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The Resident Country Director of International Investments LLC, Ibrahim Adjei, has criticised the government’s decision to sign the 24-Hour Economy Authority Bill into law, describing the policy as unsustainable and inadequately planned.
Speaking on Channel One TV’s Breakfast Daily on Monday, February 23, Adjei argued that the legislation was rushed without putting in place the critical structures required for effective implementation.
He expressed concerns about security preparedness and electricity supply, insisting that gaps in these areas could undermine the success of the initiative.
According to him, a stable and reliable power supply is fundamental to any functioning 24-hour economy. He claimed that Ghana’s current power reserve margin is insufficient to support round-the-clock operations.
“Under the NPP, we had a reserve margin of 28 to 31%, and that was maintained for emergencies. Under the NDC, as of February 2026, that reserve margin is 9.2%. There is no power to sustain this so-called 24-hour economy that we are talking about. The policy is flawed because you need reliable electricity and an adequate nighttime police presence,” he said.
Adjei further described the initiative as deceptive and poorly thought through, cautioning that without a comprehensive and holistic implementation strategy, it could collapse and erode public confidence in economic reforms.
On February 16, President John Dramani Mahama assented to the 24-Hour Economy Authority Bill, paving the way for the rollout of the government’s flagship economic policy.
