- Vice president, Mahamudu Bawumia, says Ghana needs $600 million for electricity
- Bawumia says such an amount will cover the 100 percent access to electricity in Ghana
Ghana needs about $600 million dollars for full coverage of electricity in the country. This is according to the vice president, Mahamudu Bawumia.
According to the vice president, plans are far advanced to achieve 100 percent electricity coverage in the span of three years.
Dr Bawumia states that a full coverage of access to electricity will go along the way to increase job creation.
Ghana's economy almost ground to a halt in 2015 following the devastating power crisis which collapsed thousands of jobs in the private sector.
President of the republic, Nana Addo Danquah Akufo-Addo has revealed that government lost in excess of 3 billion dollars during the energy crisis which struck the nation in the erstwhile Mahama administration.
The president revealed that the private sector is bound to face a huge blow if issues related to the energy crisis is not fully addressed.
Referencing recent figures from the Institute of Statistical, Social and Economic Research (ISSER), the president lamented how over 2 percent of the nation's GDP got lost due to the power crisis of 2014.
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