MCC can’t dictate to Ghana; do what is right – NDC’s Kwabena Donkor backs government

Must Read

Joy News’ Latif Iddrisu faces stigmatization from colleagues, friends after contact with suspected COVID-19 patient

A Broadcast Journalist with the Multimedia Group, Latif Iddrisu has had his fair share of stigmatization after coming into...

WHO elects Ghana’s Health Minister to serve on Executive Board

The World Health Organisation (WHO) has elected the Minister for Health, Kwaku Agyeman-Manu to serve on the Executive Board...

Odeneho Kwafo Akoto III is a ‘self-styled’ Akwamumanhene – Kumasi High Court rules

The Yaa Ansaa Royal Family of Akwamu in the Asuogyaman District of the Eastern Region has appealed to the...

Dr. Kwabena Donkor, former Minister of Power, has suggested that the Millenium Challenge Corporation (MCC) is overstepping its bounds with its ultimatum issued to Ghana to reinstate PDS or forfeit the $190 million, ABC News can report.

Dr. Kwabena Donkor contends that Ghana is a sovereign State and, therefore, the MCC cannot dictate to Ghana and force illegality down the throat of the government. The former Minister under the erstwhile Mahama administration, therefore, supported Ghana’s intention to terminate PDS’s concession agreement with ECG.

The Pru East MP urged the government to remain resolute even if it will cost the nation the promised $190 million.  He averred that Ghana’s problems are far greater than the promised Compact II amount and hence government should not undermine the sovereignty of the country.

He proposed that the government can forgo the said amount and float shares of ECG on the stock market to mobilize funds to develop Ghana’s energy sector.

“We are a sovereign state. We can’t take instructions from MCC”, Dr. Kwabena Donkor emphasized.

Government in a letter dated October 18, 2019, to the MCC announced the intention to terminate the ECG concession agreement with PDS, which came into effect on March 1, 2019, and saw PDS take over the distribution and revenue generation aspects of ECG’s work.

However, Ghana’s decision appears not to sit well with the US Government which has given the Ghana Government an October 30 deadline to reconsider the decision or face the consequences which include losing $190 million under the MCC Compact II and not being considered for the MCC Compact III.

Source: ABCNewsGh.com

Submit your stories or articles to newsroom@abcnewsgh.com or Whatsapp them to +233 553620623

- Advertisement -

Comments

Latest News

Innovative leadership, youth solution to transform African economies – Mahama

Former President John Mahama has proposed a shift from the leadership style on the continent to trigger a wave...

Christians dominate Ghanaian politics yet corruption on the rise – Catholic Bishops

President of the Ghana Catholic Bishops’ Conference, Most Rev Philip Naameh is lamenting why Christians dominate Ghanaian politics yet corruption is still on the...

Two ‘people’ from Hull City test positive for COVID-19

English football club, Hull City has announced that two people have tested positive for COVID-19. However the club did not state if those who tested...

Bournemouth player tests positive for COVID-19

English Premier League club, A.F.C Bournemouth has revealed that one of its players has tested positive for COVID-19. EPL's governing body began rolling out blanket...

Government likely to ease restrictions next week – President Akufo-Addo hints

President Nana Addo Dankwa-Akufo-Addo has hinted at easing restrictions in the country by next week. Speaking at this year’s virtual Eid ul-Fitr celebrations, President Akufo-Addo...

More Articles Like This

%d bloggers like this: