Energy and Green Transition Minister John Abdulai Jinapor has emphasized the urgent need for Ghana to transition from liquid fuel dependency to a gas-to-power system.
Speaking at the second day of the National Economic Dialogue on Tuesday, March 4, he highlighted the high cost of liquid fuel, stating, “Liquid fuel bills alone amount to about $1 billion this year. Half of that can build a gas processing plant, and that will save us about $600 million per annum.”
Jinapor further argued that Ghana’s stranded gas resources must be fully utilized to cut costs, corruption, and waste.
“We cannot use the little we have to buy liquid fuel. We must bring that liquid fuel on and cut the cost; that will also cut the corruption and cut the wastage,” he stated, pushing for immediate action to maximize the country’s energy potential.
He stressed on revenue collection not marching the power distributed, urging discipline among citizens to ensure a proper management of state institutions.
“We need a private sector participation in the management of the … sector. if not, the sector will collapse and we are headed to that collapse already. some power plants have shut their plants today over non-payment of their bills.”
