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, he argued that the government rushed the legislation without putting in place the critical structures needed for a safe and effective rollout.
He raised concerns about security preparedness and power supply, insisting that the gaps in the system could undermine the policy’s success.
He maintained that a stable and reliable electricity supply is fundamental to any functioning 24-hour economy, stressing that Ghana’s current power reserve margin is insufficient to sustain 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.
Describing the policy as “deceptive” and poorly thought through, he cautioned that without a comprehensive and holistic implementation strategy, the initiative could collapse and damage public confidence in economic reforms.
President John Dramani Mahama, on February 16, signed the 24-Hour Economy Authority Bill into law, clearing the path for the full implementation of the government’s flagship economic agenda.
