I Leave Office With Lights On- Akufo-Addo
One of sources of peace for outgoing President Nana Addo Dankwa Akufo-Addo has been that he has averted an energy sector crisis bedeviled with erratic power supply, he has said.
“Mr. Speaker, it is worth emphasizing that I inherited a nation plagued by dumsor, but I am very happy to say that I leave office in 2025 with the lights on,” he said during his last state of the nation address on January 3, 2025.
That notwithstanding, he said, the energy sector debt- which was projected to rise within five (5) years to US$12.5 billion- had been retained at the same level.
“Through tough negotiations with Independent Power Producers (IPPs), prudent financial management, and targeted interventions, we have been able to stabilise the sector, while keeping the lights on.
“I am pleased to report that we have kept the energy sector legacy debt at two-point-five billion ($2.5 billion), the same level we inherited, and have averted the twelve-point five billion dollar (US$12.5 billion) debt scenario, despite the rising cost of energy production, and the global economic challenges that have unfolded during my tenure.”
According to him, the energy sector has been transformed with an expansion of electricity access rate to 88.85%.
With his measures in place, he is optimistic generations to come will benefit from a sustainable energy.
Source: opemsuo.com/Hajara Fuseini
