Ghana says it is planning to export thousands of megawatts of electricity to Nigeria, Ivory Coast and other neighbouring countries that have power deficit.
The Ghanaian President, Mr. John Mahama, who made the disclosure at the Africa Global Business and Economic Forum in Dubai on Wednesday, said his government had made huge investments in power generation that would enable the country to export excess electricity to Nigeria and others.
“We have given priority to electricity generation in our country. We have prioritised energy in such a way that we want to become the hub for power production in West Africa. We want to generate electricity to the point that excess power can be exported to Nigeria, Ivory Coast and other countries that have power deficit,” he said.
To achieve this dream, Mahama said his country had secured export-import financing from China as well as special funds from Abu Dhabi to commence series of power generation projects, adding that a third hydropower dam project was already at an advanced stage.
The Ghanaian leader spoke in a panel discussion along with President Paul Kagame of Rwanda and President Mulatu Wirtu of the Federal Democratic Republic of Ethiopia.
Mahama added, “Where Africa faces some of its challenges lies its biggest opportunities. We are leveraging on public-private sector partnership to build infrastructure. Be it roads, electricity, ports or communication systems; if we create the right environment, investors will come.
“Creating the right environment that will attract foreign direct investment is key.”
In achieving this, the Ghanaian leader joined Kagame and Wirtu to emphasise the need for African governments to strengthen anti-corruption agencies in their various countries.
“Issues of accountability and transparency are very important. There must be mechanism to fight corruption. We all have institutions but the major thing is resourcing them to effectively fight corruption and perform effectively,” he noted.
According to Kagame, African governments must create a system that is not sympathetic to corruption, saying this would help drive the required Foreign Direct Investment into the continent.
He said, “It is one thing to have the institutions; it is another thing to allow them to work. Governance and structure must be in place to make them to work,” he said.
“African governments must fix infrastructure, investment in development of education and skills, and also enhance connectivity among African countries.” Click to signup for FREE news updates, latest information and hottest gists everyday
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Shame to Nigeria. Giant of Africa. Africas biggest economy. Big shame to Nigeria. Can our president be confident enough to join in this kind of discussion? Big shame to Nigeria at 54. GEJ, did you hear the Ghaninian president? They want to export electricity to Nigeria as one of those country that has power deficit. Upon all the huge fund invested in the power sector. Shame to Nigeria. They are empowering institutions to fight corruption and not aiding corruption, and also create an enabling environment to attract direct foriegn investment. Shame to Nigeria.
ReplyDeleteChaii chaii chaii.....About to regret been a Night coming close......chaii at Age of this. ....
ReplyDeleteHahahahaha! Yes o! At least what a giant fails to achieve, the dwarfs made it possible. Ghana i awaits thee may be Benin Republic should get ready to supply us Gas too.
ReplyDeleteMark.
Mark, you are right again. I completely agree with you. But guess what? You can not blame Jonathan because some people can not see how inept this man and his cronies are running Nigeria. Change must come soon!
DeleteThat's a President with foresight talking...Someone should ask Jo to learn from him.
ReplyDeleteNigeria is finished,when did Ghana start that they are talking of supplying what we have being supplying to them for years,this is a clear indication that our country is being mocked anywhere even by small Ghana in our backyard.i won't be surprise if they still talk about supplying us with fuel.
ReplyDeletethat is a visionary leader. it is not about drinking sapele water or speaking kindergarten english.
ReplyDeleteg0 and s0lve ur ec0n0mic wahala and live niga al0ne,we can handle tins hia.
ReplyDeleteI guess all those Fashola haters missed this bulletin. ..
ReplyDelete