Government using digitalization to maximize revenue in energy sector – Prempeh

Government using digitalization to maximize revenue in energy sector – Prempeh

Mathew Opoku Prempeh, Energy Minister The Minister for Energy has lauded the initiative to honor stakeholders who have played key roles in the energy sector of the economy.

According to the sector minister, bringing all stakeholders together to recognize those individuals and corporate bodies whose efforts have played a critical role in the nation’s agenda of a robust, secure, affordable, and stable energy sector is laudable.

Dr. Matthew Opoku Prempeh made this comment at the fifth Ghana Energy Awards held in Accra on Friday, November 19.

The Minister who is also the Member of Parliament for Manhyia South Constituency in the Ashanti Region used the opportunity to pay tribute to the Energy Media Group and GP Business Consulting, partners in organizing the event.

He said one of the most active conversations in recent times was how to employ digitalization to improve the lives of Ghanaians and build a better society.

“Indeed at the recent widely-acclaimed public lecture at the Ashesi University by His Excellency Alhaji Dr. Bawumia, he revealed that digitalization plays a very important role in the energy sector of our economy”

Dr Prempeh maintained that this is being done through better efficiencies, reducing the risk of corruption, and promoting convenience in the sector.

He said President Akufo-Addo’s vision is that in the 21st century, Ghana should be able to take advantage of the innovative tool of digitalization to power and propel our economy in every way possible.

He argued that in the energy sector there are so many opportunities to employ digitalization and help drive the economic fortunes of the country.

“That is why I am delighted to note that the theme for this year’s awards is ‘Digitalized Energy Sector: The Key for a Resilient Economic Future,” he added.

He commended the organizers for such an important and relevant theme to serve as a point of reflection and engagement.Dr. Prempeh said the government continues to introduce digitalization in the downstream and upstream petroleum sectors as well as the power sector.“We’ll continue to make progress in driving innovative digital solutions not just to improve efficiencies but also to better mobilize revenues,” he stressed.According to him in the downstream petroleum sector, in April 2021, Dr Bawumia launched the National Petroleum Authority’s National Retail Outlet Fuel Monitoring System at its head office in Accra.He stated that under this digital system, NPA was able to monitor the fuel in the tanks of all Oil Marketing Companies (OMCs) in Ghana in […]

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