Business in Ghana

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Posts Tagged ‘Civil Society Organisations’

Untangling Nigeria’s Power Lines

Posted by Business in Ghana on April 25, 2014

Africa’s Top Economy Produces Half the Electricity of North Dakota—for 249 Times More People

By DREW HINSHAW

LAGOS, Nigeria—The quest to turn the lights back on in Nigeria is pitting some of the country’s richest men against rusted power lines, pilfered electricity and grenade-lobbing saboteurs.

Nigeria’s government built only 12 power plants since independence from the U.K. in 1960—all of them now in disrepair. Meanwhile, its population tripled to 174 million. The result: Nigeria produces less than half as much electricity as North Dakota for 249 times more people. Blackouts strike 320 days a year, according to the World Bank.

Now, Africa’s top economy has asked its wealthiest businessmen to get the plants humming again. Last November, the Nigerian government auctioned off six power plants, including a 50-year-old tumbledown facility located near swampland.

That plant now belongs to Tony Elumelu, a Nigerian mogul whose company made its name running a local Hilton resort. In the months to come, the hotelier hopes to jolt the power plant back to life, pushing out a surge of electricity into this country where big city offices charge their laptops with car batteries and the poor eat by candlelight. Read the rest of this entry »

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Let Us Nullify MPs Common Fund (Constitutional Amendment Needed)

Posted by Business in Ghana on July 13, 2012

By ERIC AGBESI DZOKOTO, Eric Djagbesiydd@yahoo.com>

Discerning citizens have watched with glee since the inception of the Fourth Republic the utilisation of the MPs Common Fund, which was provided for in the 1992 Constitution and institutionalised. It has become a largesse for the political class. Where is the accountability element? Some of us did not wish that the democracy   How come that the framers of the Constitution and the Consultative Assembly did not leave MPs to concentrate on their core business of law making and playing their watch door roles or oversight responsibility of the executive branch of state. In fact, there is too much wastage of state resources by our so called leaders across board and it is high time Civil Society Organisations wake up and confront the seeming monitisation of the Ghanaian polity. Read the rest of this entry »

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