Energy Minister-Designate John Abdulai Jinapor has raised concerns about the growing debt burden in Ghana’s energy sector, describing it as a critical issue requiring urgent attention.
Speaking during his vetting before Parliament’s Appointments Committee on January 13, 2025, Mr. Jinapor revealed that the energy sector’s debt had escalated to over $3 billion as of January 12, 2025.
He noted that this increase compounded existing challenges, particularly the government’s financial obligations to Independent Power Producers (IPPs), which stood at $1.2 billion as of October 2024.
He further pointed out that the Mahama administration had left an energy sector debt of $2.1 billion as of August 31, 2017, underscoring the need for robust financial.
Source: Citinewsroom