Parliament has approved the Energy Sector Levy (Amendment) Bill, 2025, introducing a GHS1 increase in the levy on petroleum products. The measure is expected to generate an additional 5.7 billion Ghana Cedis in revenue to help reduce energy sector debts and support stable power supply. According to Finance Minister Dr. …
Read More »Ghana’s Energy Sector Debt Likely To Hit ¢12.5 Billion by 2023 – ACEP
Executive Director for African Center for Energy Policy (ACEP), Benjamin Boakye, has predicted that Ghana’s energy-sector debt could surge to ₵7 billion by the close of the year 2021and ¢12.5 billion by 2023 if urgent measures are not put in place to check debt accumulation in the sector. Speaking on …
Read More »Ministries make money; They Should Pay Their Bills – Energy Expert To Government
Executive Director of the Institute for Energy Policies and Research (INSTEPR), Kwadwo Poku says Ministries and other state-owned agencies who do not pay their own electricity bills should be made to do so. This, according to him, will help reduce the country’s current energy sector debt. Speaking on Newsfile on …
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