$800m gas deal risky for Ghana’s future – Mahama warns Akufo-Addo

NDC flagbearer John Dramani Mahama issued a stern warning to President Akufo-Addo regarding an $800 million gas processing contract.

Mahama expressed concerns that signing the deal could lead to major financial losses for the state in the future.

Mahama’s remarks followed allegations from Minority Spokesperson on Energy, John Jinapor, who claimed that the CEO of Ghana National Gas was under pressure from the presidency to finalize the contract without going through proper legislative oversight.

Mahama highlighted the need for the contract to be brought before Parliament for scrutiny, questioning the government’s urgency to sign the agreement as its term in office draws to a close.

At a community engagement in Town Council Line, in the Greater Accra Region, on September 28, Mahama cautioned that the contract’s long-term effects could bind the nation for years, warning that those involved would be held accountable if the state incurs financial losses as a result.

“The NPP administration knows they are going out of office, they are trying to sign an agreement and commit this country to certain projects for which they would want to take advantage. For 8 years, this government has not invested in producing more gas.

“Even though there isn’t enough gas in sight, they are in a hurry to commit to this country for a second gas stream before they leave office.

“And I’m telling them this could lead to financial loss to the state, and it could lead to judgment debts. So if they haven’t signed yet, they shouldn’t sign it. This $800 million gas processing contract must go to Parliament for approval. You cannot hide and sign this contract behind the people of Ghana. We will hold you to account if it results in judgment debts.”

“At this late stage of your government, you should not be busy signing contracts that will bind this nation for many years. Let me warn all involved in this contract that they will be held responsible if the state suffers a financial loss.”

He vowed to counter any actions that don’t serve the best interests of Ghanaians.

“I have promised the people of Ghana not just jobs and prosperity but also accountability. You can be assured that under the Mahama presidency, acts that are not in the interest of the good people of this country will not be allowed to proceed.”

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