Business News of Wednesday, 2 April 2025
Source: www.ghanawebbers.com
**Dr. Stephen Yamoah on Ghana's Nuclear Power Program**
Dr. Stephen Yamoah is the Executive Director of Nuclear Power Ghana (NPG). He has concerns about the government's commitment to nuclear power. He believes progress has not met expectations.
During a media event, Dr. Yamoah discussed challenges facing the nuclear initiative. These include limited resources and competing national priorities. He noted that while governments are not entirely to blame, urgency is lacking.
He stated, “The government’s aggressiveness towards the nuclear program is not as I wish.” He acknowledged various interests competing for attention, such as sports and infrastructure.
Despite these challenges, there has been significant engagement with the government. However, more investment in human and logistical resources is needed for success. The nuclear program falls under a broader budget allocation for various agencies.
Dr. Yamoah emphasized that continuity across governments helps maintain momentum. He remains optimistic about future funding increases for the project.
Currently, Ghana's nuclear power development is at an advanced stage. Securing adequate funding is now a primary focus. Extensive discussions have occurred regarding site acquisition and equipment needs.
Ghana has signed a framework agreement with vendors involved in the project. Negotiations are ongoing to further advance these efforts.
A modern nuclear power plant simulator recently arrived at the School of Nuclear and Allied Sciences. This simulator will help build local capacity and enhance understanding of nuclear energy.
Dr. Yamoah believes this will support affordable energy generation in Ghana. It also positions Ghana as a training hub for nuclear power in Africa.
He highlighted that nuclear power offers broader economic benefits beyond electricity generation. “Nuclear can transform Ghana’s entire economy,” he said, linking it to industrial growth goals.
Continued support from the government and stakeholders will be crucial for success as the program progresses.