This blog is managed by the content creator and not GhanaWeb, its affiliates, or employees. Advertising on this blog requires a minimum of GH₵50 a week. Contact the blog owner with any queries.

Mahama is praised by Jantuah for acting quickly on "dumsor."

Fri, 10 Jan 2025 Source: Ishmael Mensah

Lawyer Kwame Jantuah has commended President John Mahama for his prompt actions and approach to the looming energy crisis.

In an interview with Naa Dedei Tettey on Morning Starr, he commended Mahama's leadership during the last energy crisis and said that his background in the industry has prepared him to handle the current difficulties.

It would have been challenging for President Mahama to handle the problems facing the energy sector now if he hadn't experienced the "dumsor" catastrophe.

However, he saw the issue right away and assembled a team, which is a good start, he said.

The impending energy catastrophe, according to attorney Jantuah, is the result of ongoing financial difficulties facing all countries. He emphasized that the cash waterfall mechanism, which is essential for bringing in money for the industry but has proven challenging to administer because of irregular payments for the distribution of energy, is the main problem.

“The problem of the energy sector is related to finance and has always been a challenge for all governments. They haven’t really been able to handle the cash waterfall mechanism that brings revenue to the sector,” he said.

Lawyer Jantuah expressed confusion over the decision by the Ministry of Energy to instruct the West African Gas Pipeline Company (WAPCo) to defer actions until January 2025.

He expressed concerns about the lack of clarity surrounding the deferment's justifications, wondering if capacity or budgetary limitations were to blame. "Why they instructed WAPCo to postpone until January baffled me.

They haven't explained their reasoning to us. Was it a capability or financial issue? We could better comprehend and handle the problem if we knew," he said.

The lawyer also pointed out that the country has not made significant progress in the exploration of production over the last eight years, especially in the gas sector, which is critical for electricity generation.

It demonstrates that in the past eight years, we have not advanced from exploration to production. Our electricity is primarily powered by gas, particularly in the Tema enclave where our plants are located. Jantuah underlined, "We must ensure that electricity has sufficient funding, with enough money to purchase stock on standby."

Attorney Jantuah advised the next energy minister to concentrate on finding workable solutions rather than engaging in political blame games. He underlined the value of working together with the finance minister, especially when it comes to controlling the cash flow process and obtaining the required funding. "The politics of blame should not be pursued by the incoming energy minister. To guarantee there is enough power all year long, he must concentrate on finding answers, collaborate closely with the finance minister, and carefully arrange the funding required for the industry," he suggested.

Source: Ishmael Mensah