President Mahama Declares Energy Sector Stabilisation And ‘End To Dumsor’

President John Dramani Mahama, has declared renewed stability in Ghana’s energy sector, describing recent interventions as decisive steps toward ending the persistent power challenges popularly referred to as “dumsor.”

In a substantive portion of his address, the President outlined measures taken to address longstanding financial constraints and operational inefficiencies within the power industry. A sector widely regarded as central to national development and economic productivity.

He disclosed that outstanding gas supply debts have been cleared and announced that Ghana has restored its credibility with international partners following the repayment of a $500 million risk guarantee to the World Bank. According to President Mahama, the government has instituted stricter financial discipline within the sector, ensuring that all gas consumed is duly paid for, while renegotiating legacy agreements to ease the burden of accumulated energy sector debt.

The President further highlighted institutional reforms aimed at reducing revenue leakages, including structural adjustments and expanded private sector participation in billing and revenue collection systems. These measures, he said, are designed to improve efficiency, strengthen accountability and enhance cost recovery across the value chain.

As part of efforts to diversify the national energy mix, the administration is also scaling up renewable energy investments, particularly in solar generation, to improve supply reliability and gradually reduce dependence on thermal power sources.

President Mahama maintained that stabilising the energy sector remains critical to sustaining economic growth, attracting investment and delivering uninterrupted power to households and businesses across the country.