In accomplishment
and fulfillment of the grand chantier
promises made to Cameroonians the very first days he was re-elected in
2011back into office to re-pilot the
affairs of the Cameroonian economy again.
The head of State
President of the Republic
of Cameroon Paul Biya
haven’t done with the laying down of the Memvele and the Lom Pangar 238 Multi
Billion foundation stone of the hydroelectricity projects, on the 3rd of August 2012.
Have two other very
hot important files on his table which shall be visited immediately he steps
feet’s down the Nsimalene airport after his brief sejour in Europe may be to constitute
a new list of Cameroon
government officials’ void of any Pro-Marafa’s regarded harmful to the regime
in place.
The first will be the
Menchum Dam Project in the North West Region which will entail harnessing
energy resources from the fall to boast and subsidize electricity shortage in
the Region and other parts of Cameroon at
alarge.
A project which tops
rank in the Biya Major accomplishment project list this 2012 will surely give
Biya a solid reason to revisit the North West Region again for the sixth time I
think, after the last hectic one in December 10, 2010 for the celebration of
the 50th Anniversary of the Cameroonian Armed forces
day to lay the foundation stone of the project similarly.
The next stop inside
Southern Cameroon will still be in Buea for the Celebration of the 50
Anniversary of Re-unification which shall be done when Biya must have finished
with his appeasement, pacification and flattery program to Cameroonians with
the intention to secure Cameroon’s everlasting peace, stability and enhance
National integration through cajoling and diplomacy.
Looking at the
Cameroonian Political landscape there is nothing much desired by the Biya
Regime than peace, because honestly, citizens of Anglophone extraction are feed
up with his rule policies, governance and government.
Biya also to stay
long, has discovered so suddenly that there is no better way to cajole
Cameroonians than confuse them with multiple launch of ongoing projects and
messianic promises to clear him off any blame and over ride the reasonS of men
for his favor.
Lom Pangar Funds the Hydroelectricity project is jointly funded by the
Cameroonian government and five other donors, the first donor to fulfill their
loan engagements were the ADB and the BDEAC that signed their loan agreement in
Yaounde on
January 18, 2012. Of the total amount of the loan, FCFA 53 Billion will be used
to construct the Dam, toe plant and the 90 KV transmission line. Upon
completion in 2014, the lom pangar project will gulp fcfa 238 billion. Of this
amount, 62 billion is expected from the Cameroonian government which has
already contributed 59.6 billion. The World bank has disbursed 66 billion while
the African Development Bank is expected to chip in 33 billion FCFA and the
Development Bank of central Africa will
contribute 20 billion. The French development agency on its part will donate
39.3 billion and the European investment bank has contributed 19.7 billion.
Worth noting, most of the loans have been procured through conventions signed
with the government and the foreign economic partners.
The projects is being
executed by the China water electric cooperation, upon completion, the project
will have a reservoir capacity of 6 billion cubic meters of water and will
increase the volume of the Sanaga river by 1000 cubic meters of water every
second. This will greatly improve the production capacity of Edea and Song
Lolou Dams by approximately 170 megawatts of energy.
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