Dr. Matthew Opoku Prempeh Archives - Page 2 of 2

26 Sep

Parliament Sits On GNPC’s US$620m LITASCO Facility

Wontumi2BusinessDr. Matthew Opoku Prempeh, GNPC

The Ministry of Energy has disclosed that the proposed US$620million Ghana National Petroleum Corporation loan from Lukoil International Trading and Supply Company (LITASCO) SA will be laid before parliament for approval next month. According to the ministry, the GNPC is seeking the funds and has so far obtained board approval, upon which the sector ministry and the Ministry of Finance issued a ‘no objection’ and gave their go-ahead – in line with directives of the Public Financial Management Act (PFMA). The request, a statement from the ministry added, will be presented to the lawmaking body in mid-October when parliament reconvenes.…

22 Sep

No Wrongdoing In ‘GNPC-LITASCO’ Phase 6 Re-Financing Deal – Energy Ministry To Minority

Wontumi2BusinessDr. Matthew Opoku Prempeh

The Ministry of Energy has refuted claims made by the Minority in Parliament that the ‘GNPC-LITASCO’ re-financing arrangement is being done in secrecy without parliamentary approval. This comes after the Ranking Member on Parliament’s Mines and Energy Committee, John Jinapor in a statement alleged that government seeks to contract the facility using GNPC without the necessary approvals. But the Ministry of Energy in a rebuttal issued on September 22, 2023 described the move the Minority "as a calculated attempt to sully the reputation of government" for what they say is political reasons. It clarified that the GNPC-LITASCO’ re-financing arrangement has gone through various…

18 Sep

Support Developing Countries To Meet Net-Zero Targets – Energy Minister Urges

Wontumi2BusinessDr. Matthew Opoku Prempeh

Energy Minister, Dr. Matthew Opoku Prempeh is urging developed countries to support developing countries meet their net-zero targets. This, according to the Minister can be done by these countries redeeming funding pledges they made to support developing countries towards the reduction of GHG emissions. The Minister made this call when he addressed a high-level SDG Summit Action Weekend on the theme “From Billions to Trillions -Scaling-Up Energy Compacts to Deliver n SDG7” on the sidelines of the United Nations General Assembly in New York, USA on Sunday September 17, 2023. Dr. Prempeh said developing countries face the challenge of achieving the SDG7…

28 Aug

Energy Ministry Debunks IMANI, ACEP Claims Of Wrongdoing In Genser-GNPC Deal

Wontumi2BusinessDr. Matthew Opoku Prempeh

The Ministry of Energy has debunked claims in a report authored by the Africa Centre for Energy Policy (ACEP) and IMANI Center for Policy & Education regarding an enquiry report by the Parliamentary Select Committee on Mines and Energy pertaining to the Gas Sales Agreement between the Ghana National Petroleum Corporation and Genser Energy Ghana Limited. ACEP and IMANI in a joint report, among others accused the Energy Minister, Dr. Matthew Opoku Prempeh for inconsistencies, when he appeared before the Parliament’s Select Committee on November 24, 2022. But the Ministry in a statement issued on August 28, 2023 rebutted the claims in the report…

23 May

PetroSa Deal Is Not In The Interest Of Ghana – NAPO Tells Freddie Blay, GNPC

Wontumi2BusinessDr. Matthew Opoku Prempeh

The Minister for Energy, Dr. Matthew Opoku Prempeh, alias NAPO, has called out the Board Chairman of the Ghana National Petroleum Corporation (GNPC), Freddie Blay, over the PetroSA deal, which seeks to offload some of Ghana's oil interests to the South African National Company (PetroSA). According to The Chronicle newspaper, NAPO, in a letter to Freddie Blay, which it sighted, accused the former New Patriotic Party (NPP) chairman of pushing for the deal despite a government directive for it to cease. The energy minister, who is also the member of parliament for Manhyia South, told Blay that it is scandalous for him to…

13 Oct

Court Slaps NDC Communications Officer Sammy Gyamfi With 500K Damages For Defamatory Claims Against NAPO

Wontumi2Featured, NewsDr. Matthew Opoku Prempeh, NAPO, NDC Communications officer, Sammy Gyemfi

General Jurisdiction High Court (12) presided over by Justice Charles Gyamfi Danquah, has awarded Ghc 500,000.00 Ghana cedis in damages against the National Democratic Congress's (NDC's) National Communications Officer, Sammy Gyamfi, in favour of Energy Minister, Matthew Opoku Prempeh. In 2019, The then Minister for Education, and now Energy Minister, Dr. Matthew Opoku Prempeh, dragged Sammy Gyamfi, to court for defamation. Dr. Prempeh, popularly called NAPO, who doubles as Member of Parliament (MP) for Manhyia South, wants the court to fine Sammy Gyamfi GH¢1 million for allegedly making alleged defamatory statements about him. Aside from the huge cash fine, the…

25 Jul

‘You Are Ghana’s Future; Step Up and Be Counted’, VP Bawumia Urges Ghanaian Youth

Kakra NunuFeatured, NewsCOVID-19, DR BAWUMIA, Dr. Matthew Opoku Prempeh, UPSA

The Vice President, Dr Mahamudu Bawumia, has challenged Ghana’s youth, particularly the large number of graduates, to take advantage of Government’s various initiatives and interventions, particularly in the area of digitalization, to make a positive difference in their lives and the nation as a whole. Reminding the youth that they are the future of Ghana, Dr Bawumia urged them to fully utilise their innate and learned abilities to “step up, do something great, and be counted.” Vice President Bawumia made the call at the 13th Congregation of the University of Professional Studies, Accra (UPSA) on Saturday 24th July, 2021 during…

11 Jun

Bawumia, Napo Picture Gets Lecturer Fired Up (Video)

Kakra NunuFeatured, NewsDr. Ishaq Kyei Brobbey, Dr. Matthew Opoku Prempeh, NDC, NPP, Vice President Dr. Bawumia

A lecturer with Kumasi Technical University, Dr. Ishaq Kyei Brobbey has gushed over a portrait of Vice President Dr. Bawumia and Energy Minister, Dr. Matthew Opoku Prempeh and claimed that the two, look like candidates the New Patriotic Party would be presenting in the future. Reacting to the portrait which was displayed on the Wontumi Morning Show, Dr. Ishaq Kyei Brobbey simply stated that "it looks like a 2024 presidential ticket... it would be nice if this comes to pass." Speaking on the positives Vice President Bawumia has showered on the NPP, Dr. Ishaq Kyei Brobbey explained that for the…

27 Sep

“Nine New Model Schools To Be Completed By The End Of 2020” – Education Minister

Kakra NunuDistrict Diaries, Featured, NewsDr. Matthew Opoku Prempeh, E-block, Ghana, President Akufo-Addo, V-block

The Minister for Education, Hon. Dr. Matthew Opoku Prempeh, has assured the President of the Republic, Nana Addo Dankwa Akufo-Addo, that the nine model schools being constructed by his Government will be completed by the end of the year. According to Hon. Matthew Opoku Prempeh, the establishment of these new senior high schools comprises the construction of seven (7) new Senior High Schools and the upgrading of two (2) existing schools into model schools, making a total of nine (9) schools. The Education Minister made this known on Saturday, 26th September 2020, when President Akufo-Addo visited the site of the…