-says has cost country an additional US$373.6m
The Alliance For Change (AFC) has come out against the People’s Progressive Party/Civic (PPP/C) government’s management strategies regarding the electricity sector saying it has cost the country US$373.6m.
The AFC, in a press release signed by senior executive David Patterson, outlined what it says are the “incompetencies” associated with gas-to-energy project timelines and costs attached to the government’s temporary measures to address the country’s rising energy demands. In the press release, issued on Saturday, Patterson said that Vice President Bharrat Jagdeo’s October celebration of the US EXIM Bank’s approval for the loan was premature. In fact, the AFC’s release reminded that official approval was only received on December 26, 2024.
