The Minister for Energy and Green Transition, John Abdulai Jinapor, has dismissed claims that the government intends to sell the Electricity Company of Ghana (ECG) or the Northern Electricity Distribution Company (NEDCo).
Addressing the presidential press corps on Friday, 7th March, at Jubilee House following President John Dramani Mahama’s second cabinet meeting, he clarified that no decision has been made to privatise these state-owned power distributors.
Speaking on the matter, Mr Jinapor emphasised that the government is only considering a partnership to improve revenue collection within the sector.
“Let me be clear: the government has not made any decision to sell ECG or NEDCo. What we are exploring is a partnership to enhance the efficiency of revenue collection, which remains a key challenge for the power distributors,” he stated.
He further explained that such a move would ensure financial sustainability while maintaining state ownership of these essential institutions.
The Minister stressed that ECG and NEDCo continue to play a critical role in Ghana’s energy sector and that any decision regarding their operations would be made in the national interest.
“We acknowledge the concerns raised, but I assure Ghanaians that ECG and NEDCo remain public assets. Any intervention we undertake will be aimed at improving their efficiency, not privatising them,” he added.
Mr Jinapor urged the public to disregard misinformation regarding the alleged sale of the power distributors.
He reiterated that the government remains committed to strengthening Ghana’s energy sector while ensuring that electricity services remain reliable and affordable for all citizens.
Latest Stories
-
Abdul-Rasheed Saminu sets new National Record in the men’s 100m, books qualification for Tokyo World Championships
5 minutes -
Supreme Court allows Trump to revoke legal status for 500,000 migrants
28 minutes -
Eugene Boadi: Bryan Acheampong’s impact on entertainment sector
32 minutes -
Faizan Zaki, 13, crowned US National Spelling Bee champion
38 minutes -
US to double tariffs on steel and aluminium imports to 50%, Trump says
44 minutes -
Wontumi denied access to family – lawyer confirms amidst detention
1 hour -
Meet the Brazilian sensation Fonseca hoping to shock Draper
1 hour -
Women ‘worthy’ of French Open night sessions
2 hours -
Alcaraz made to suffer in four-set win over Dzumhur
2 hours -
Minority Caucus probe into TV doctor Ann Sansa Daly’s credentials
2 hours -
In Oval Office farewell, Trump says Elon Musk is ‘not really leaving’
2 hours -
Suspect in South African student’s murder killed in police shootout
2 hours -
Ghana hits milestone in local vaccine production – National Vaccine Institute CEO
3 hours -
I’m grateful to Bryan Acheampong, he filed docs exceeding GH₵50m bail – Wontumi’s Lawyer
3 hours -
Wontumi files motion to review his bail conditions
3 hours