Dr Mohammed Amin Adam, former Finance Minister and MP for Karaga, has raised concerns about the level of publicity given to the government’s repayment of energy sector debts.
His reactions come after the government of Ghana, led by President John Dramani Mahama, has achieved a significant recovery in the energy sector by clearing approximately US$1.470 billion in arrears within its first year in office.
This decisive action has restored confidence among international partners and helped end years of crippling debt that threatened the country’s financial and energy stability.
When President Mahama assumed office in January 2025, the energy sector was in one of its deepest financial crises in recent memory. Prolonged non-payment for gas supplied from the Offshore Cape Three Points (OCTP) field had completely depleted the US$500 million World Bank Partial Risk Guarantee (PRG)—a facility designed to ensure payment security, attract investment, and stabilise power supply.
In a statement posted on social media, Dr Mohammed Amin Adam, a prominent figure in the New Patriotic Party (NPP), has criticised the National Democratic Congress (NDC) government for engaging in what he describes as excessive public relations (PR) regarding financial management.
Dr Adam’s comments specifically address the issue of the energy sector debt. The NDC government has recently highlighted the payment of $1.4 billion in energy sector debts. However, Adam argues that this action is not unprecedented and should not be used as a political tool for self-congratulation.
Citing data from the 2025 budget presented by the current NDC administration, Dr Adam pointed out that the previous NPP government had already paid an identical amount—$1.4 billion—towards the energy sector debt in 2024.
He noted that despite these significant payments, the NPP administration did not “make noise” or publicise the achievement extensively.
The tweet underscores a growing tension between the two political parties regarding credit for fiscal stabilisation and debt management.
Dr Adam’s argument suggested that the NDC is attempting to claim credit for routine financial obligations that were already being managed by the previous administration.
By highlighting the figures found in the NDC’s own budget documents, he aims to set the record straight and downplay the current administration’s narrative.
As the debate over the 2025 budget continues, this exchange highlights how financial data is frequently utilised by both sides to shape public perception and debate their respective economic legacies.
