Audio By Carbonatix
The Executive Director of the Africa Centre for Energy Policy (ACEP) has criticised the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) for their inability to collect revenue.
According to Benjamin Boakye, this has led to the accumulation of debt and power shortages for Ghanaians.
Speaking on JoyNews’ Newsfile on Saturday, March 16, Mr Boakye stated that people are stealing power, yet these distribution companies have failed to address the issue effectively.
He emphasised that both ECG and NEDCo are merely engaged in "optics by going to government facilities to disconnect them" rather than tackling traceable bills.
Mr Boakye stated that the government is not evading responsibility and thus ECG can approach for negotiation on owed payments, adding that “you don’t go threatening the one you know."
He highlighted the inefficiencies within the distribution companies, particularly the ECG, citing technical and commercial losses amounting to approximately 30%.
"What that means is that if you give them GH₵2 billion worth of energy every month, they cannot account for almost GH₵600 million that goes to waste.
“And the government money you are chasing is not up to that money. Beyond that, the government is paying every month GH₵250 million for suppliers in the space so the hard work of going after those who are stealing power, we’re not seeing traction and the inefficiencies within the ECG itself, we’re not seeing how they are dealing with it,” he said.
Latest Stories
-
7 dead, 21 injured in Hwideim-Acherensua highway crash
52 seconds -
Non-Interest Banking: A true Christian way of banking
14 minutes -
Cardiologist warns excessive ‘koobi’ and ‘momoni’ could increase blood pressure risk
16 minutes -
Ga Mantse calls for closer cooperation between Zongo leaders and traditional authorities
17 minutes -
Wa-Han road will be completed by end of 2027 – Mahama
18 minutes -
Gyakie features on Ajebo Hustlers’ new song ‘365 Days’
23 minutes -
Global coal demand forecast to rise by 1.2% in 2026 to a record 8.94 billion tonnes due to Middle East conflict, IEA says
23 minutes -
Big Push road projects to be completed in phases due to limited funds – Mahama
26 minutes -
Rybakina sets up blockbuster Sabalenka final at US Open
31 minutes -
Former FIFA Chief Member Associations Officer Kenny Jean-Marie joins ACG Advisory Board
34 minutes -
Kenyasi JHS gets $600,000 facelift after years of unsafe conditions
47 minutes -
MUSIGA members to benefit from MASLOC loans
48 minutes -
Police rescue 30-year-old man allegedly abducted at Assin Fosu
50 minutes -
Ending double-track: Bono East Minister impressed with Yefri SHS project, unhappy with Busunya contractor
54 minutes -
New Supreme Court Justices pledge to uphold Constitution, administer justice without fear or favour
57 minutes