|
Getting your Trinity Audio player ready...
|
President John Dramani Mahama has firmly stated that the Electricity Company of Ghana (ECG) will not be privatised during his tenure, assuring Ghanaians of his government’s commitment to maintaining ECG as a public institution while improving its performance.
Speaking at the 2025 May Day celebration at the Black Star Square in Accra, President Mahama responded to growing public concern over rumours of privatisation. Many workers and energy sector observers have expressed fears that handing over ECG to private interests could worsen service delivery and lead to job losses.
“The Electricity Company of Ghana has suffered from years of weak governance, which has left it heavily indebted—accumulating a debt of 68 billion Ghana cedis,” President Mahama said. “If we don’t act quickly and wisely, we risk a total breakdown of our power distribution system.”
He emphasized that any reforms in the power sector will focus on partnerships between the public and private sectors, not selling off ECG.
“I want to make it clear: I have no intention of privatising ECG. Instead, we are looking at strategic public-private collaborations to bring in efficiency and ensure more reliable power delivery to Ghanaians,” he stated.
The President also stressed that improving ECG’s efficiency is key to reducing electricity tariffs and ensuring sustainable energy supply.
His reassurance is likely to ease tensions among labour unions and stakeholders in the energy sector who have voiced strong opposition to the idea of privatisation. The government’s new approach aims to strike a balance between keeping ECG public and addressing its operational challenges.
Email Daily Mail GH: stories@dailymailgh.com or
Whatsapp: +233(0)509928122
