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Ex-President’s Plea: ‘I’m Still Really Afraid for Our Country!

Senegal’s Former Minister Mansour Faye Slams Prime‌ Minister Ousmane Sonko’s “Scandalous” Decision at OMVG Conference

In a scathing critique, former minister Mansour Faye has⁢ lambasted a⁤ decision made by Prime Minister Ousmane Sonko during​ teh Conference of Heads of State and Government of the OMVG ⁣ in⁢ Banjul. Faye characterized the move as​ “scandalous” and ⁤”incomprehensible,” warning of potentially severe repercussions for ⁢Senegal,especially in the realm of regional energy project management and ​financial risk.

Faye’s Detailed Critique

Faye’s⁢ extensive post on the matter underscores the ⁣gravity of the situation. He noted ‌that the Conference of Heads of State ⁢and Government of‍ the OMVG is the apex body in the governance architecture of the ‍organization. Among⁣ its key responsibilities,‌ the Conference can ​definitively resolve issues that have been stalled at the Council of ‌Ministers level.

Faye emphasized that the OMVG, ⁤similar to the OMVS, operates on a consensus⁤ basis across ​all levels and on all subjects. The projects undertaken by member countries involve shared debt ⁤and‍ revenue distribution according to⁢ a mutually agreed-upon key.

The Energy Project and⁢ Its ⁣Implications

The OMVG’s energy project comprises two main components:

  1. A transport network (interconnection ​line or electricity motorway) ⁣spanning over ​1,700 km, with funding exceeding‌ USD​ 700 million.
  2. The growth of the Sambangalou hydroelectric plant for energy⁢ production of approximately 128 megawatts and the regulation‍ of the Gambia River, with financing ​of nearly‌ 400 million euros.

As is customary, the exploitation of production necessitates the ⁢creation of an operating and management company, which⁣ lead to the establishment of Sogesart.

Faye’s Concerns Over⁣ Sogesart’s Management

During the negotiation ⁣phase for Sogesart’s implementation, it ⁤was ​agreed that ​Senegal would host the‌ headquarters, likely in ⁤ Kedougou, and take on ‍the role of ​director-general, ⁤at least during the repayment⁣ period. Given that Senegal⁤ is the only member⁢ country eligible for financial‍ partners,‌ it has ⁤guaranteed the debt for ⁢this project.In ‌banjul,Prime Minister ⁢Sonko,described by Faye as a “frivolous half-god,”⁤ disregarded expert advice and made⁣ a “catastrophic and incomprehensible” decision. Sonko reportedly settled for ‍the ⁤position of Secretary-General, leaving the choice of headquarters and ‍Director-General to the other two member countries.Faye⁤ pointed out that the Secretary-General ​of an execution structure‍ has⁣ no influence over the ⁢decisions or management of the Director-General. The only issue‌ that ​seemed to concern‍ Sonko ‍was the exemption ⁣from the‍ headquarters agreement, despite other advantages.

potential Consequences for Senegal

Faye expressed grave concern that ‍Senegal will‌ have no control over the viability and profitability⁤ of ⁤Sogesart. The real risk that the guarantee given⁤ by Senegal might⁣ be ‌called ⁤upon​ cannot be ruled out. The sector players in⁣ Senegal are ⁤reportedly frightened ‍and desolate.

Faye lamented that Senegal ‍would suffer from the consequences of this​ decision, leading to‌ enormous losses of opportunities, particularly ⁣in job creation, and unneeded risks of‌ reimbursing hundreds‌ of millions​ of⁢ US​ dollars.

Summary of Key Points

| Aspects⁣ of⁤ the Decision ​| Potential Impact |
|————————|—————–|
| Prime Minister’s Decision | Loss of control over Sogesart’s viability and profitability |
| consensus-Based Operation | Potential financial risks for Senegal |
| Energy Project Components | Job losses and economic risks |
| ‌ Expert ⁢Advice ⁤Ignored | Severe repercussions for regional ‌energy management |

Conclusion

Mansour Faye’s critique‍ highlights a critical juncture for Senegal, warning ‍of meaningful economic and political ramifications ⁣stemming ‍from Prime Minister Ousmane Sonko’s decision.As the nation navigates⁢ these challenges, the broader ⁣implications for regional cooperation and Senegal’s financial stability ⁢remain a‌ cause​ for concern.

For more insights into the⁣ OMVG and its projects,visit the OMVG official website.

Stay tuned for ‌further updates on this developing story.

Interview with Mansour Faye on Senegal’s Energy Project Challenges

Editor’s Introduction

In‍ a recent move, ‌Senegal’s Prime Minister, Ousmane Sonko, announced⁤ a ‌important decision regarding the country’s energy projects.Mansour ​Faye, a prominent figure in the energy sector, has expressed grave concerns about the implications of this decision. faye ⁣discusses the potential⁢ financial risks, job losses, adn‍ broader economic implications for Senegal.

Editor’s Interview with Mansour ‍Faye

Editor: Mansour,thank you for taking the time too speak with us regarding the recent decision by Prime minister ⁢Ousmane Sonko. Can you start by⁢ explaining the primary issues you have with this ‍decision?

Mansour Faye: Thank you for having me.The‍ prime issue for me is the exemption​ from⁤ the headquarters agreement, despite other advantages. This exemption ⁣can​ lead to severe repercussions‍ for Senegal, including loss ⁣of control over the viability and profitability of Sogesart, a key‌ energy project.

Editor: You’ve mentioned ⁢that Senegal ⁣might face ​substantial financial risks. Could you elaborate on this?

Mansour Faye: Certainly. The key concern⁣ is that Senegal will have ‍no oversight over the financial health of Sogesart. There is a real risk that the guarantee given by ⁢Senegal might be called upon,⁣ which could lead to enormous losses, particularly in job creation, and place unneeded risks of reimbursing hundreds ‌of millions ‍of US dollars.

Editor: How‍ do you think this decision will affect job creation and the broader economy?

Mansour Faye: ‌Job creation is a critical aspect here. The ‍sector players in Senegal ​are reportedly frightened and desolate because this decision‍ could ⁤lead to job ​losses‍ and severe ‍economic repercussions.‍ The lack of control over the energy project components further heightens the risks.

Editor: What do you think about ‌the consensus-based operation and ⁢how it ties to the decision?

Mansour ⁢Faye: The consensus-based operation might sound good ‌in theory, but⁢ in practice,‌ it ignores expert⁢ advice. ‍This ⁢decision‌ has been ⁢made despite⁤ warnings from ​experts, which could have ‌severe repercussions for regional energy management⁤ and Senegal’s financial stability.

Editor: ​ Given these concerns, what would you advise the government to do moving forward?

Mansour⁢ Faye: I would strongly advise​ the government to reconsider ⁢this decision and seek more consensus with industry experts. There needs to be a‍ balanced approach that ensures ​Senegal has some control over its⁢ energy projects and⁤ assured financial stability.

Conclusion

Mansour Faye’s critique⁣ highlights a critical​ juncture for ‍Senegal, warning of meaningful economic and political ⁤ramifications⁢ stemming from Prime Minister ousmane Sonko’s decision. ‍As the nation‌ navigates these challenges, the broader implications for regional cooperation and senegal’s financial‌ stability remain a cause for concern.

For more insights into ‍the OMVG and its projects, visit the OMVG official website.

Stay tuned ​for further updates on this developing story.

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