President John Dramani Mahama has indicated the possibility of privatizing the Electricity Company of Ghana (ECG) as part of efforts to address inefficiencies in the country’s power distribution system.
The President believes that involving the private sector in managing ECG could help resolve longstanding challenges, including operational inefficiencies, financial mismanagement, and inadequate service delivery.
Reflecting on Ghana’s participation in the Millennium Challenge Corporation (MCC) Compact during his tenure as Vice President, Mahama emphasized the importance of efficient energy distribution in achieving the nation’s development goals. He highlighted that any move towards privatization would focus on ensuring a sustainable energy sector capable of meeting the growing demands of Ghana’s economy.
