Ranking Member on Parliament’s Energy Committee, George Aboagye, has described as alarming the Ministry of Energy’s recent revelation that it requires GH₵1.1 billion to procure liquid fuel for power generation, warning that without urgent and sustainable solutions, Ghana’s energy sector challenges will continue to deepen.
The ministry disclosed that existing fuel reserves could be depleted in just 2.6 days if the needed funds are not secured. This shortfall is part of a broader GH₵2 billion monthly deficit in the energy sector, primarily attributed to the Electricity Company of Ghana’s (ECG) persistent revenue collection challenges.
Speaking on Eyewitness News with Sammi Wiafe on Thursday, May 15, George Aboagye acknowledged the scale of the problem and called for a unified, strategic national effort to address the root causes.
“It’s a lot. GHC1.1 billion is not a small money. We all know the problems the ECG is going through. We need to sit down as a country and find solutions.”
He stressed the need for long-term investments and reforms in the sector to end the recurring crises
“If not, we will always be showing the gloomy picture out there and telling people the problem. The problem has been there. We need to solve it once and for all. If not, all these problems will keep compounding. The challenges are enormous.
Aboagye emphasized the importance of decisive action and investment to stabilise the power sector and ensure a reliable electricity supply for homes and businesses.
Energy Ministry seeks GH₵1bn with 2.6 days of fuel left
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