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    Spy Ghana: Nigeria To Ghana: No Money, No Gas

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Summary

Despite recent denials by Ghana that an unpaid debt was the reason for a gas outage, sources say Nigeria is considering cutting off the country for a $120m debt

by: Erica Mills

Posted in:

Press Notes, Africa

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Spy Ghana: Nigeria To Ghana: No Money, No Gas

Nigeria is considering cutting gas supply to the Volta River Authority (VRA) following the power producer’s failure to pay an estimated $120million for six months’ supply of gas, information gathered by Business Day has revealed.

Though Nigeria paid Ghana $ 10 million as compensation for having breached its gas supply agreement with the country, the VRA has failed to pay for gas received from Nigeria; a situation which sources say is necessitating Nigeria’s move.

Read the full article HERE.

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