
Govt to invest $2bn annually for five years to tackle unemployment
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7th March 2025 2:26:44 PM
2 mins readBy: Chris Kodo

Energy and Green Transition Minister John Abdulai Jinapor has announced plans by the government to construct a second gas processing plant.
Addressing the press today, he said, "In the medium-long term, Cabinet has approved that in partnership and in conjunction with the Finace Ministry, with immediate steps to construct a second gas processing plant."
According to the minister, "this gas processing plant will augment the short fall and increase supply security."
His comment comes at a time when there is growing concerns over the sector’s financial sustainability and operational efficiency.
Ghana’s energy sector continues to grapple with mounting debt and liquidity constraints, which have strained power generation and distribution. The financial burden, estimated to exceed US$2 billion, has impeded investment in infrastructure and technological advancements necessary for a sustainable energy supply.
However, John Abdulai Jinapor has reaffirmed the government’s commitment to implementing innovative financial solutions to address the ongoing crisis in Ghana’s energy sector.
The minister has also shot down a request by the Minority in Parliament for a load shedding timetable due to the intermittent power outages being experienced in some parts of the country.
He noted that there is enough power, hence there would be no need for such a timetable.
After four years of preparatory and construction work on the onshore gas processing plant, Ghana officially joined the comity of gas processing countries in September 2015 when then President John Dramani Mahama inaugurated the Atuabo Gas Processing Plant operated by the Ghana National Gas Company (Ghana Gas).
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