President John Dramani Mahama is set to deliver his first State of the Nation Address (SONA) since his re-election on Thursday, February 27, 2025. The address, which is in accordance with Article 67 of the Constitution, will focus on the current state of Ghana’s economy, which has been described as “dire” by Finance Minister Dr. Ato Forson.
According to Minister of State in charge of Government Communication Felix Kwakye Ofosu, the address will detail the legacy of the previous administration and the government’s roadmap to renew investor confidence for accelerated growth. The address will also set the stage for critical economic discussions, including the upcoming National Economic Dialogue, scheduled for March 3-4, 2025.
President Mahama has promised to reset Ghana through responsible governance, measures to recover loot and stolen assets, and restore faith in leadership by strengthening institutions to uphold accountability and transparency. The address is expected to provide further details on the government’s plans to tackle the economic crisis, including the state of the power sector, the impact of illegal mining, and the challenge of completing unbudgeted infrastructure projects.
The address will also highlight the government’s efforts to restore investor confidence and foster a business-friendly environment. This includes reducing the number of Ministerial appointees to 60, abolishing certain taxes, and conducting a comprehensive review of the 1992 constitution, education, and the economy.
As Ghana grapples with a debt of over $3 billion in the energy sector, the address is expected to provide solutions to the looming power crisis. The Electricity Company of Ghana (ECG) underdeclared GHS 5.3 billion in revenue in 2024 alone, and a forensic audit has been initiated to investigate the discrepancies.
The State of the Nation Address is a crucial moment for President Mahama to outline his vision for Ghana’s economic recovery and growth. With public interest high, Ghanaians will be watching closely to see how the government plans to address the economic challenges facing the country.
Ruth Abla ADJORLOLO
