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Energy Minister, Others To Face Jail Term Over ‘Sham’ Petroleum Deal – Alex Mould

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Former Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), has served notice Energy Minister and the entire Cabinet of President Akufo-Addo, will in future, have questions to answer over their involvement in the AGM petroleum deal, which has widely been described as a “sham”.

Alexander Kofi Mensah Mould, charged “Anybody who approved this has caused financial loss to the state. If anybody approves this, he is either useless and does not understand the basis of financing, or there is a benefit”, adding it is shocking that a deal that was rejected by former Energy Minister, Boakye Agyarko and put before the same Cabinet, would be accepted by the new Minister and the same Cabinet without any basis.

According to Mr Mould, the action of John Peter Amewu and the Akufo-Addo Cabinet, to renegotiate the deal with the Norwegian oil firm, first signed in 2013, by reviewing downwards Ghana’s share from 49 percent to 18 percent, is something that should not be left unanswered.

“We should not let Cabinet out of this and we should not give Hon Amewu all the credit for doing all this bad deal, no!We cannot give him all the credit. The credit of doing this bad deal, lies at the highest level of approval in this country and that is Cabinet and we know that Cabinet represents the Presidency. So my question to them is, what information made them change the deal that many of us don’t understand that changed government’s 49 percent to 18 percent? I am puzzled”, Mr Mould said.

The former top official of Standard Chartered Bank in both New York and Ghana, described as “shameful”, the “accelerated”manner in which the deal was pushed through an emergency recall of Parliament and subsequent approval without due diligence.

Mr Mould, said this at a Public Forum on the $30 billion State capture in Ghana’s Oil industry, organized by the Caucus for Democratic Governance, Ghana (CDG-GH) on Tuesday in Accra.

The former GNPC CEO, bluntly said the deal could have only been passed by government officials, who know next to nothing, adding those people have “caused financial loss to the state”.

“The question is, anybody who knows an iota of finance in this country, and the Finance Minister he will not approve such a thing to happen. Anybody who approved this has caused financial loss to the state. If anybody approves this, he is either useless and does not understand the basis of financing, or there is a benefit. Now, I will leave the people of Ghana to decide what action should be taken”, he said.

He said, if Cabinet accepted Mr Amewu’s position, then it means he must have presented new information, which he insists does not exist.

“It’s very clear that before Boakye Agyarko, the former Minister approved or before he turned down the offer or the application of AGM, he must have gone through some process. And my understanding of government is like any organization, there is a board that approves what a Minister can do, that board is called Cabinet or you can have an Executive Order from the president. So mostly likely, Hon. Agyarko, went to Cabinet, he made his case got approval and turned it down. Now the question is, another minister comes,I am sure he went to the same Cabinet almost of the same number of people, and got approval to approve to this”.

The former GNPC boss, who has also worked with Union Bank of Switzerland serving in their New York office continued, “What I am saying is that, he must have brought new information to Cabinet because the Cabinet with the same old information,will not be able to approve something they did not approve [the first time].So he must have brought new information and the question is, what is this new information that evoked Cabinet decision.

EDUCATION

Apateim Methodist Basic School Receives Learning Materials From The Shidaa Foundation

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The Shidaa Foundation led by Canada-based Ghanaian entrepreneur and philanthropist, Mr. Roland Akwensivie has donated learning materials to Apateim Methodist Basic School in the Nzema East Municipal in the Western region.

On Tuesday, November 7, 2023, the foundation donated an electric wheelchair, reading books, pens, pencils, erasers, highlighters, binders, colored pencils and crayons, calculators, mathematical sets, and school bags.

In an interview with Wyse Brain of Wyse Promotions, Mr Roland Akwensivie disclosed the reasons why he chose Apateim for this particular donation.

“Apateim was identified as an area with a significant need for educational support. This was based on factors such as economic conditions, access to educational resources, and the number of underserved children in the community. The foundation identified Apateim as an area where the donations would have the most impact”, he said.

He also appealed to the general public to support the Shidaa Foundation.

“The Shidaa Foundation welcomes support from individuals and organizations to help advance its mission of empowering underserved youth and improving education. Contributions can take various forms including donations, in-kind donations, volunteering, partnerships, advocacy, sponsorship, and community engagement”, he added.


The mission of The Shidaa Foundation is to advance education and empower underserved youth to reach their full potential. The foundation is dedicated to providing educational support, resources, and opportunities to children in need, ensuring that they have the tools to succeed in their academic journeys.

The vision of The Shidaa Foundation is to create a brighter future by making education accessible and igniting hope in underserved communities. The foundation aspires to touch the lives of as many children as possible, kindling their love for learning and providing them with the necessary tools to succeed. It envisions a world where education is a transformative force, breaking down barriers and empowering youth to realize their dreams.

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GENERAL NEWS

Poor Sanitation In Winneba Calls For Major Concern

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In recent times, a significant health risk has emerged in Winneba due to inadequate sanitation practices. Winneba, a town and the capital of the Efutu Municipality in the Central Region of Ghana, is home to a population of 55,331 individuals who are grappling with the adverse effects of subpar sanitation conditions. The availability of safe drinking water and proper sanitation facilities have become a pressing concern. Presently, Winneba is contending with a marked decline in environmental sanitation, notably in areas like Akosua village, Eyipey, Sankor, and Sekegyano.

The poor state of sanitation in Winneba can be attributed to several underlying factors. Firstly, the absence of adequate sanitation facilities, including proper toilets and latrines, in both rural and urban areas is a matter of significant concern that requires immediate attention and resolution. The dearth of toilet facilities in Winneba has precipitated open defecation practices and contributed to substandard environmental hygiene. The consequences of open defecation, when combined with soil, lead to environmental pollution, water contamination, and, consequently, an elevated risk of diseases and fatalities.

Economically, the annual losses incurred due to poor sanitation amount to a range between 1% and 2.5% of the Gross Domestic Product (GDP). It is essential to recognize that the actual cost could potentially surpass these estimates, as they encompass only the losses linked to premature mortality, healthcare expenditures, diminished productivity, and time wasted due to the practice of open defecation.

Secondly, the improper disposal of solid waste has inflicted severe damage on the local environment. The littering of materials in the streets, lanes, and gutters has precipitated a sanitation crisis in Winneba. This habit of indiscriminate littering have adversely impacted the lives of the residents. The absence of effective waste disposal planning at the grassroots level, the inadequacy of policy implementation, and the lack of awareness are formidable obstacles to the improvement of sanitation standards.

Furthermore, the rapid surge in Winneba’s population has placed an overwhelming strain on the existing sanitation infrastructure. The increasing number of households and schools lack the necessary facilities to manage their sanitation needs. Consequently, both adults and children endure the consequences of inadequate sanitation provisions.

To address these challenges, a multifaceted approach is imperative. Initiatives must be launched to stimulate the demand for sanitation services. This entails the implementation of measures by those in authority to employ individuals tasked with cleaning the environment to foster a healthy and hygienic sanitation ecosystem. Additionally, the adoption of pit latrines, where human waste is collected in pits beneath toilets and left to decompose, along with the utilization of bio-toilets or waterless toilets, offers sustainable solutions that conserve water resources while advancing sanitation objectives.

Moreover, the provision of strategically placed dustbins in various towns and beaches, such as Eyipey, Sekegyano, Akosua Village, Sankor, Sir Charles Beach, Royal Beach, and Warabeba Beach, is crucial for effective waste management.

In conclusion, the promotion of sound sanitation behavior is paramount to ensuring the well-being of Winneba’s residents. Nevertheless, it is essential to emphasize the importance of consistently practicing good sanitation principles and policies to effect lasting change and safeguard public health.

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