Economist Professor Godfred Alufar Bokpin has cast doubt on the National Democratic Congress' (NDC) 24-hour economy proposal, calling it unrealistic in light of ongoing energy challenges.
Speaking on Joy News' Newsfile on Saturday, May 17, he said the country cannot even sustain a reliable 8-hour energy cycle, yet politicians are promising a 24-hour system. "You are not even getting power for your eight-hour economy cycle that we are running, and you are talking about a 24-hour economy," he said.
He described the state of Ghana's energy sector as one of the biggest threats to economic stability. "Apart from irresponsible mining, including illegal mining, what causes me sleepless nights is the energy sector," he said. "We have seen what both major political parties have done.
And we are now at a stage where politicisation doesn't help." According to him, the Electricity Company of Ghana (ECG) is recording distribution losses of around 40%, a figure nearly triple the world average. "That is not sustainable," he stressed. "Even if you are doing 15%, that is very high.