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Nigerian militants upsetting our economy, Ghana laments

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Nigerian militants upsetting our economy, Ghana laments

The activities of militant groups in Nigeria’s Niger Delta area are beginning to have rippling effects on the electricity supply, and by extension, the economy of neigbouring Ghana.

Ghanaian President, John Mahama, has said the power cuts being experienced in the country of late was a result of delays in the supply of crude oil from Nigeria.

According to Mahama, Ghana is finding it difficult to receive crude oil supplies to power its thermal stations because of renewed militancy in the oil rich Niger Delta region.

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President Mahama who stated this during his Eid-el-fitr speech at a ceremony, also said that companies and individual were beginning to complain over the massive power cuts being experienced.

“We have recently suffered some generational problems. I held a stakeholders’ meeting with all those involved in the power sector. Because of sabotage in Nigeria on the terminals, crude oil that we ordered last month has not arrived; and so, it has created some generational problem for us,” the President said.

Mahama, who promised that things would soon normalise, said his administration was taking every step to ensure the security of power supply.

Renewed militancy in the oil rich Niger Delta region has led to the loss of hundreds of thousands of crude oil daily, and millions of dollars by Nigeria.
Among the groups, the Niger Delta Avengers, NDA, has claimed responsibility for blowing up several oil and gas pipelines belonging to NNPC, Shell, Chevron and Agip.
The militants’ activities had also forced some of the companies at one time or another to declare force majeure, over operation in the region.

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