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NDC has to be in opposition for 24 years - Gabby

<strong>Gabby Asare Otchere-Darko</strong>, a leading member of the New Patriotic Party (NPP), has said the National Democratic Congress (NDC) deserve to be in opposition for a long time.
Cedi performance has been remarkable – Gabby Otchere-Darko
Cedi performance has been remarkable – Gabby Otchere-Darko

The founder of the political think-tank Danquah Institute, opines that due to the mismanagement of state resources under the erstwhile NDC administration, they have to punished by Ghanaians with 24 years in opposition.

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This, he said, in reaction to the criticism leveled against the government by the NDC on the botched PDS deal.

In a post on Facebook, Asare Otchere-Darko said: "I heard the NDC complaining about Ghana losing $190m (or even potentially more) from the USA over the ECG concession issue, when by their misdeeds we are throwing away $500m a year for power we don’t use. Thanks to this same Mahama NDC and the power purchase agreements they signed, total capacity charges for the IPPs annually is around $850m”

“Yet, on average we use less than 40% of all that power! This is what puts the amount we spend annually for excess capacity (what we pay but don’t use) at $500m! The curse of unbridled take-or-pay deals with Govt that used the excuse of dumsor to create another crisis. With deals like this, I guess we should rather have put the NDC Govt out on an OSP (Opposition Sector Participation) concession for at least 24 years!” he wrote on his wall.

Gabby Asare Otchere-Darko

Gabby Asare Otchere-Darko

Last week, the government of Ghana announced a termination of the power deal with the Power Distribution Services over irregularities in their purchase agreement.

This has led to the United States government threatening to withhold the remaining $190m due Ghana under the Millennium Challenge Corporation if the deal is not re-instated.

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