The Minister of Energy and Green Transition, John Jinapor, has shot down claims that the ruling government seeks to sell the Electricity Company of Ghana (ECG).
Mr. Jinapor described the claims as false, stating that while ECG will not be sold, the government is seeking private sector participation to enhance efficiency and financial sustainability.
He was speaking to the media on the sidelines of a working visit to the West African Gas Pipeline Company Station in Tema.
“The news items, the publication, and the commentary by some people who should know better that we are selling ECG. It’s not true; it will not be sold, but we want some private sector participation to bring about the high level of efficiency, reduce the losses, and increase the revenue base so that we can pay for some of these bills we are talking about,” Mr. Jinapor said.
According to the Minister, resources meant for development projects are being redirected to settle debts owed to energy suppliers, such as the West African Gas Pipeline Company (WAPCo) and N-Gas.
“The Minister of Finance under normal circumstances should not be taking the taxpayers’ money which could have been used for other development projects to pay WAPCo. But today we have to squeeze and take money from the budget to pay N-Gas for this $75 million. That could have been used for other developmental projects such as roads, hospitals and other infrastructure projects,” he added.
By: Rainbowradioonline.com/Ghana
