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
-
Ghana Airways restoration key to national pride and economic reset – Ablakwa Â
10 minutes -
US seizes second oil tanker off Venezuela’s coast
19 minutes -
Australian PM announces intelligence review as country mourns Bondi attack
29 minutes -
Imran Khan and wife given further jail terms after state gift fraud case
30 minutes -
5 perish in fatal collision on Cape Coast–Takoradi Highway
41 minutes -
Poultry imports driving egg glut – GAPFA
1 hour -
Legal lifeline for Ghanaians in America as lawyers association, Embassy move to tackle diaspora challenges
2 hours -
Photos: First Atlantic Bank PLC officially listed on Ghana Stock Exchange
2 hours -
Energy minister assures stable power as Ghana hits peak demand in December
3 hours -
Miguel Ribeiro Fiifi Brandful
3 hours -
Adom TV’s ‘Nine Lessons and Carols’ electrifies National Theatre in a festive extravaganza
4 hours -
Mahama orders $78m payment to Justmoh to resume Agona–Nkwanta road works
4 hours -
Christmas rush deepens traffic woes in Accra Central
4 hours -
Three arrested after viral video shows toddler being fed alcohol
4 hours -
Survivors ‘nervous and sceptical’ about release of remaining Epstein files
5 hours