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President Akufo-Addo has inaugurated an 11 new-member governing board for the Millennium Development Authority (MiDA). 

The new board is to oversee the successful implementation of the Energy Compact which focuses on expansion and stabilization of power supply in the country.

The inauguration comes on the heels of the worsening power crisis which bedeviled the country over the past years.

Inaugurating the new board, the President, Nana Akufo-Addo said the move is one of critical actions required for finding solutions to the major problems of effective power supply for economic and personal development.

According to the President, critical intervention is required to ensure that the objectives of compact are achieved so as to make life meaningful for the people of Ghana.

He charged members of the board, to ensure the formulation of strategies that will help solve the energy situation for the people to benefit.

President Akufo-Addo also noted that, the energy sector is also faced with finding private sector solution to the development of ECG and that pose serious challenge to the compact hence, the board has a huge task in ensuring that applicable solutions are found to end the crisis and bring successful implementation of the Compact.

He tasked members of the board to exhibit leadership to achieve the targets set for them and to deliver the country from the power challenges it is facing.

Chairman of the Board, Professor Yaa Ntiamoah Badu thanked the President for appointing them and expressed appreciation for confidence the President and the people of Ghana repose in them.

She called for cooperation from key players in the power sector in order for them to deliver on their mandate.

She however assured the President and the people of Ghana, that the board will do everything possible in ensuring that it delivers on its mandate.

“We have challenges we need to resolve to move forward, and the board will do all it can to ensure that practical solutions are formed to end the power crisis,” she said.

The eleven-member board includes Minister for Finance Ken Ofori Atta, Minister for Trades and industry Allan Kyeremanteng, Minister for Energy Boakye Agyarko, Minister for Gender and Social Protection Otiko Afisa Djaba, Attorney General Gloria Akufo, Minister for Business development Ibrahim Mohammed Awal, CEO of mida,  Kweku Sarfo, Samuel Kwabena Desousa  from Private Enterprise Foundation,  Humphery Ayim Darke Agyei from the Association of Ghana Industries among others.

Ghana benefitted from the five-year $547 million Millennium Challenge Compact aimed at reducing poverty by raising farmer incomes through private sector-led, agribusiness development.

While the first compact aggressively tackled Ghana's agriculture, the second is geared towards improving the country's power sector which at the moment is in crisis.