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
-
Police seek diplomatic help to contact US woman who alleged kidnapping by masked officers
9 minutes -
Police arrest four students over Wa Technical Institute riot
19 minutes -
GACC urges stronger youth action in Ghana’s fight against corruption
23 minutes -
Ghanaian journalists trained on cross-media collaboration at SputnikPro seminar
27 minutes -
GTA and GoldBod offer visitors Gold as part of December festivities
27 minutes -
Ghanaian journalists trained on cross-media collaboration at SputnikPro seminar
31 minutes -
Energy Ministry says PURC’s 9% tariff increase needed to protect utilities and fund power investments
1 hour -
African governments urged to adopt Australia-style social media delay for children
1 hour -
Energy Ministry hits back at Minority, says 9% tariff hike modest compared to their 27%
1 hour -
Nyindam says he will consult party, constituents before deciding on Kpandai re-run
2 hours -
Kpandai chiefs urge President Mahama to intervene in election rerun dispute Â
2 hours -
Underfunding and GH¢12bn arrears crippling education delivery – Ntim Fordjour
2 hours -
I am not troubled; we didn’t cheat – Nyindam responds as Kpandai poll heads for re-run
2 hours -
Investment in data production strengthens governance – Deputy Finance Minister
2 hours -
High Court ruling on Kpandai will stand unless overturned by Supreme Court- Berekum West MP
2 hours
