News:
May 19, 2025
The Minority in Parliament has criticized the Minister for Energy and Green Transition, John Jinapor for his continuous unfavourable public comments on the energy sector.
They argued that not only has his statements instilled fear among Ghanaians but also sent troubling signals to the business community.
As such they charged him to prioritize implementing tangible actions that will resolve the ongoing issues plaguing the power sector over rhetoric.
At a press conference on Monday, May 19, 2025, and addressed by George Kwame Aboagye, Ranking Member on the Energy Committee and Member of Parliament for Asene- Manso Akroso, he noted that such remarks create an atmosphere of uncertainty and instability, which is detrimental to investor confidence.
“The Minister’s recent claim that Ghana has only “2.6 days of fuel left” was not just baseless, but economically damaging. Such remarks create an atmosphere of uncertainty and instability, which is detrimental to investor confidence”.
While acknowledging the financial challenges in the sector, the Minority charged the Minister to:
1- stop the fear-mongering and focus on fixing supply issues for IPPs;
2- Engage stakeholders to renegotiate burdensome take-or-pay contracts;
- Strategically set KPIs for ECG and NEDCO to reduce operational and distribution losses and improve revenue collection;
- Address challenges of the Cash Water Fall mechanism and enforce it;
- Diversify the Energy Mix with renewables and Gas optimization (maximize Jubilee and TEN fields to reduce reliance on imported fuels;
- Encourage off-peak consumption by industries to flatten demand curve;
- Accelerate the roll-out of smart metering to curb theft and increase revenue mobilization;
Ghanamps.com