President-elect John Dramani Mahama has raised serious concerns about the state of Ghana’s energy sector, calling for urgent and comprehensive reforms to address its challenges.

Speaking during a courtesy visit by the Canadian High Commissioner to Ghana, Myriam Montrat, in Accra on Friday, Mahama warned that the energy sector’s fragile condition could jeopardise the country’s economic stability if not addressed swiftly.

“The energy sector needs urgent surgery, otherwise it can collapse everything,” Mahama said, emphasising the need for reforms to ensure efficiency, sustainability, and a reliable energy supply for all Ghanaians.

Mahama also criticised the current administration’s portrayal of economic recovery, pointing to the unresolved $2.5 billion debt in the energy sector despite a $3 billion bailout. He argued that the debt remains a major obstacle to progress and dismissed the government’s optimistic economic narrative.

“You have a $2.5 billion debt, your bailout is only $3 billion, and so $2.5 billion sitting and breathing, and you say the economy is turning around,” he said.

Mahama cautioned that the lingering debt could undermine any positive developments, suggesting that the government is attempting to create a more favourable economic story before it leaves office.

The President-elect reassured Ghanaians that his administration would prioritise transparency, promising to open the books when in office to provide a clear picture of the country’s economic situation. “We will let Ghanaians know what the true situation is,” he said, adding that understanding the reality would help the public grasp the necessary measures for economic recovery.

Source:TheDotNews