Sometime ago, in the heart of Ghana, the nation was gripped by the persistent problem of power outages, known locally as ‘dumsor’. Homes and businesses alike were plunged into darkness at unexpected moments, and the entire country yearned for a lasting solution.
President John Dramani Mahama, determined to bring relief to his people, took on the challenge. When his administration assumed office, it faced a staggering debt of about $1.7 billion owed to Independent Power Producers (IPPs), along with unpaid bills for gas supplied from the Jubilee Field and by ENI. The situation was so dire that some power producers threatened to cut off supply altogether if the debts remained unsettled.
Understanding the urgency, President Mahama and his government rolled up their sleeves and got to work. Through determined efforts, they cleared the outstanding debts owed to the IPPs and introduced a reliable payment arrangement. This new system ensured that power suppliers would now be paid on time for the electricity they provided, restoring their confidence in the country’s commitment.
During a recent engagement with Ghanaians in Moscow, Russia, President Mahama shared the good news. “With regards to energy, I can report that there’s no dumsor in Ghana. Everybody has adequate power. And that’s one of the areas that has been quite dramatic in terms of its management. I’m happy to announce that we have cleared the IPP debt. That is, we are current. Any energy they supply today, we’re paying them,” he declared with pride.
He went on to explain how the newly introduced payment plan had transformed relationships between the government and power producers. Initial payments were made, and subsequent amounts would now be settled as they fell due, ensuring that no debt would pile up again. The power producers, once wary, were now satisfied and confident in the government’s payment structure.
President Mahama assured Ghanaians that the country had more than enough power to meet demand. Thanks to the interventions and diligent management, Ghana’s energy sector had been restored to stability and was now shining brighter than ever before.
Source: Apexnewsgh.com