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HomeBusinessPrez Mahama shuts door on ECG privatisation

Prez Mahama shuts door on ECG privatisation

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President John Dramani Mahama has ruled out the privatisation of the Electricity Company of Ghana (ECG), promising instead to pursue strategic public-private partnerships aimed at enhancing efficiency in electricity distribution.

Speaking during the 2025 May Day celebrations held at Black Star Square in Accra on Thursday, May 1, President Mahama sought to allay mounting public concerns over the potential sale of the country’s main power distributor.

He described such fears as unfounded and assured workers and Ghanaians that ECG would remain a public institution under his administration.

“Let me assure you that it is not my intention to privatise ECG as an institution. Our attention is more on a public-private collaboration to inject efficiency into our downstream electricity distribution system,” he stated.

The President’s comments follow public outcry over ECG’s mounting debts and operational challenges, with many warning of a looming collapse of the energy sector.

Source: Graphic Online

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