Audio By Carbonatix
Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has stated that for many years, ECG's revenue was not the best.
Speaking at the JoyNews National Dialogue on Thursday, April 10, Mr Mahama stressed that ECG had historically not been part of major revenue conversations.
"ECG was never at the table in terms of revenue. For years, ECG’s revenue was flat-lined — always between GH¢450 million to GH¢500 million. No utility company’s revenue should be that stagnant," he said.
Read also: There was zero investment in ECG during Akufo-Addo’s first tenure – Dubik Mahama
However, he pointed to the significant progress made during his tenure, where ECG’s revenue reportedly increased to GH¢1.5 billion.
Mr Mahama further explained that ECG’s financial struggles were deeply rooted and not new to him when he assumed office in May 2022. However, sitting at the board level was a different experience compared to managing the company daily.
"There were a lot of discrepancies in the thinking around the company called ECG. Data from the Project Management Office revealed that over 700 electrical infrastructure projects were outstanding, about 100 more in civil works, and only 12 in customer service. This showed clearly that while the infrastructure side was being addressed, the business side — the side that brings in the money — was neglected."
He noted that there was a fundamental flaw in how the company related to its customers, emphasising that no modern utility company can thrive without investing in customer interface systems.
"I had a discussion with the board and told them that no critical 21st-century utility operates without properly engaging customers. So, we embarked on an ambitious drive to change the narrative around customer relations," Mr Mahama said.
Despite his familiarity with the company’s challenges from his time on the board, Mr Mahama admitted that sitting in the Managing Director’s chair exposed him to the harsh realities of ECG’s operational difficulties.
Latest Stories
-
GPL 2025/26: Mensah brace fires All Blacks to victory over Eleven Wonders
32 minutes -
This Saturday on Newsfile: Petitions against the OSP, EC heads, and 2025 WASSCE results
60 minutes -
Ambassador urges U.S. investors to prioritise land verification as Ghana courts more investment
2 hours -
Europe faces an expanding corruption crisis
2 hours -
Ghana’s Dr Bernard Appiah appointed to WHO Technical Advisory Group on alcohol and drug epidemiology
2 hours -
2026 World Cup: Ghana drawn against England, Croatia and Panama in Group L
2 hours -
3 dead, 6 injured in Kpando–Aziave road crash
2 hours -
Lightwave eHealth accuses Health Ministry of ‘fault-finding’ and engaging competitor to audit its work
2 hours -
Ayewa Festival ignites Farmers Day with culture, flavour, and a promise of bigger things ahead
2 hours -
Government to deploy 60,000 surveillance cameras nationwide to tackle cybercrime
3 hours -
Ghana DJ Awards begins 365-day countdown to 2026 event
3 hours -
Making Private University Charters Optional in Ghana: Implications and Opportunities
3 hours -
Mampong tragedy: Students among 30 injured as curve crash kills three
3 hours -
Ken Agyapong salutes farmers, promises modernisation agenda for agriculture
3 hours -
Team Ghana wins overall best project award at CALA Advanced Leadership Programme graduation
3 hours
