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Janyanfara
Tanzania
1350 Posts |
 Posted - 15 Aug 2011 : 01:32:39
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The financial status of the National Water and Electricity Company (NAWEC) is in jeopardy as the government and its parastatals, as well as some private institutions and individuals continue to default in paying their water and electricity bills.
As at 21 June this year, NAWEC is owed over two billion dalasi by those powerful public and private institutions.
For instance, the office of the president together with eleven ministries owed to NAWEC an exorbitant amount of over thirty-two million one hundred and twenty thousand dalasi, according to authoritative records. The Ministry of Defence has the highest debt among the lot.
Government-related accounts and parastatals, including the national broadcaster - GRTS, the Green Industries, and the Presidential Villa, also owed to NAWEC over fifty million dalasi. GRTS’ owes over D14, 000,000.
The seven area councils in the country combined owed to NAWEC over one hundred and twenty-five million, three hundred and seventy-six thousand dalasi. Brikama Area Council owes the highest.
Some private institutions and individuals including Amadou Samba, Mustapha Njie, Ocean Bay Hotel, Kanilai Farms, and Taf Constructions owed to NAWEC almost eleven million dalasi.
Earlier on, the finance director of NAWEC, Alhagie Jallow, has said the company will do everything within its ability to recover the arrears to help the institution to provide the services it should be providing.
However, the company has taken an initial step to recover the debts by sending a comprehensive list of its debtors to the National Assembly so that the legislators can use its powers to recover in full all debts due and outstanding to NAWEC”.
The Public Accounts and Public Enterprises committees had scheduled to convene extra-ordinary session on 11 and 12July in order to put measures in place to help NAWEC recover its debts.
However, a press release from the National Assembly published on 8July states that the extra-ordinary session has been postponed till further notice. No reason was advanced.
NAWEC has incurred an operational loss of more than seven hundred and sixty-one million dalasi between 2008 and 2010, which has impeded the revenue base of the company and continues to affect its operational obligations.
Due to this huge drawback in revenue and the continued rise in debt owed to it, the National Water and Electricity Company (NAWEC) is facing serious difficulties in paying its suppliers.
As at the end of 2010, the company owed to its major suppliers D830 million, up from over D378 million in 2008.
To assuage its predicament and meet its operational obligations, NAWEC has recently increased its electricity tariffs despite public disapproval.
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Karamba
United Kingdom
3820 Posts |
Posted - 15 Aug 2011 : 01:45:02
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"Earlier on, the finance director of NAWEC, Alhagie Jallow, has said the company will do everything within its ability to recover the arrears to help the institution to provide the services it should be providing."
Question
How was the amount allowed to build up that tall ? |
Karamba |
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toubab1020
12306 Posts |
Posted - 15 Aug 2011 : 13:05:22
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"How was the amount allowed to build up that tall ? "
You don't know ?
come on get real,even to me a toubab its obvious look at the debtors list.
Do you think that NAWEC management could do anything about the mountain of debt that was constantly growing ?
Its unlikely that turk or Moe will join in this topic. |
"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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Edited by - toubab1020 on 15 Aug 2011 13:07:02 |
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Janyanfara
Tanzania
1350 Posts |
Posted - 15 Aug 2011 : 20:48:52
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| They hate to see people talking sense because that exposes the dictator's dubious dealings. Moe& gang of jammehrites would feel unconfortable now and all they would be looking for is to find problems for Mr. Jallow so they can get him. |
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Kitabul Arerr
Gambia
645 Posts |
Posted - 15 Aug 2011 : 23:55:19
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Maybe it's time to name the government and its parastatals to what they really are: Parasitals....L L!
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The New Gambia - Stronger Together! |
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Janyanfara
Tanzania
1350 Posts |
Posted - 17 Aug 2011 : 23:17:04
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| you right ma brother. the truth is Moe , turks and sister omaga never comments on such truths.They always stay muted and angry that their master is being exposed on a daily basis. |
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Dembish
Gambia
284 Posts |
Posted - 18 Aug 2011 : 10:53:42
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| Where is the APRC Mouths on the BANTABA? they are so quite I can't believe it.Come on, the Pro Jammehs come on the defensive.LOUDOUL DEGGA FEN REH LAI DON.(what is not truth, can only be a LIE) |
There is no egg without a chicken, and no chicken without egg. |
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Janyanfara
Tanzania
1350 Posts |
Posted - 22 Aug 2011 : 02:11:13
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Bro Dembish,
Don't waiste your inch about these so called Jammehrites. They all enemies of the free Gambia infact some of them were agents of torture and they now ant to stay with the devil least they exposed by him.
Can't you see it clearly that when they see clear cut truth about their boss in crime, they fist ask for proof and when they see proof, they are dumb and cannot talk. Thats why you would not hear anything about these truth of crime against Gambian economy. |
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Karamba
United Kingdom
3820 Posts |
Posted - 22 Aug 2011 : 03:57:36
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No doubt the comrades in crime will want to stick together until they are finally blown apart by the inevitable. People with criminal mindset easily identify together. Given the hands, these people will destroy more than the master in crime is doing. You don't have to doubt or guess. Any person who is happy to see brutality exerted on fellow humans, watch out what that person will do given the chance.
What beats reason more and more is this situation where people bent on destroying keep trumpeting about development, development, development.
What many of the comrades in crime found out is how they simply have to pretend supporting the gang leader till his more evil balance takes rule over. That is when he dumps them for good. Anyone who supports a tyrant is no less of the evil tyranny represents. |
Karamba |
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