PPL is a very sick State Animal
Summarized and contextualized by DistantNews.
At a glance
- Prime Minister James Marape described PNG Power Limited as a "very sick State Animal."
- He likened the company's condition to a "stage four cancerous stage," indicating a severe and terminal state.
- Marape's comments suggest a critical situation requiring significant intervention for the state-owned power company.
Papua New Guinea's Prime Minister James Marape has delivered a stark assessment of the state-owned power company, PNG Power Limited, describing it as a "very sick State Animal" that the nation is burdened with. His remarks paint a grim picture of the company's financial and operational health.
Marape did not mince words, comparing the company's dire condition to a terminal illness. "If I were to make an example of it, I canโt say itโs cancer, itโs in a terminal cancerous stage. Itโs not even stage one, stage two, or stage three. It is now in a stage four cancerous stage," he stated, emphasizing the severity of the crisis.
PNG Power Limited is a very sick State Animal that we are carrying to this day.
The Prime Minister's strong language suggests that PNG Power Limited is facing deep-seated problems that threaten its viability. The comparison to advanced-stage cancer implies that the company is in critical condition, requiring urgent and potentially drastic measures to address its systemic issues. Further details on the specific challenges and potential solutions were not immediately available.
If I were to make example of, I canโt say itโs cancer, itโs in a terminal cancerous stage. Itโs not even stage one, stage two, or stage three. It is now in a stage four cancerous stage.
Originally published by Post-Courier. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.