Thursday, May 15, 2025
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Ghana has only 2.6 days of fuel left as energy ministry seeks over Ghc1 billion

Ghana risks going into total darkness as current fuel reserves can only sustain power generation for just 2.6 days, the Ministry of Energy and Green Transition has disclosed.

The country thus urgently requires GH₵1.1 billion to purchase liquid fuel to ensure continues power generation.

Ghana is bedevilled with GH₵2 billion monthly deficit in the energy sector, as a result of the Electricity Company of Ghana’s (ECG) inability to collect sufficient revenue for distribution to stakeholders in the value-chain.

Minister for Energy and Green Transition, John Jinapor raised the alarm on Thursday 15 May, 2025 when he addressed the Parliamentary select Committee on Energy’s meeting with stakeholders.

“The fuel we have will last us just 2.6 days. Although we have placed orders for more fuel, these must be paid for. Some fuel has been procured on credit, and we are coordinating with the Ministry of Finance for payment. However, the Ministry of Finance also faces its limitations,” Mr Jinapor explained.

The minister told the committee that, discussions will be held at Cabinet level to explore sustainable solutions, including private sector involvement in ECG operations to improve efficiency and revenue mobilisation.

Beyond the fuel crisis, Mr Jinapor also drew attention to persistent non-payment by public institutions. He revealed that Ghana Water Limited has failed to settle its electricity bills for the past seven months, despite continued power usage.

“Ghana Water Limited has not made any payment for the past seven months to the ECG but continues to consume the power,” he disclosed.

The situation adds to growing concerns about financial sustainability and accountability in the power sector, as government agencies and private consumers alike struggle to meet their payment obligations, threatening the stability of electricity supply nationwide.

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