1.
LV CROWDS ZOOM BACK TO LV CEREMONY LOCATION.
0.09

2.
MV CROWD.
0.12

3.
MCU AFRICAN CHIEF ARRIVES.
0.17

4.
MV SEATED SPECTATORS
0.19

5.
MV AFRICANS IN ROBES.
0.22

6.
MV TV CAMERAS.
0.24

7.
SV PRESIDENT NKRUMAH ARRIVES, SHAKES HANDS (3 SHOTS)
0.39

8.
MV SPECTATORS.
0.41

9.
MV NKRUMAH SPEAKS.
0.44

10.
CU DITTO.
0.47

11.
MV DAM.
0.51



Initials JHS/V/CC/BB



Script is copyright Reuters Limited. All rights reserved

Background: PRESIDENT NKRUMAH PULLED A SWITCH TO INAUGURATE THE 150 MILLION STERLING (420 MILLION DOLLAR) VOLTA RIVER PROJECT AT AKOSOMBO YESTERDAY (SATURDAY). HE TOLD 2,000 GUESTS FROM ALL OVER THE WORLD THE PROJECT WOULD MEET ALL GHANA'S IMMEDIATE POWER NEEDS.

THE DAM SITE AT AKOSOMBO IS 60 MILES FROM ACCRA. PRESIDENT NKRUMAH SAID HIS COUNTRY WAS READY AND PREPARED TO SUPPLY POWER TO ITS NEIGHBOURS IN TOGO, DAHOMEY, THE IVORY COAST AND UPPER VOLTA.

GHANA HOPES THE VOLTA SCHEME WILL BREAK DOWN HER DEPENDENCY ON THE CULTIVATION AND EXPORT OF A SINGLE CROP, COCOA, WHOSE PRICE HAS DROPPED DRASTICALLY ON WORLD MARKETS RECENTLY.

THE DAM ITSELF COST GBP56 MILLION STERLING (156.8 MILLION DOLLARS) AND TOOK FIVE YEARS TO BUILD. IT WILL EVENTUALLY HOLD BACK THE WORLD'S FOURTH LARGEST MAN-MADE LAKE.

ANOTHER GBP35 MILLION STERLING (98 MILLION DOLLARS) WAS SPENT ON A LAKE HARBOUR AT TEMA WHERE AN ALUMINIUM SMELTER IS BEING BUILT. THE VOLTA RIVER AUTHORITY HOPES THIS WILL BE PRODUCING 100,000 TONS OF ALUMINIUM A YEAR BY 1969.