Gov't Has No Hand In ECG Privatization - MiDA

The Millennium Development Authority (MiDA) has rejected various media publications, accusing them of leading a campaign to privatize the troubled Electricity Company of Ghana (ECG).

Ghana is preparing to implement the second Millennium Challenge Compact of about $490 million which is aimed at addressing the challenges in the entire power supply value chain, specifically in generation, transmission and distribution.

In a statement, MiDA clarified that it has only been “mandated by the Government of Ghana to implement Ghana Compact 2, which seeks to address the root causes of the current problem of unreliable power supply in the country.”

“… the publications and some of the media discussions contain a number of inaccuracies and untruths, which MiDA will fully respond to shortly,” the statement added.

The workers of the Electricity Company of Ghana (ECG) had staged massive opposition against government’s decision to privatiise some operations of the company.

“Workers of ECG are not in support of the government of Ghana’s decision to give the company to a private entity under a concessional arrangement,” said the Deputy General Secretary of the Public Utility Workers Union, Michael Nyantakyi in an interview on Eyewitness News.

Ghanaians and particularly industry have endured about three years of serious energy problems, leading to thousands of job cuts in the private sector.

MiDA also said in the statement that the challenges in the power sector “have caused severe hardship to many Ghanaians, impeding our national development agenda.”

Meanwhile President Mahama in a recent trip to Italy, reiterated his government’s determination to end the three-year long power crisis.

He acknowledged that the availability of electricity will drive economic growth since most businesses in the country rely on power.