The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has urged President Akufo-Addo to reconsider signing an $800 million gas processing contract, cautioning that it may lead to significant financial losses for the country.
Mr Mahama expressed concerns over the long-term consequences of the deal, suggesting that it could result in future judgment debt if not handled properly.
This warning comes after the Minority Spokesperson on Energy, John Jinapor, alleged that the CEO of Ghana National Gas is being pressured by the presidency to approve the contract without due legislative oversight.
Mr Jinapor raised concerns that the deal was being rushed through without proper parliamentary scrutiny, potentially exposing the state to financial risks.
Speaking at a community engagement at Town Council Line on Saturday, September 28, Mahama emphasised the importance of ensuring the contract is brought before Parliament for approval.
He argued that any deal of this magnitude should be subject to full legislative scrutiny to protect the country’s interests.
Mr Mahama further suggested that the government’s rush to sign the deal could be driven by self-interest, as their term nears its end.
He warned that those responsible for pushing the contract without proper checks would be held accountable if it led to financial losses for the state.
“The NPP administration knows they are going out of office, they are trying to sign an agreement and commit this country to certain projects for which they would want to take advantage. For 8 years, this government has not invested in producing more gas.”
“Even though there isn’t enough gas in sight, they are in a hurry to commit to this country for a second gas stream before they leave office.”
“And I’m telling them this could lead to financial loss to the state, and it could lead to judgment debts. So if they haven’t signed yet, they shouldn’t sign it. This $800 million gas processing contract must go to Parliament for approval. You cannot hide and sign this contract behind the people of Ghana. We will hold you to account if it results in judgment debts.”
“At this late stage of your government, you should not be busy signing contracts that will bind this nation for many years. Let me warn all involved in this contract that they will be held responsible if the state suffers a financial loss.”