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Akosombo – The calculated riskpdf print preview print preview
18/09/2009Page 1 of 1

Akosombo – The calculated risk

THE following speech was delivered by Ghana’s President Kwame Nkrumah at the formal inauguration of the Volta River pro­ject on January 22 1966, a month before he was deposed.

“You see before you in all its majesty, strength and power — the Akosombo Dam, 463 feet from the lowest foundations, and 2,200 feet long, which has tamed the turbulent waters of the Volta, turning them into the beautiful vast lake which wilt ultimately cover over three per cent of the surface area of our country.”

What you see before you is the happy result of the faith and determination of our people and their friends. It is the outcome of the readiness of the Unit­ed States Government, the World Bank, and other financial institutions which, apart from our own con­tribution to the scheme, have granted loans and other forms of assistance in this great enterprise. It is an achievement in co-operation and joint endeavour.

I am personally happy that so many of those con­nected with this scheme are here with us today for this inauguration. In addition, I am pleased that His Holi­ness Pope Paul VI has seen fit to send a Papal repre­sentative to witness the ceremony.

On behalf of myself, and the Government and people of Ghana. I extend to you all a sincere wel­come.

We had looked forward eagerly to welcome in our midst today Mrs. Jacqueline Kennedy. We had wished her to unveil the plaque commemorating the part which her husband, the late President Kennedy, and President Eisenhower played in this endeavour. Mrs. Kennedy is unable to be with us here today. She has, however, written to tell me that she hopes to visit Ghana with her children, in the very near future. I have assured her that a warm and truly Ghanaian wel­come awaits her.

Next to the late President Kennedy and President Eisenhower, I must make mention of my friend Edgar Kaiser, whose faith and enthusiasm for the Volta Pro­ject provided the spark that brought it to life when the prospects for its continuation were at their lowest ebb.

It is a pity that Edgar’s father, Henry Kaiser, can­not be with us today. He has been a tower of strength and inspiration to Edgar and myself throughout our efforts on this project.

By this inauguration ceremony, our great and dynamic party, the Convention People’s Party, has kept faith with the people. In our party election mani­festo in 1951, we made a promise that we would do everything possible to bring the Volta River Project into being. From that time, this scheme has been one of our greatest dreams. My faith in it never faltered, in spite of the disappointments and frustrations created by the difficult and intricate financial negotiations involved. I have on a previous occasion told the story of my meeting with Edgar Kaiser in New York in 1958, which proved to be an important watershed in the story of this scheme. I cannot minimize the part played by Chad Calhoun as an intermediary between me and Edgar.

My meeting with Edgar Kaiser illustrates the way in which individuals of faith and goodwill can con­tribute to close relations between peoples and nations, between governments and governments.

With Edgar’s characteristic way of “getting down to brass tacks” — to use an American slang he took me straight along to see President Eisenhower who happened to be in the Waldorf Astoria Hotel in New York where I was also staying. Eisen­hower expressed surprise that the United States Government had delayed considera­tion of this scheme for so long. There­upon he turned to one of the principal aides in his party, who I believe was one of the key men in The White House at the time. He turned to him and asked: “then why don’t you get on with the damned thing?’ It was then that “The damn thing” — this giant hydroelectric scheme — was triggered back to life.

Even then, years of further negotiations followed. Throughout we had to demonstrate by resolute action and practical decisions our determination to go ahead with the project by all means. In 1959, when the finan­cial arrangements were still incomplete, I decided that, whether we succeeded in raising loans or not, we would go ahead with the scheme from our resources.

I therefore gave orders for the preliminary works to be constructed the Tema-Akosombo highway, the necessary access roads to the site, and the building of a new township in Akosombo. By this time, we were nearing completion of the construction of the Tema harbour and township, which were also essential parts of the preliminary works. And so we commissioned Kaiser Engineers to undertake the preparation of the necessary plans and tender documents. These deci­sions, risky as they then appeared, gained for us at least a year in construction time and its equivalent in money. It was this calculated risk which really gave the impetus to the scheme. In all this, Edgar Kaiser shared our optimism and gave us full support and encouragement.

I wish I had time here to discuss in detail the mag­nitude of Edgar’s contribution. However, I will men­tion only one example.

The Kaiser Company’s re-examination of the pro­ject enabled us to lower substantially the cost of the entire project, a reduction which was a critical factor making construction of this vast project economically feasible.

It was not until December 16, 1961, after three years of negotiations, that the legal documents pro­viding for the financing of the project, said to be the most complicated of their kind, were signed.

The financing of the project on such a scale involved many governments and international agen­cies. Its achievement was largely due to the sympathy and understanding of the late President Kennedy. He had a positive belief in this Volta River Project. I was the first President to meet him after his inauguration. And from that very moment I knew that I was in the presence of a sincere and honest man. Between us a real bond of friendship was established and we knew that whatever differences of opinion we might have, they could be dis­cussed rationally. It was characteristic of Kennedy that, despite the opposition of forces both in his Cabinet and Congress, he put his full personal weight behind the scheme. Indeed, at one time he stood alone in his Cabinet on this matter.

We live in a world of contradictions. These con­tradictions, somehow, keep the world going. Let me explain what I mean. Ghana is a small but very dynamic independent African state. We are trying to reconstruct our economy and to build anew, free, and equal society.

To do this, we must attain control of our own eco­nomic and political destinies. Only thus can we create higher living standards for our people and free them from the legacies and hazards of a colonial past and from the encroachments of neocolonialism.

In such a world we certainly need great friends. The United States is a capitalist country. In fact, it is the leading capitalist power in the world today. Like Britain in the heyday of its imperial power, the Unit­ed States is, and rightly so. Adopting a conception of dual mandate in its relations with the developing world. This dual mandate, if properly applied, could enable the United States to increase its own prosperi­ty and at the same time assist in increasing the pros­perity of the developing countries.

Edgar Kaiser. President Eisenhower, and Presi­dent Kennedy were genuinely interested in this pro­ject because they saw, behind the cold figures and the rigid calculations, that the Volta River Project was not only an economically viable project, but also an opportunity for the United States of America to make a purposeful capital investment in a developing coun­try. In other words, they saw in the Volta River Project a scheme with new dimensions of growth and devel­opment which they felt could benefit both Ghana and the United States.

It was on this common ground of our mutual respect and common advantage that our two countries — Ghana and the United States of America — made the contact from which this project grew. The result of this contact is living proof that nations and people can cooperate and coexist peacefully with mutual advan­tage to themselves despite differences of economic and political opinions.

Four years ago today, in January l962, I set off the blast which marked the beginning of construction of this scheme. Since then, we have witnessed a marvel of construction, organizational efficiency, and admin­istrative achievements.

You see before you in all its majesty, strength and power the Akosombo Dam, 463 feet from the lowest foundations, and 2,200 feet long, which has tamed the turbulent waters of the Volta, turning them into the beautiful vast lake which will ultimately cover over three per cent of the surface area of our country. Due to the fact that the River Volta is very deep at this very point, over two thirds of the dam lies hidden beneath the surface of the water.

The result of this is that this huge structure blends harmoniously and imperceptibly into the natural land­scape, giving the impression that this dam and its vast lake are not man-made but a creation — a creation of nature. To the east are the two spillways with their 12 gigantic gates.

Further east is the Saddle Dam, closing a gap in the hills, a large dam in its own rights.

To the west of the main dam is the powerhouse wherein are Installed the large turbines fed by water tumbling down the huge penstocks, and generators which will provide the country with electric power, nearly 10 times the present power production in the country from all sources.

We have enough power for our immediate needs from the Volta Dam and for the aluminium smelter which VALCO is now constructing at Tema. But we are ready and prepared to supply power to our neigh­bours in Togo, Dahomey, the Ivory Coast, and Upper Volta. As far as I am concerned, this project is not for Ghana alone. Indeed, I have already offered to share our power resources with our sister African states.

The story of the Volta River Project will not be complete without reference to the 80.000 people who had to be moved from their villages, and resettled in other areas, because of the formation of the Volta Lake. The story of this resettlement scheme is an epic in itself.

I would like to pay tribute to the thousands of fam­ilies who were called upon to move from their tradi­tional homes in the interest of the nation. Today, as we inaugurate Volta power, they can share in the joys of the country, in our sense of achievement, and in our gratitude for the sacrifices which have made this pro­ject possible.

I must also record with pride the important role which thousands of Ghanaians have played at all lev­els and in all aspects of the scheme. As we move into the new phase of our development, we have every confidence that all Ghanaians who have worked on this scheme will bring to bear on the problems of our nation arid continent the experience they have acquired in the implementation of this scheme.

And here I would like to pay tribute to the work of Sir Robert Jackson and the staff of the Preparatory Commission who prepared much of the detailed over­all planning on which this scheme is based. I must also say a special word of thanks to Frank Dobson, Chief Executive of the Volta River Authority, and all the members and executives of the Authority. They have done a grand job. In this connection, I must congratu­late the contractor, Impregilo and Company. This con­sortium of giant Italian construction organizations combined their strength and skill to build the Volta Dam. It was a magnificent and challenging job, and they have done it magnificently.

The Volta River Project is a concrete symbol of the type of international co-operation which can, to quote my friend Edgar Kaiser, help to “forge world peace”. It is perhaps the greatest tragedy of today’s world that billions of dollars, rubles, and pounds should be spent every year on military armaments and on wars. If the money wasted on wars and war preparations were invested in projects like the one spread out before us, these enormous capital funds could revolutionize the economies not only of the developing world, but also of the developed countries.

It would in fact eliminate what is the major threat to world peace, namely the ever-widening gap between the developed and the developing nations. Unless this gap is closed, no peace effort of any kind can save mankind from ruin and ultimate destruction.

It is in this spirit of fruitful collaboration for a bet­ter world for all that I welcome you here to inaugurate the Volta River Project. Let us dedicate it to Africa’s progress and prosperity. When, in a few moments, I turn the switch to shed the full radiance of Volta power on this scene. may it symbolize not only a great achievement of Ghana, but let it also be a light leading us on to our destined and cherished goal a union government for Africa.

Only in this way will Africa play its full part in the achievement of world peace and for the advancement of the happiness of mankind.


You see before you – in all its majesty, strength and power – the Akosombo Dam, 463 feet from the lowest foundations, and 2,200 feet long, which has tamed the turbulent waters of the Volta, turning them into the beautiful vast lake which will ultimate cover over three per cent of the surface area of our country.







               Daily Graphic        Page:   34        Friday, September 18, 2009


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