Thursday, 2 October 2014

Ghana to export its excess electricity to Nigeria, other countries


In what appears to be a good gesture, but an embarrassing one for Nigeria, the Ghanaian government has announced its intention to export thousands megawatts of electricity to Nigeria, Ivory Coast and other neighboring West African countries with power deficit.

The Ghanaian President, John Mahama made the disclosure at the Africa Global Business and Economic Forum in Dubai on Wednesday, where he said his government had made huge investments in power generation that would enable it export excess electricity to Nigeria and others.

“We have given priority to electricity generation in our country. We have prioritized energy in such a way that we want to become the hub for power production in West Africa. We want to generate electricity to the point that excess power can be exported to Nigeria, Ivory Coast and other countries that have power deficit,” he said.

To bring its dream to fruition, Mahama said his country had secured export-import financing from China as well as special funds from Abu Dhabi to kick-off series of power generation projects, adding that a third hydropower dam project was already at an advanced stage.

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