Minority accuses Finance Minister of discriminatory debt payment to IPP

The Minority in Parliament has expressed concerns over the alleged discriminatory payment of debt owed to Independent Power Producers (IPPs) by Finance Minister Ken Ofori-Atta.

They believe that this approach will not effectively address the concerns raised by the IPPs.

The IPPs, responsible for 50 percent of Ghana’s power generation, have threatened to shut down their plants starting from July 1st, 2023, unless the government provides an interim payment of 30 percent of the outstanding debt totaling 1.77 billion dollars.

According to the Minority, the Finance Minister’s payment approach is selective and discriminatory, favoring certain IPPs while neglecting others.

They argue that this approach fails to provide a comprehensive solution to the issue.

The Minority is urging the government, particularly the President, to intervene urgently and facilitate a resolution to the matter.

John Jinapor, the Ranking Member on the Mines and Energy Committee of Parliament, appealed to the IPPs to reconsider their decision in the best interest of the Ghanaian people.

Furthermore, he called on the government to demonstrate its commitment to addressing the grievances of the IPPs by taking decisive action.

The Minority emphasizes the importance of finding a fair and equitable solution to avoid potential disruptions in the power supply, which would adversely affect the country and its citizens.

Beatrice Enyonam

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