President-elect John Dramani Mahama has raised an alarm over the precarious state of Ghana's energy sector, describing it as a critical area requiring immediate and comprehensive reforms.
Mahama has emphasised the urgency of addressing the sector's challenges to safeguard the nation's economic stability.
He made this public during a courtesy call by the Canadian High Commissioner to Ghana, Myriam Montrat, in Accra on Thursday, December 19. "The energy sector needs urgent surgery; otherwise, it can collapse everything," he noted.
The President-elect expressed concern over the mounting debt burden in the energy sector, which he believes undermines any narrative of economic recovery. "You have a $2.5 billion debt, your bailout is only $3 billion, and so $2.5 billion sitting and breathing, and you say the economy is turning around," Mahama stated, criticising the outgoing administration's portrayal of economic progress.