16th December 2024 8:00:06 AM
2 mins readPresident-elect John Dramani Mahama has called on the British government to assist in addressing Ghana’s worsening energy sector crisis.
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The appeal was made during a courtesy call by the British High Commissioner to Ghana, Harriet Thompson, on Saturday, December 14, at Mr. Mahama's office in Accra.
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Mr. Mahama expressed gratitude for the United Kingdom’s ongoing support for Ghana’s development and highlighted the urgent need for intervention to stabilise the energy sector.
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“If we don’t do something about the energy sector, it could crash everything we are doing. So, as quickly as possible, we want to look at what assistance we can get across the entire energy sector value chain to ensure a more sustainable sector going forward,” he noted.
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Ghana’s energy sector is currently in a critical state, plagued by years of mismanagement, inefficiency, and poor financial oversight. Finance Minister Dr. Mohammed Amin Adam recently revealed that the sector faces a staggering financing gap of $1.9 billion, which is now estimated to have grown to $2.5 billion (equivalent to over GH¢35 billion). This highlights the scale of the crisis.
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The International Monetary Fund (IMF) has also urged the Ghanaian government to overhaul the governance framework of the sector to address persistent challenges, including irregular electricity supply.
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During the meeting, High Commissioner Thompson congratulated Mr. Mahama on his electoral victory and reaffirmed the UK government’s commitment to strengthening bilateral relations with Ghana.
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“Your 120-day plan and our interests coincide, particularly in the areas of health, education, economic growth, and job creation,” she stated.
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The two leaders discussed key issues, including trade, investment, and development cooperation. They also explored opportunities to deepen collaboration in critical areas such as education, healthcare, and infrastructure development.
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Mr. Mahama’s 120-day plan aims to reset the country’s economic and social policies, with a focus on tackling pressing issues such as the energy crisis.
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The meeting underscored the shared commitment between Ghana and the UK to work together towards sustainable growth and development.
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