
Ghana's Energy Sector: A Crumbling System?
Ghana's Energy Sector Struggles Under Weight of Political Interference Ghana's energy sector is facing significant challenges due to political interference, according to energy policy analyst Benjamin Nsiah. In a recent interview, Nsiah highlighted how political influence has led to inefficient practices and inflated contracts, costing the nation millions. "Ghana's energy sector is highly influenced by significant political interference," Nsiah stated. He cited specific examples of contracts signed at 44% above the necessary cost, despite a reserve margin of 18%. These decisions are not only financially damaging but also hinder the sector's efficiency and ability to provide reliable energy to the nation. Nsiah's analysis underscores the urgent need for reforms within the energy sector, emphasizing the importance of transparency and accountability in contract negotiations. His insights offer a critical perspective on the ongoing challenges and the potential for positive change through effective governance.