Addressing a gathering at the official campaign launch of the governing National Democratic Congress (NDC) on Sunday, 14 August, in Cape Coast, the president said the issue of the erratic power supply has been one of his main challenges during his first term in office.
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The Volta River Authority (VRA) has said stable power supply has been restored, rejecting suggestions for a load shedding timetable.
The country has been battling with a crippling power supply for almost four years now.
Government officials and power authorities have attributed the situation to vandalised gas pipelines from Nigeria.
But opposition officials say the problem is due to government inability to purchase fuel to power the country's turbines.
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Some consumers have said that the power supply situation has improved for the past week after government procured more than 400,000 barrels of light crude oil.
President John Mahama, however, said:“While we have done a lot to stabilize the power situation a lot more remains to be done”.
He said he will ensure that Ghana becomes a hub of power supply for the whole West African region.
Meanwhile, the president has indicated that his first term in office has not been easy but positive for the country.
“My first term as president has been challenging but also very positive. It began with the election case in court where many Ghanaians sat and followed through the process because it was televised and the international community also been slow with the necessary support because of the uncertainty which surrounded the outcome,” the President stated.