Ex-President Akufo-Addo did not invest in the Electricity Company of Ghana (ECG) during his first term in office, Samuel Dubik Mahama, the former Managing Director, has disclosed.
Speaking in an interview on Joy FM, Mr. Mahama blamed the government’s emphasis on privatization of the power distribution firm at the time for the lack of investment.
“If you cast your mind back, during the President’s first tenure, all efforts were geared towards sending ECG into privatisation. So, there was zero investment in the company,” he said.
Mr. Mahama referred to the contentious Power Distribution Services (PDS) agreement, under which ECG control was transferred to PDS for approximately eight months.
The arrangement was later terminated, resulting in ECG’s return to state control just before the 2020 general elections.
“When I assumed office in 2022 as Managing Director, one of the first things I did was to conduct a health check on the company…What I found was that although there had been massive growth in the number of ECG customers, this was not properly reflected in the company’s data,” he noted.
“The billing system had its own deficiencies. When it hit the 4.5 million customer mark, new customers being added were not being captured in the billing system. They were hanging,” he said.
