Skip to main content

Nigeria To Hold Talks With Ghana Over Gas Supply Threat - ChannelsTV

By

The Ghanaian Government delegation is in Nigeria to hold emergency talks with the Federal Government, to avert a drastic gas supply cut threat.

The Nigerian National Petroleum Corporation (NNPC) said it will cut gas supply by 70 per cent to Ghana’s main power generation company by Friday, owing to unpaid debts of $181 million.
Ghana has already suffered power shortages and Nigerian gas meets about 25 per cent of its needs.
Ghana was for years one of Africa’s economic stars, but falling global commodity prices have blunted the value of its gold, cocoa and oil exports.
Its fiscal problems include inflation of up to 17.4 per cent in September, a currency that has fallen sharply in the last two years and a debt-to-GDP ratio of around 70 per cent.

Comments

Post a Comment

Popular Posts

Man attempts rape on 94-year-old deaf, blind woman

By
A burglar who was caught attempting to rape a 94-year-old deaf and blind woman has been jailed for 14 years. Gregory Willis, who had already removed the grandmother’s lower nightclothes was caught kneeling on the woman’s bed without his trousers on. The judge who presided over the case described Willis’ action as “deeply shocking, horrifying and appalling as could possibly be imagined.” According to Daily Mail, Judge John Pini added, “The victim is 94 years of age. She had not long before this left a nursing home to be cared for in a safe, loving environment for the remaining time of her life. “She was registered blind, hard of hearing, had no short term memory, had poor balance and was doubly incontinent. She could not communicate. She was as frail and vulnerable as it is possible to be.’ The the victim’s son-in-law told the Daily Mail after the sentencing that he was ‘shocked and stunned that somebody could intend on doing such a thing’. The victim, who was so frail she...
Post a Comment
Read full story »