[ad_1]
General news for Sunday 14 February 2021
Source: My new GH
02/14/2021
Designated Minister of Energy, Dr Mathew Opoku Prempeh
Designated Minister of Energy, Mr. Matthew Opoku Prempeh is convinced that outsourcing Ghana Electricity Company (ECG) to the private sector will be the best option for the country.
According to him, it has been on the radar of all governments formed in Ghana to outsource ECG, hence the need for the private sector to take over ECG.
However, he believes the privatization of Ghana’s power company will need to take on a different dimension to make it feasible.
Dr Matthew Opoku Prempeh made the comments in response to transactions between ECG and PDS which almost invoked financial sanctions from foreign partners based on Ghana’s millennium agreement with the US government in the energy sector.
Meanwhile, the former education minister explains that “since 2001 every government formed in this country has tackled the ECG saga with privatization in mind. All have used some type of privatization, external entities probably belonging to the top and managing ECG. There are other aspects of privatization that we will probably have to consider outsourcing the last line of ECG, in my opinion this could be a viable solution and also to ensure that when in the hands of Ghanaians , we manage it and manage it well. So maybe we need to approach privatization differently and invite private sector players and see how it goes.
Source link
