{"id":605664,"date":"2019-04-06T17:22:33","date_gmt":"2019-04-06T17:22:33","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">Business News of Saturday,  6 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>citinewsroom.com<\/p>\n2019-04-06\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/04\/135"},"modified":"2019-04-06T17:22:33","modified_gmt":"2019-04-06T17:22:33","slug":"be-transparent-and-tackle-financial-challenges-in-energy-sector-john-jinapor-to-government","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/06\/be-transparent-and-tackle-financial-challenges-in-energy-sector-john-jinapor-to-government\/","title":{"rendered":"Be transparent and tackle financial challenges in energy sector \u2013 John Jinapor to government"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">Business News of Saturday,  6 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>citinewsroom.com<\/p>\n<p>2019-04-06<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/13581277.295.jpg\" alt=\"Deputy Power Minister John Jinapor1\" title=\"Deputy Power Minister John Jinapor1\" width=\"295\" height=\"225\" \/><span class=\"image_caption\"><span>Former Deputy Power Minister, John Jinapor<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\">Former Deputy Power Minister, John Jinapor has questioned the financial standing of the country\u2019s energy sector.<\/p>\n<p>His comments follow weeks of constant nationwide erratic power supply experienced by Ghanaians.<\/p>\n<p>Less than twenty-four hours after the Power Distribution Services (PDS) published a load shedding timetable, the schedule  has been suspended  on the directives of GRIDCO over claims that has enough energy for the entire country.<\/p>\n<p>But Mr. Jinapor has said, sustainable measures need to be taken to address the challenges facing the energy sector.<br \/>&#13;<br \/>\n\u201cThe other thing is the long term sustainability of the power sector. Gas alone is not a challenge. The major challenge today is the financial well being of the energy sector and until that is addressed we are going to continue to have a major challenge\u201d.<\/p>\n<p>\u201cSo, I think that the industry players and the stakeholders should just look beyond, the tie in of the gas and ensure that, we deal with the financial challenge confronting the energy sector. Everyone wants to have continuous power but it ought to be done in a transparent manner\u201d, he noted.<\/p>\n<p><b>Financial challenges not to blame for erratic power supply \u2013 Energy Ministry<\/b><\/p>\n<p>Assurances from the Energy Ministry are that the erratic state of power supply in the country is not a result of financial problems or mismanagement.<\/p>\n<p>Nana Oppong Damoah, the Head of Communication at the Energy Ministry, blamed the issue on logistical challenges noting that the deep-seated financial problems in the energy sector are not new.<\/p>\n<p>\u201cWe\u2019ve had logistical challenges with the supply of the fuel. Not that we haven\u2019t been able to buy.We have had challenges financially in the energy sector for a long time, which is why we have called it a legacy debt situation.\u201d he stated.<\/p>\n<p>He cited the partial shutdown of gas infrastructure over the last few weeks and challenges with fuel supply as contributory factors to the recent power challenges that have led to some form of load shedding in the country.<\/p>\n<p>\u201cUnfortunately, we\u2019ve had a slip in the supply of fuel along the value chain because there are some processes that have delayed and that is what has led to the current situation we are seeing,\u201d he explained.<\/p>\n<p><b>\u2018Dumsor or no dumsor\u2019?<\/b><\/p>\n<p>Energy Minister, John Peter Amewu had called on Ghanaians to dismiss claims by the Minority in Parliament that government has returned the country to an era of erratic power supply popularly called \u201cDumsor\u201d.<\/p>\n<p>The Minority has been tough on government to be candid with Ghanaians and on the recent power outages across the country.<\/p>\n<p>They say, the recent power outages are a reflection of the financial troubles facing the energy sector due to government\u2019s mismanagement of the sector.<\/p>\n<p>Many parts of the country continue to be  hit with widespread blackout on a daily basis.<\/p>\n<p>The Africa Centre for Energy Policy (ACEP) has also urged more transparency from the Ghana Grid Company (GRIDCo) as Ghanaians grow more concerned about a possible return to the load shedding that marked the country\u2019s power crisis some six years ago.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Saturday, 6 April 2019 Source: citinewsroom.com 2019-04-06 Former Deputy Power Minister, John Jinapor Former Deputy Power Minister, John Jinapor has questioned the financial standing of the country\u2019s energy sector. His comments follow weeks of constant nationwide erratic power supply experienced by Ghanaians. Less than twenty-four hours after the Power Distribution Services (PDS) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":604051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-605664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Be transparent and tackle financial challenges in energy sector \u2013 John Jinapor to government - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/06\/be-transparent-and-tackle-financial-challenges-in-energy-sector-john-jinapor-to-government\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Be transparent and tackle financial challenges in energy sector \u2013 John Jinapor to government - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Saturday, 6 April 2019 Source: citinewsroom.com 2019-04-06 Former Deputy Power Minister, John Jinapor Former Deputy Power Minister, John Jinapor has questioned the financial standing of the country\u2019s energy sector. 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