By Francis Kobena Tandoh
The Electricity Company of Ghana (ECG) will not be privatised, this is according to President John Mahama on Thursday.
Addressing thousands of workers at the 2025 May Day celebration held at the Black Star Square in the Ghanaian capital of Accra, President Mahama outlined his plans to improve power distribution through public-private partnerships rather than full privatisation.
His comments come in response to growing concerns about the possible privatisation of the country’s main power distributor, amid fears of collapse linked to heavy indebtedness and poor management.
“The ECG has been brought to its knees by a culture of poor governance over the last eight years, resulting in a debt of 68 billion Ghana cedis and rising. If we do not take proactive measures, our power system will collapse. We can only bring down tariffs if we improve the efficiency of the distribution of power,” said the Ghanaian leader.
President Mahama assured the working people of Ghana that the ECG will not in any way be left in the hands of private players to control.
“Let me assure you that it is not my intention to privatise ECG as an institution. Our attention is more on public-private collaboration to inject efficiency into our downstream electricity distribution system,” he added.
The 2025 May Day celebration, the first under the administration of President Mahama, is under the theme, “Resetting pay and working conditions in Ghana: The role of stakeholders.” Enditem
Source: Ghana Eye Report
Share Us
