
Audio By Carbonatix
The Deputy Secretary General of the Trades Union Congress (Ghana), Dr Kwabena Nyarko Otoo, has stated that Organised Labour will resist any attempt to privatise the Electricity Company of Ghana (ECG).
Speaking on JoyNews’ Newsfile on Saturday, May 16, he said labour unions are concerned about ongoing discussions around the restructuring and potential privatisation of key state-owned enterprises under economic reform programmes.
Mr Otoo stressed that the Trades Union Congress (TUC) and its affiliates remain firmly opposed to privatisation of ECG, warning that such a policy direction would be strongly resisted.
“The TUC and its affiliates will also be ready to ensure that we use every legitimate means to stop this privatisation,” he said.
His comments follow the International Monetary Fund (IMF) pushing Ghana to fast-track private sector participation in the operations of the ECG, warning that deep problems in the energy sector continue to threaten public finances and economic stability.
The call formed part of discussions between an IMF staff team led by Ruben Atoyan and Ghanaian authorities during a mission to Accra from April 29 to May 15 for the sixth and final review of Ghana’s Extended Credit Facility programme.
In a statement issued at the end of the mission on Friday, the IMF said protecting public resources would require stronger reforms in both the energy and cocoa sectors.
However, Dr Otoo argued that "ECG has made notable improvements in revenue performance and operational reach, and therefore should not be handed over to private control."
He also cautioned against adopting private concession models for electricity distribution, citing concerns about affordability, access, and long-term sustainability in other jurisdictions.
Mr Otoo maintained that while reforms in the power sector are necessary, they should not undermine public ownership or lead to higher tariffs and reduced access for ordinary consumers.
Latest Stories
-
Bole-Bamboi MP to commission renovated classroom blocks to improve learning environment
16 minutes -
Father’s Day: UMB marks occasion with courtesy call on Mahama
22 minutes -
AG opposes bid to delay judgment in Wontumi Samreboi trial
29 minutes -
Parliamentary Education Committee visits Ghana Scholarship Authority
39 minutes -
Ghana, UK move closer to signing forestry partnership agreement – Yusif Sulemana
40 minutes -
Fuel Levy cash cleared IPP debts and restored Ghana’s credit standing – PURC boss
59 minutes -
‘Keeping the lights on Costs $92m a month’ – PURC boss reveals hidden power bill
1 hour -
Boakye Agyarko outlines plan to strengthen NPP communications machinery ahead of 2028
2 hours -
Takoradi MP proposes policies to streamline Ghana’s mining industry
2 hours -
Defilement: Victim’s family praises DOVVSU, recommends promotion for two personnel
2 hours -
Two friends granted GH$200k bail over gold theft
2 hours -
24 pick nomination forms for Akan NPP executive elections
2 hours -
Gender, Finance ministries explore incentives for institutions complying with Affirmative Action Law
2 hours -
Flooding in Ghana: Asantehene calls for engineering solutions
2 hours -
Read Full Judgment that sent Herald Editor Larry Dogbey to prison for 7 days
2 hours