Audio By Carbonatix
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.
Latest Stories
-
Alhassan Suhuyini makes Christmas donations to churches within Tamale North Constituency
2 hours -
Meet 81-year-old father of UCC Acting Vice-Chancellor, who recently graduated with an MBA
3 hours -
Did you know that Ken Ofori-Atta’s lawyer, Enayat Qasimi, is the ‘Ken Ofori-Atta of Afghanistan? – Kay Codjoe writes
3 hours -
Kidnap suspect arrested in Tamale as Police rescue victim after four days
3 hours -
Tema Oil Refinery resumes crude refining after years of shutdown
3 hours -
Kojo Antwi thrills fans with regal entry, marathon performance at ‘Antwified’ concert
4 hours -
Ofori Amponsah surprises KiDi at ‘Likor On The Beach’ 2025
4 hours -
Joy FM thanks sponsors, partners and patrons after spectacular 2025 Family Party-in-the-Park
4 hours -
‘Christmas babies’ and their mothers in Volta and Oti regions receive MTN hampers
4 hours -
One dead, another injured after accident at Atwedie
4 hours -
Maggi Waakye Summit draws thousands as Ghana’s biggest waakye festival returns
5 hours -
Western Regional Minister urges Ghanaians to use Christmas to deepen national cohesion  Â
6 hours -
Thousands turn Aburi Gardens into a festive paradise at Joy FM’s Party in the Park
6 hours -
Source of GOLDBOD’s trading funds questioned amid reported $214m loss
6 hours -
Kind Hearted Beings Charity spreads joy during festive season
6 hours
