Audio By Carbonatix
A successful Electrification of transportation in Ghana will eliminate "dumsor and drastically reduce our dependence on the US dollar. Resulting into a major economic gain for the country.
As a nation we consume about 64,000 barrels of refined oil daily. Even at today's low crude oil price, due partly to the rise in EVs globally. Ghanaians are still spending about $5 Million daily on oil and $2 Billion yearly.
As a result, there is always huge pressure on the cedi against the US dollar every day.
Oil and petroleum products are the most imported commodities to the country.
However with more EVs on the road our consumption of oil will be reduced dramatically and lower our dollar dependence.
Electrical vehicles (EVs) will be a win-win situation for Ghana. It will both improve our economy and the environment.
Leaders must seize this opportunity to revive our economy and hatch a long term plan for this new age of electrical transformation of transportation which will reduce our oil consumption and dollar demand.
Western governments are offering rebates to their people to own EVs. Oil demand displaced by electric vehicles globally will more than double from what it is today to almost 4 million barrels per day by 2027, as a new report suggests. Currently the world consumes about 100 million barrels of oil daily.

However, the question still remains which leader is going to lead the campaign to educate Ghanaians about the new age of electrification of transportation.
With increasing EVs on the road, there must be enough power generation to support the additional demand on the national grid. To prevent any dumsors when everything is plugged in.
Availability of charge stations across the nation and electrical capacity for home chargers to make the transition easier.
Latest Stories
-
Softcare FM Manufacturing Co. Ltd crowned overall Best Industrial Company of the YearÂ
5 minutes -
United Party questions OSP’s independence, proposes merging all anti-graft bodies into one
9 minutes -
Introducing The Summit, a new standard of luxury
15 minutes -
From Parliament To The Courts: Srem-Sai vs Srem-Sai and the campaign against OPS – Kay Codjoe Writes
25 minutes -
Massive agric budget increase welcomed, but post-harvest losses threaten gains – Agri-Impact CEO warnsÂ
28 minutes -
AYA Integrated Healthcare Initiative awards €100K grant to top innovator at AYA Innovation Challenge Pitch Event
38 minutes -
Abolishing OSP will be ‘the greatest betrayal of trust’ – CDD-Ghana’s Kojo Asante warns
49 minutes -
Today’s Front Pages: Thursday, December 11, 2025
1 hour -
Bawumia is the most prepared to lead our party to victory – Napo to Bono NPP delegates
2 hours -
The air we breathe is under siege – KNUST Pro Vice-Chancellor calls for continental action on air pollution deaths
2 hours -
State Housing Company, Republic Bank seal mortgage deal to help tackle Ghana’s housing deficit
2 hours -
It wasn’t NDC – Mustapha Gbande says Afenyo-Markin politicised and crippled Justice Torkonoo
2 hours -
Grand welcome for Bawumia in Wa as he begins tour of the north
2 hours -
IMANI Africa files RTI request seeking full disclosure on 2026 SIM registration exercise
2 hours -
Neglecting dependents is a crime – ACP Fiakpui
2 hours
