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Monday, 02 March 2015 13:31

Use oil revenue on identifiable projects

A member of the Public Interest and Accountability Committee (PIAC), Mr Yaw Owusu Addo, has called on the government to use proceeds from the country’s oil resource on projects that the people can easily identify with.

The running mate for the 2016 presidential candidate of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, has argued that only competence can deliver results and not hope.

The Deputy Minister in charge of tertiary education, Samuel Okudjeto Ablakwa has fired salvoes at Mr Osafo Marfo for his alleged tribal comments and how is trying explain himself.

President John Dramani Mahama has assured the business community that the current situation of power outages is a temporary one which will be resolved shortly.
He said steps are being initiated in collaboration with the World Bank and the United States government, to devise and execute energy sector reforms that will ensure that the unfortunate situation never arise again.
President Mahama gave the assurance in a speech read on his behalf by the Minister of Trade and Industry, Dr. Ekow Spio-Garbrah at the inauguration of the Accra Brewery Limited’s Multi-Million dollar brewery expansion project in Accra.
He said while the generality of Ghana’s private sector has kept faith with the government during these trying times, some international enterprises have cynically declared Ghana’s business environment to be unfriendly and are threatening to relocate.
Accra Brewery Limited, ABL, one of the major beverage manufacturing firms and a subsidiary of SABMiller Plc in Ghana has expanded its operations to ramp up ABL’s production capabilities to meet the need of the consuming public.
It will also drive growth and stimulate increased utilisation of key local raw materials including maize, cassava, rice and sorghum.
President Mahama said ABL’s investment of almost one hundred million US dollars in the ultra-modern production facility will enable the Company to double its production capacity and this has come at a time when the Country is afflicted with severe power shortages crippling the business environment.
He commended ABL’s parent company, SABMiller for the vote of confidence it has passed in Ghana as a globally competitive investment destination through its huge new investment in ABL.
He reiterated the government's support for all enterprises who seek to use the Country’s raw materials in their businesses.
The Managing Director of the ABL, Anthony Grendon said the complete phase has created almost one hundred jobs, mostly highly trained and skilled technical personnel who will complement the existing permanent workforce of 503. He assured the government that the number will increase when the second phase of the project is complete.
Under the first phase of the project is a two state-of-the-art packaging lines, expansive warehouse with hard stand and loading bay; materials storage area and two additional power generators.
The rest are ten new beer storage vessels and two additional water storage tanks with walk side on the location road.

Source: GBC

Presidential candidate of the New Patriotic Party (NPP) Nana Akufo-Addo has expressed his disappointment that the Presidency is now seen as one of the most corrupt institutions, according to an Institute of Economic Affairs (IEA) survey.

Finance Minister Seth Terkper has played down fears that the government’s expenditure in 2016, which is an election year, will dislodge its economic stability programme with the International Monetary Fund (IMF).

Mr Daniel Kwaku Botwe, a leading member of the New Patriotic Party (NPP), has said he is not in any race to become the campaign manager for Nana Addo Dankwa Akufo-Addo, the party’s flag bearer for the 2016 elections.

New Patriotic Party (NPP) Member of Parliament (MP) for Assin Central, Kennedy Agyapong has revealed that he told the Chinese government to suspend the full disbursement of the $3billion loan sought by the Ghana Government.
Hon. Agyapong says he chose that path because the government had inflated the cost of the Atuabo Gas project and several other projects the loan would have been used for.
"I told them not to give out all the amount since the Government of Ghana had inflated the cost of the gas project...," he said on Accra's Okay FM.

The Chief Executive Officer of Oyinka Hotel in Koforidua, Gyebi Donkor, has dissociated the hotel from the leaked tape containing alleged tribal remarks made by former Finance Minister Yaw Osafo Maafo.

The Minority New Patriotic Party’s Member of Parliament for Atwima Mponua in the Ashanti Region, Isaac Asiamah, has described President John Dramani Mahama as the “worst President Ghana has ever produced”.

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