Ghanaian President sacks energy minister

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President Nana Akufo-Addo of Ghana has relieved Minister for Energy, Boakye Agyarko, of his post with immediate effect, the presidency said.

According to the presidency, Mr Akufo-Addo has asked Mr Agyarko to hand over to John Amewu, the Minister for Lands and Natural Resources, who would act temporarily as Minister for Energy, until a substantive appointment
is made.

No reason was assigned for Mr Agyarko’s sack.

However, local reports say his dismissal was linked to attempts by his ministry to amend portions of the controversial 510 million dollars power deal signed between Ghana and the UAE-based Africa and Middle East Resources Investment Group (AMERI) Energy in 2015 by the previous government.

The new agreement was to extend the current five-year deal with AMERI Energy which is currently operating a 300MW emergency power plant in Ghana to 15 years and bring on board a new company to manage the
plant for the period.

The government believes there was no value for money in the first agreement hence the Energy Ministry’s decision to go for renegotiation which has created controversies after the deal was withdrawn from
parliament after Ghanaians raised concerns about the cost.

NAN reports that President Akufo-Addo appointed Mr Agyarko as minister of energy in January 2017.

(Xinhua/NAN)

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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