The Energy Ministry has rejected claims that $90 million out of the $250 million loan being sought from the World Bank for the Ghana Energy Sector Recovery Programme will be used to pay consultants for the project.<\/strong><\/p>\nThe financing agreement is between the government and the International Development Association (IDA) of the World Bank Group.<\/p>\n
The objective of the loan is to provide funding for the ESRP to support specific activities aimed at reducing the costs of electricity purchases and increasing revenue collection of the distribution utilities.<\/p>\n
Additionally, it is geared towards improving the financial management system of ECG as well as supporting the National LPG Promotion Programme.<\/p>\n
On Tuesday night, Parliament suspended the approval process of the deal following concerns raised by the Asawase MP, Muntaka Mubarak, that more than $90 million of this amount would go into paying consultants.<\/p>\n
Chairman of the Energy Committee, William Owuraku Aidoo disagrees with the Asawase MP\u2019s position.<\/p>\n
Speaking on\u00a0Joy FM<\/strong>\u2018s Midday News, he said he doesn\u2019t believe \u201che [Muntaka] read the document before he stood up to make the assertions he made.\u201d<\/p>\n\u201cHonestly, I don\u2019t know where he got that from because there is a document that was circulated to all Members of Parliament and it is very clear that the 90 million was totally not for consultancy purposes.\u201d<\/p>\n
Mr Aidoo outlined the breakdown indicating that \u201cThe 90 million was for the procurement and installation of smart pre-paid meters along with its associated software, which was 2.5 million, that goes to ECG.\u201d<\/p>\n
\u201cAnd then 10 million of that 90 million goes to NEDCo. In addition to that, part of the 90 million was for the enhancements to data management systems and that was 5 million US dollars. And then you have the strengthening of the commercial information system, 10 million. And then finally, associated ICT systems for improving the operational efficiency of ECG, that is 2.5 million. So this is what the 90 million comes to,\u201d he said on Wednesday, July 31.<\/p>\n
He however fell short of stating the amount allocated for consultancy.<\/p>\n
\u201cI don\u2019t have the figure right now,\u201d he added.<\/p>\n
Myjoyonline.com <\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The Energy Ministry has rejected claims that $90 million out of the $250 million loan being sought from the World Bank for the Ghana Energy Sector Recovery Programme will be used to pay consultants for the project. The financing agreement is between the government and the International Development Association (IDA) of the World Bank Group. […]<\/p>\n","protected":false},"author":1,"featured_media":198755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-204935","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013 - 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\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Energy Ministry has rejected claims that $90 million out of the $250 million loan being sought from the World Bank for the Ghana Energy Sector Recovery Programme will be used to pay consultants for the project. The financing agreement is between the government and the International Development Association (IDA) of the World Bank Group. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-31T16:01:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"428\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013\",\"datePublished\":\"2024-07-31T16:01:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/\"},\"wordCount\":357,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/\",\"name\":\"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"datePublished\":\"2024-07-31T16:01:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Parliament.jpg\",\"width\":600,\"height\":428},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/07\\\/31\\\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/","og_locale":"en_US","og_type":"article","og_title":"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013 - Ghanamma.com","og_description":"The Energy Ministry has rejected claims that $90 million out of the $250 million loan being sought from the World Bank for the Ghana Energy Sector Recovery Programme will be used to pay consultants for the project. The financing agreement is between the government and the International Development Association (IDA) of the World Bank Group. […]","og_url":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/","og_site_name":"Ghanamma.com","article_published_time":"2024-07-31T16:01:19+00:00","og_image":[{"width":600,"height":428,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013","datePublished":"2024-07-31T16:01:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/"},"wordCount":357,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/","url":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/","name":"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","datePublished":"2024-07-31T16:01:19+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/07\/Parliament.jpg","width":600,"height":428},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/07\/31\/90m-out-of-250m-esrp-loan-wasnt-allocated-for-consultancy-energy-ministry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"$90m out of $250m ESRP loan wasn\u2019t allocated for consultancy \u2013 Energy Ministry \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/204935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=204935"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/204935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/198755"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=204935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=204935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=204935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}