Prez Mahama directs Finance Minister to look for alternative funding for Ghana Gas project

prez_mahama1President John Mahama has directed Finance Minister, Seth Terkper to look for alternative sources of funding for the Ghana Gas project.

The project has stalled because the Ghana Gas Company is facing some financial challenges due to delay in the disbursement of the China Development Bank loan.

This has led to several postponements of the completion timeline.

But the Chief Executive, George Sipa Yankey tells Joy Business, the President’s directive is important for the completion of the project.

“We at Ghana Gas are determined to finish the project by the end of the year once we get enough money.

“What is most important for us is to pay our contractors and so if we get the money as directed by the President, I can assure you we would finish the project this year.”

 

Joy News

ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

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