2027 Budget: Time has come to turn that ambition into action – Finance Minister on nuclear power readiness programme

Finance Minister Dr Cassiel Ato Forson announced a US$200 million investment in a 24-month programme aimed at preparing Ghana for the development of a nuclear power plant. The programme, running from January 2027 to December 2028, seeks to complete Ghana's nuclear readiness process and includes site studies, technology selection, environmental assessments, financing arrangements, licensing preparations, safeguards, emergency planning, and safety case completion.

These preparations come after discussions about building a nuclear power plant and are intended to ensure a reliable source of baseload electricity for future generations. Dr Forson drew a parallel between Ghana's nuclear ambition and the construction of the Akosombo Dam during the first President, Kwame Nkrumah's time. The government remains committed to developing nuclear power as an independent source of baseload electricity, emphasizing that "a nation's future is secured by what each generation has the courage to build."