BREAKING: Ghana Plans To Export Electricity To Nigeria

Ghana plans to export
electricity to Nigeria
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.”
http://www.punchng.com/
news/ghana-plans-to-export-
electricity-to-nigeria/

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