Ibrahim Adjei, the Resident Country Director of International Investment LLC, has criticised the government’s 24-hour economy policy, calling it a “scam” because of ongoing power outages affecting businesses.
During an interview on April, 27, 2026, he questioned whether the policy can even work, saying frequent electricity cuts make it impossible for businesses to operate around the clock.
He warned that the unreliable power supply is already hurting companies and making investors lose confidence.
He expressed frustration about the situation, saying the country is being harmed both by illegal mining (galamsey) and by economic challenges caused by power outages that damage businesses.
Mr. Adjei also criticised the structure of the policy, especially the “1-3-3” model, which suggests one job can be run in three shifts to keep operations going 24 hours a day.
He said the idea sounds good on paper, but does not match reality, given the current challenges.
He urged people to think carefully about the policy, calling it misleading and unlikely to succeed as promised.
He also said he doubts the government can implement it within the planned timeline, adding that the systems needed to support such an economy are not ready.
Meanwhile, President John Dramani Mahama has signed the 24-Hour Economy Authority Bill into law. This new law sets up a special body to manage and oversee the rollout of the policy across the country.
