The Minister for Power and Inexperienced Transition, John Jinapor has hinted of plans to provoke the export of electrical energy to Nigeria below a barter settlement for fuel.
Talking on the Future Power Convention organized by the African Middle for Power Coverage (ACEP), the Member of Parliament for Yapei-Kushawgu burdened the necessity for regional collaborations in guaranteeing Africa controls its vitality agenda.
He defined that leveraging aggressive benefit of member nations within the sub-region might remedy the vitality challenges by efficient cross-border partnerships.
“Up to now we (Ghana) provide energy to Togo, Burkina Faso, Benin, Cote D’ivoire and we intend to provide energy to different nations.” He famous.
“We (Ghana) take fuel from Nigeria; we generate energy and export to different nations. We’re in discussions with Nigeria to see whether or not we are able to have a barter, the place we decide their fuel, generate energy and export it again to Nigeria.”
Mr. Jinapor emphasised the significance of structured regional preparations in harnessing the continent’s vitality sources.
“Within the spirit of that company. We imagine that we are able to work collectively. The regional energy integration can deepen our participation within the West African Energy Pool to strengthen resilience and value effectiveness as a major milestones.” He stated
The Way forward for Power convention goals to drive stakeholder collaboration in direction of an inclusive and sustainable vitality future for Africa, offering actionable options and coverage suggestions.
The Government Director for the Africa Centre for Power Coverage, ACEP, Ben Boakye was optimistic that the adoption of rising know-how can be mandatory in creating tailor-made options for Africa’s vitality challenges.
In the meantime, Rukaiya el-Rufai, Particular Advisor to the President of Nigeria on the Nationwide Financial Council and Local weather Change bemoaned the poor vitality regulatory framework on the continent. In her deal with, she famous that the regulatory lapse has contributed to the costly energy agreements on the continent.
“The poor transparency and weak enforcements from governing establishments additionally impacts the pricing of danger.”
The 2025 version of the Way forward for Power convention gathered lots of of individuals from throughout Africa. This convention was held on the theme, Financing Africa’s Power Future: unlocking funding for Power Entry and Financial Transformation
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