“From 2025, the situation is going to get worse,” warned Nana Amoasi VII. He highlighted the rising debt within the sector as a significant concern, likening cash within the energy sector to lubrication in a automobile’s engine. Without adequate funds, friction builds up, resulting in potential collapse.
“The managers are not even admitting the problem,” Nana Amoasi VII lamented. “The first point to solving your problem is knowing the problem, admitting, and finding ways to resolve it.”
Financial constraints have crippled the vitality sector, resulting in unpaid money owed to varied stakeholders alongside the availability chain. Nana Amoasi VII emphasised the pressing want to deal with these constraints to forestall extended energy outages.
“Until we resolve these financial constraints, dumsor is going to be with us for a very long time,” he cautioned, expressing concern for the long run authorities inheriting this disaster.
The severity of the scenario, he famous, extends past mere inconvenience, likening it to standing on the sting of a cliff.
With money owed accumulating and infrastructure inadequately maintained, Nana Amoasi VII has additionally known as for a complete investigation into your entire worth chain by the Public Utilities Regulatory Commission (PURC).