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Press highlights payment of $42m debt owed Nigerian Gas Coy, others
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Ghana settles $42m debt to Nigeria Gas Company
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Ghana Settles $42m Debt To Nigeria Gas Company
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Ghana Settles $42m Debt To Nigeria Gas Company
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Ghana’s energy sector has received a major boost following the payment of the country’s $42 million legacy debt owed Nigeria Gas Company (N-Gas).
The settlement of the debt to N-Gas among other things, enhances the country’s quest to use clean fuel for its power generation and afford the two countries opportunities for further discussions going forward.
The Chief Executive Officer of N-Gas, Mr Aliyu Aminu says the payment of the debt is a testament of the government of Ghana’s commitment to deepen its long-standing relationship with the company and the Republic of Nigeria.
Speaking at a meeting with Ghana’s Energy Minister, Mr Aminu commended the leadership of Dr Matthew Opoku Prempeh, saying “Since he took office in March, the Nigerian petroleum company has experienced a deeper collaboration with the Ministry of Energy.”