Otumfuo Osei Tutu II, the Asantehene, is urging investors in the country to support Ghana’s energy sector, stating that, reliable electricity supply is critical for the effective implementation of government’s 24-hour economy policy.
The King of the Asante Kingdom who made the appeal in a meeting with officials of Dream Power Africa, a solar energy company, on Wednesday, May 21, at the Manhyia Palace in Kumasi said reliable electricity is essential for national development.
“Currently, the government has been talking about a 24-hour economy. If that is going to be successful, then energy must also be available in rural areas, and industries will need it to function efficiently.
“So, from a wider perspective, it will all help in the development of this country,” he stated.
The 24-hour economy agenda was a flagship policy promise by the John Dramani Mahama led- National Democratic Congress (NDC) in the lead-up to the 2024 general elections.
The initiative seeks to stimulate continuous economic activity across sectors such as manufacturing, agriculture, healthcare, and ICT by encouraging businesses and public institutions to operate in shifts around the clock.
President John Dramani Mahama has described the 24-hour economy as part of a broader industrialisation drive and a solution to Ghana’s youth unemployment challenge.
He has clarified that the policy would be voluntary for businesses and supported by appropriate legal and policy frameworks.
Although the policy is yet to be implemented, President Mahama has appointed Augustus “Goosie” Tanoh as the Presidential Advisor on the 24-Hour Economy and Accelerated Export Development, tasking him with leading the rollout of this flagship initiative.
credit: CNR
