Mahama Calls for Urgent Overhaul to Save Ghana’s Energy Sector
President-elect warns of looming economic collapse without immediate reforms and pledges transparency in addressing the nation’s energy and debt challenges.
- Mahama describes Ghana’s energy sector as fragile and in need of urgent reforms
- Criticizes unresolved $2.5 billion debt undermining claims of economic recovery
- Criticizes unresolved $2.5 billion debt undermining claims of economic recovery
President-elect John Dramani Mahama has raised alarms over the precarious state of Ghana’s energy sector, urging immediate and sweeping reforms to avert potential economic instability.
Speaking during a meeting with Canadian High Commissioner Myriam Montrat in Accra on Friday, Mahama described the sector as being on the brink of collapse, emphasizing its critical role in the nation’s economic framework.
“The energy sector needs urgent surgery; otherwise, it risks bringing everything down,” he warned.
Mahama pledged his administration’s dedication to achieving sustainable, efficient, and reliable energy solutions for all Ghanaians. He also criticized the current government’s portrayal of economic recovery, highlighting unresolved debt challenges that could derail progress.
“You have a $2.5 billion debt with a $3 billion bailout, yet $2.5 billion of that debt remains, undermining claims of economic turnaround,” Mahama said.
He promised transparency in revealing the actual state of Ghana’s economy, ensuring that citizens understand the measures needed for recovery.
“When we take office, we’ll open the books and let Ghanaians know the reality, so they can support the necessary steps to rebuild,” Mahama assured.