The Minister of Energy and Green Transition, John Jinapor, has announced a 50% reduction in the budgetary allocation for the Electricity Company of Ghana (ECG), cutting it from GH₵500 million to GH₵250 million.
This decision follows reports of missing containers at the port and growing financial challenges in the energy sector.
Speaking on the floor of Parliament, Jinapor stressed the urgency of addressing the GH₵80 billion debt crisis in the energy sector, warning that failure to act could lead to its collapse. "We have reduced their budget from GH₵500 million to GH₵250 million.
Because we must pay the power producers.
