President John Dramani Mahama has assured organised labour that his government has no intention to sell the Electricity Company of Ghana (ECG).
He clarified that the government’s objective is to involve the private sector in specific operational areas of ECG, particularly in revenue collection and billing.
President Mahama said this during a dialogue on Tuesday, March 17, 2026, at the Jubilee House, underscoring the need for innovative and diversified funding mechanisms to support long-term infrastructure development, reliability, and sustainability.
He stated that the process will not lead to job losses, as some have speculated.
He said, “When we talk about private sector participation in energy distribution, we are not taking anybody’s job. We are saying the billing and metering are better managed by the private sector.”
“That’s all we are saying. ECG will continue to sell their power. I say this because I have been part of the privatisation of the communication sector, and I remember when I was Deputy Minister, we were told that communication is such a national security issue; if you privatise it, the CIA would be listening to your calls. Today the communication sector employs more people than when we had Ghana Telecom and Ghana Post,” he stated.
President Mahama maintained that ECG is not going to be privatised, adding that “No one will lose their job at ECG due to private sector participation.
He revealed that ECG continues to make losses, which he stressed were a major concern to its sustainability.
President Mahama added that ECG will continue to be responsible for maintaining the transformers but will have bulk metering, collect the bills, repair the meters and pay for what they were given.
He revealed that in 2025, the ECG received $1.5 billion in subsidies due to the inefficiencies of the ECG.
By: Rainbowradioonline.com/Ghana