The Minister for Energy and Green Transition, John Abdulai Jinapor, has dismissed claims that the government intends to sell the Electricity Company of Ghana (ECG) or the Northern Electricity Distribution Company (NEDCo).
Addressing the presidential press corps on Friday, 7th March, at Jubilee House following President John Dramani Mahama’s second cabinet meeting, he clarified that no decision has been made to privatise these state-owned power distributors.
Speaking on the matter, Mr Jinapor emphasised that the government is only considering a partnership to improve revenue collection within the sector.
“Let me be clear: the government has not made any decision to sell ECG or NEDCo. What we are exploring is a partnership to enhance the efficiency of revenue collection, which remains a key challenge for the power distributors,” he stated.
He further explained that such a move would ensure financial sustainability while maintaining state ownership of these essential institutions.
The Minister stressed that ECG and NEDCo continue to play a critical role in Ghana’s energy sector and that any decision regarding their operations would be made in the national interest.
“We acknowledge the concerns raised, but I assure Ghanaians that ECG and NEDCo remain public assets. Any intervention we undertake will be aimed at improving their efficiency, not privatising them,” he added.
Mr Jinapor urged the public to disregard misinformation regarding the alleged sale of the power distributors.
He reiterated that the government remains committed to strengthening Ghana’s energy sector while ensuring that electricity services remain reliable and affordable for all citizens.