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Tuesday, May 20, 2025

Effia MP slams govt over reduced energy sector budget

Member of Parliament for Effia and former Deputy Ranking Member on the Parliamentary Select Committee on Energy, Isaac Boamah Nyarko, has criticized the government’s 1.2 billion cedi allocation to the Ministry of Energy and Green Transition for 2025.

His comments follow Parliament’s debate on the 2025 Budget Statement and Economic Policy, which saw budgetary cuts across several sectors.

According to him, the 2025 allocation for the Energy and Green Transition Ministry has significantly dropped from 1.6 billion cedis in 2024 to 1.2 billion cedis, raising concerns about the sector’s ability to function effectively.

Speaking to Citi News on Wednesday, March 26, Nyarko expressed deep concern over the reduction, stressing the pressing challenges facing the energy sector.

“Let’s take the Ministry of Energy and Green Transition, for example. In 2024, they were allocated a budget of 1.648 billion GHS, which was later revised to 1.346 billion GHS in the midyear review. Now, for 2025, they are being allocated only 1.2 billion GHS, representing a reduction of over 100 million.

“How can we expect the ministry, with all the challenges in the energy sector, to deliver on its mandate with such a deficit? This raises serious concerns about how the government is managing expected revenues and its budget appropriations,” he stated.

Nyarko’s remarks reflect growing apprehension over the government’s budgetary priorities, particularly in critical sectors such as energy, where funding reductions could impact service delivery and long-term infrastructure development.

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