Member of Parliament for Yapei-Kusawgu, John Abdulai Jinapor, has raised significant concerns about Ghana’s current fuel reserves, warning of a potential energy crisis.
He revealed that the country has only five hours’ worth of fuel stock remaining, which is insufficient for power generation.
Jinapor criticized the outgoing administration for failing to procure necessary fuel supplies, despite repeated warnings.
He emphasized that the current fuel supply for power generation will not last more than two days, potentially leading to severe energy shortages.
In light of these challenges, there is speculation that John Jinapor may be appointed as the Energy Minister in President John Dramani Mahama’s administration.
His extensive experience in the energy sector, including his tenure as Deputy Minister of Energy, positions him as a strong candidate to address the nation’s energy issues.
Jinapor’s recent statements underscore the urgency of stabilizing Ghana’s power supply.
He noted that parts of the country are currently experiencing load shedding, and he called on the incoming government to prioritize resolving the energy challenges to prevent further disruptions.
Adding to the energy concerns, some Oil Marketing Companies have started marginally increasing fuel prices following the commencement of the first pricing window in December.
Shell has already taken the lead by increasing the prices of both petrol and diesel.
A litre of petrol, which previously sold for GH₵14.82 during the second pricing window in November, is now being retailed at GH₵14.99, reflecting a marginal increment.
Similarly, diesel, previously priced at GH₵15.66 per litre, is now being sold at GH₵15.72.
This development comes at a time when only petrol prices declined, while diesel prices remained unchanged during the second pricing window of November, despite expectations of a general price reduction for both products.
The Chamber of Petroleum Consumers (COPEC) had earlier projected a decline in fuel prices at the start of the second pricing window on November 16.
This projection was based on trends in the international market and the relatively favorable performance of the cedi during the period.
Dumsor looms as Mahama administration warns Ghana has only five hours of fuel stock.#Inauguration2025 || #MahamaInauguration || #MahamaIsPresident || #JoyNews pic.twitter.com/ZhZuiKbGDK
— Joy 99.7 FM (@Joy997FM) January 7, 2025
