of the previous New Patriotic Party (NPP) administration.

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“If this is not recklessness or mismanagement then what is it? As we speak ECG is GHS68 billion after you have increased the electricity tariff multiple folds. This country is indeed a crime scene,” the member of the Board of the Bank of Ghana said on the Big Issue on TV3 Friday, February 28 while commenting on the state of the National Address delivered by President John Dramani Mahama on Thursday, February 27.

During the SONA, President Mahama said among other things that illegal mining, commonly known as ‘Galamsey,’ has inflicted tremendous harm on the forests, leading to significant land degradation and the pollution of vital water sources.

“This reckless activity threatens Ghana’s environment and public health. Presently, 44 of the country’s 288 forest reserves have been impacted, an area that is alarmingly equivalent to approximately 7,504 football pitches. The pollution levels in major rivers within the Southwestern Basin are critically high, with turbidity levels far exceeding permissible limits.

“To combat this urgent crisis, we are implementing a proactive approach that includes robust and impartial law enforcement, meaningful stakeholder engagement, and the creation of alternative livelihood programmes,” he said.

He further stated that “We are expanding the Minerals Commission’s regional offices to strengthen regulatory oversight. We are establishing a framework that categorises mining activities into small, medium, and large-scale operations, each with tailored regulations.

“Establishing a Gold Board will ensure effective governance of the gold industry. At the same time, we wish to take advantage of Ghana’s salt production capacity to place it as a central export commodity under the AfCFTA. Government is also seizing opportunities presented by the global shift towards net-zero emissions to craft policies related to critical minerals such as lithium. The anticipated development of integrated aluminium and iron industries will significantly increase the value of Ghana’s natural resources. In our commitment to restoring degraded forests, we will launch the ‘Tree for Life’ restoration policy and the Blue Water Initiative, which will transform mined-out areas into ecological recovery zones.

“This ambitious afforestation programme aims to establish 20,000 hectares of new plantations and undertake 5,000 hectares of enrichment planting annually. We will also implement public sensitisation campaigns to foster sustainable forest management practices and uphold the Wildlife Resources Management Act. Comprehensive reforms will be introduced to enhance transparency and efficiency while ensuring tenure security in land administration. Mr. Speaker, climate change remains a pressing concern for Ghana and the global community. To meet our climate mitigation targets, Ghana has allocated 24 million metric tonnes of its carbon budget—totalling 64 million metric tonnes—for authorisation under Article 6 of the Paris Agreement.”