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The Minority Spokesperson on Mines and Energy, John Jinapor says John Mahama’s swift intervention in the power sector is still saving the country millions of dollars.

“Based on today’s current market price, we are importing about $600m of crude oil for our thermal plant. Today because of this gas infrastructure, we are importing zero and when you do the net analysis it means that we are making savings of around $300m per annum.

John Jinapor’s comments follows criticisms of the world bank country director Frank Laporte, that power purchase agreements signed between 2013 and 2023 were poorly done.

However, the Minority Spokesperson on Mines and Energy disagrees, insisting that former President Mahama’s initiative yielded benefits to the Government.

“If not for anything, at least the energy sector levy alone has accrued over twenty-four billion Ghana cedis (Ghc24 billion) for this government. This Government has received over ghs40b in petroleum revenue. President Mahama has demonstrated beyond every reasonable doubt that the action he took inured to the benefit of this Government”

He further stated that it took the visionary and competent leader with the country at heart to make those decisions. He chastised Nana-Addo as the only president who added nothing to the oil he inherited.

“The Akuffo-Addo Government will go down in history as the only Government that has not been able to add a teaspoon full of oil to what they inherited”

The Minority in Parliament has also taken on the World Bank Country Director, for veering off into local politics and advised him to stay away.

In a related story, the anking member of the Mines and Energy Committee, John Jinapor, criticized some assertions made by the World Bank Country Director about power purchase agreements (PPAS) signed under the NDC government.

Speaking on Asempa FM’s Ekosiisen Show, the former Deputy Energy minister said Mr Laporte’s claims are not accurate and not borne out of proper research.

“I have listened to the tape over and over again. He mentioned that the energy sector has accumulated more of the country’s debt. He talked about the tariffs, forex losses, state owned enterprises owing huge debts and also what sparked this debate on how expensive some PPAs are. He was not specific and didn’t give any basis.

“The World Bank director should not just go and sit and talk the way he spoke. You speak with facts, based on concrete evidence and information. You don’t go and engage in this petty talk. He’s above that. After the interview, his office or secretariat should have provided information just like I have done.”

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