The Minority in Parliament has alleged that the government owes more than $700 million to Independent Power Producers (IPPs) and fuel suppliers, raising fresh concerns about the financial stability of Ghana’s energy sector.
Addressing journalists on Tuesday, April 28, Deputy Ranking Member on Parliament’s Energy Committee, Collins Adomako Mensah, said the sector’s difficulties go beyond technical issues and are heavily linked to mounting financial obligations.
According to him, available records show that over $500 million is owed to IPPs, while more than $200 million remains unpaid to fuel suppliers involved in power generation.
“The problems in the sector are not only technical; they are also financial,” he stressed.
The Minority says the figures contradict earlier assurances by Finance Minister Dr. Cassiel Ato Forson that debts owed to IPPs had been cleared.
The group is now demanding transparency over the management of the Energy Sector Levy, also known as the “Dumsor levy,” and wants government to provide a full breakdown of all funds collected and disbursed under the policy.
Collins Adomako Mensah urged the Energy and Finance Ministries to publish an independently verified report detailing collections, expenditures and outcomes linked to the levy.
According to the Minority, such transparency is necessary to restore public confidence and provide clarity on the true financial condition of the power sector.
