It Is Not My Intention To Privatize ECG – Mahama Tells Ghanaians

John Dramani Mahama

Source: Africa Publicity

The President of Ghana, John Dramani Mahama, has told Ghanaians that he does not intend to privatize the Electricity Company of Ghana (ECG).

Delivering his May Day address to Ghanaian workers on Thursday, May 1, 2025, Mr. Mahama said ECG will not be privatized as an institution.

According to him, his government has no intention of selling off the state-owned power distributor.

He said: “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.”

Mr. Mahama noted that
ECG was burdened with debt and inefficiencies, which threaten the stability of the entire power sector in Ghana.

He said “The ECG has been brought to its knees by a culture of poor governance over the last eight years, with a debt of GH¢68 billion and rising. If we do not do something drastic, our whole power sector will collapse. We can only bring down power tariffs if we improve efficiency in the distribution of power,” explaining that public-private partnerships offer a workable solution and pointed to a successful model from his previous term in office.

Mr. Mahama who returned to power on January 7, 2025, recounted, “When I was President, in the free zones, a private company, Enclave Power, was given the right of metering and billing in the free zone. ECG provided them with a bulk supply of power.”

“They pay ECG, and until today, they still pay ECG monthly on time. Their billing and collection in the free zones enclave is 99% of revenue collected.”