On October 31, 2026, President John Dramani Mahama announced that Ghana's energy sector has made a significant turnaround, with no more intermittent power outages, commonly known as 'dumsor'. He made this statement during an engagement with Ghanaians in Moscow. According to President Mahama, this achievement is one of the most dramatic successes of his administration. He expressed satisfaction with the current state of the energy sector.
President Mahama recalled the severe financial crisis his government inherited, which had a substantial impact on the energy sector. He revealed that Independent Power Producers (IPPs) were on the verge of shutting down power generation due to unpaid debts amounting to approximately $1.7 billion. The President stated that his government had to take urgent measures to address this situation and prevent a complete collapse of the power generation system.
The President further explained that the situation was compounded by outstanding payments for gas consumed from the Jubilee Field and from ENI, which had also not been settled. He emphasized that it was necessary to clean out the energy sector to prevent a recurrence of such challenges. President Mahama's government has since taken steps to address these issues and ensure a stable power supply.
President Mahama announced that his government had cleared the IPP debt and established a current payment system to prevent a recurrence of the power crisis. This move has reassured investors and consumers alike, as Ghana's energy sector has historically been plagued by intermittent power supply and mounting debts that threatened the viability of power producers.
The President's declaration is a significant milestone in Ghana's energy sector, which has faced numerous challenges in recent years. The power crisis had a substantial impact on the country's economy and daily life, with many Ghanaians experiencing frequent power outages. President Mahama's announcement has brought relief to citizens and businesses, who can now rely on a stable power supply.
The government's efforts to address the energy sector challenges have been multifaceted, involving debt clearance, establishment of a new payment system, and engagement with stakeholders. President Mahama's engagement with Ghanaians in Moscow was an opportunity to share his administration's achievements and vision for the country's development. He expressed confidence in Ghana's progress and future prospects.
The President's statement on the end of 'dumsor' is a testament to his administration's efforts to address one of Ghana's most pressing challenges. With a stable power supply now in place, Ghanaians can look forward to improved economic prospects and a better quality of life. The government's achievement in the energy sector is a significant step towards realizing President Mahama's vision for Ghana's development.
Key points
- President Mahama's government has cleared the $1.7 billion IPP debt and established a current payment system to prevent a recurrence of the power crisis.
