Speaking on the Citi Breakfast Show on Thursday, Dr. Manteaw lamented that innocent Ghanaians “are being made to suffer for government’s incompetence.”
Nigeria’s N-Gas has threatened to cut gas supply to Ghana by 70% on Friday over-indebtedness.
But President John Mahama has reportedly directed the Public Utility Regulatory Commission (PURC) to increase utility tariffs in the country.
The move, according to the Managing Director of the West Africa Gas Pipeline Company (WAPco), Walter Perez, is to help Ghana’s power production companies to defray the debt owed the company.
But Dr. Manteaw insists that “if government were to pay its debt to ECG,” increasing electricity tariffs wouldn’t be necessary.
The Volta River Authority (VRA) owes WAPco 103 million dollars with the balance of 78 million dollars being owed to N-Gas and the other parties in the gas supply chain.
Since August 2014, VRA has received natural gas and pipeline related transportation services totaling 231 million dollars through WAPco, but has paid only 50 million dollars of the amount.
VRA’s gas shipper, N- Gas, following pressures from the Nigeria National Petroleum Company a month ago, formally notified WAPco to curtail gas supply to it until further notice.