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Explainer | Can the restructured energy sector levy solve Ghana’s power crisis?

Wed, Jun 4 2025 3:47 PM
in Ghana General News
explainer can the restructured energy sector levy solve ghanas power crisis
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Screenshot 2025 06 04 153927

Ghana’s energy sector has become a debt making machine with legacy debt pegged at some $3.1 billion as of March 2025. Shortfalls are estimated to cost the country about $8.94 billion between 2023 and 2026 with over a billion US dollars needed to procure fuel for thermal plants annually.

As a result of rising shortfall and fuel cost, government has reviewed the Energy Sector Levy (Amendment) Bill, 2025, which introduces an additional GH¢1 charge on every litre of petroleum products

But the question is, can this reworked levy solve Ghana’s growing energy sector debt?

Here is an analysis by Isaac Kofi Agyei and Winston Tackie on Beyond The Numbers:

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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