Ghana's Energy and Green Transitions Minister, John Jinapor, has raised serious concerns about the country's energy sector, cautioning that without urgent intervention, it risks collapse.
Speaking on a panel at the National Economic Dialogue (NED) in Accra, he highlighted the sector's staggering debt and persistent revenue shortfalls. "Today, I had a briefing, and the outstanding liabilities so far are about 80 billion, and they keep increasing. 80 billion cedis, those outstanding liabilities.
And so, today, if you were to put the energy sector back on its tools, you would have to cough up 80 billion to flush out the outstanding liabilities.
Clearly, that's unsustainable," he stated.