Finance and Energy ministers discuss challenges in the energy sector

Finance Minister Dr Cassiel Ato Forson has paid a courtesy visit to the Minister for Energy and Green Transition, John Abdulai Jinapor, to discuss key energy sector issues.

The visit, which took place on Wednesday, March 12, aimed to foster collaboration between the two ministries in addressing the country’s energy challenges.

Announcing the visit on Facebook, Mr Jinapor described Dr Ato Forson as a brother, friend, and colleague.

He highlighted the importance of their discussions, stating, “I received my brother, friend and colleague, the Hon. Minister of Finance, Dr Cassiel Ato Forson today. We used the opportunity to discuss the challenges in the Energy sector and how to overcome them.”

The meeting is expected to strengthen inter-ministerial cooperation in ensuring a stable and efficient energy supply, particularly as Ghana navigates its energy transition agenda.

Given the critical role of financing in energy projects, the engagement between the Finance and Energy Ministries could lead to strategic solutions for funding and policy implementation.

Dr Ato Forson’s visit reflects the government’s commitment to addressing energy-related concerns and ensuring sustainable economic growth.

In another development, the Ministry of Energy and Green Transition, in collaboration with key stakeholders, has initiated plans to revitalise the Ghana Cylinder Manufacturing Company (GCMC) to enhance its production capacity and overall efficiency.

In a high-level meeting chaired by the Minister for Energy and Green Transition, John Abdulai Jinapor, discussions were held with the Ghana National Gas Company (Ghana Gas) and Ghana Commercial Bank (GCB) on establishing a strategic partnership to provide the necessary support for GCMC’s full-scale operations.

Hon. Jinapor highlighted the significant potential of GCMC to contribute to the local manufacturing industry and the government’s clean energy agenda.

He emphasised the need to rejuvenate the company and position it as a key player in the production of high-quality LPG cylinders for both domestic and industrial use.

To facilitate this transformation, the Minister announced the formation of a committee to develop a comprehensive roadmap for cabinet consideration. If approved, a Joint Project Implementation Committee—comprising representatives from the Ministry of Energy, Ghana Gas, GCMC, and the Ministry of Finance—will oversee the successful execution of the revitalisation plan.

The meeting was attended by key stakeholders, including Mr Abdul-Rahman Mankir, Acting Managing Director of GCMC; Madam Judith Blay, Acting CEO of Ghana Gas; Dr Robert Lartey, Deputy CEO of Ghana Gas; Alhaj Farihan Alhassan, Managing Director of Ghana Commercial Bank; and officials from the Ministry of Energy and Green Transition.

The Ministry remains committed to strengthening local manufacturing, ensuring energy security, and promoting sustainable industrial growth in Ghana.

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