Tuesday, October 20, 2015

Yah! Ghana Has Agreed To Pay Gas Debt Owed Nigeria By Feb. 2016 (See How Much They Owe)

Ghana President John Mahama today reached an agreement with the government of Nigeria represented by NNPC GMD Ibe Kachiukwu, to pay off the N33.8 billion owed Nigeria from the gas supply provided by a Nigerian gas company, N-Gas, the main supplier of gas to Ghana’s Volta River Authority through the West African Gas Pipeline.

The N-Gas buys gas from NNPC and transports it to its customers in Benin, Togo and Ghana. The N-Gas had recently threatened to cut gas supply by 70% to Ghana’s main power generation company due to unpaid debts of $181m (33.8bn).

9 comments:

  1. That's a good one. Hmmm! "Uwaifo don talk e own o".

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  2. That's quite a huge debt...abeg make them pay asap

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  3. Can you imagine this, and they have power always and the country that supplies them with gas is struggling to hit a certain megawatts, oh Nigeria....

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  4. Our politicians will never make heaven unless dey ask for our forgiveness.

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  5. Abeg make de pay we need de money

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