The Board Chairman of the Electricity Company of Ghana (ECG) has dismissed calls for the dissolution of the board as misplaced.
The Africa Centre for Energy Policy (ACEP) recently urged the removal of ECG’s board, citing allegations of mismanagement and significant financial losses. According to ACEP, revenue losses soared from GH¢295 million in 2017 to GH¢9.7 billion in 2022.
In response to these calls during the appointment of David Asamoah as the acting Managing Director, ECG Board Chairman Alexander Afenyo-Markin emphasized that what is necessary for the efficient operation of the company is stakeholder engagement, rather than board dismissal.
“I think that is a misplaced position. However, I accept the fact that we must place our shoulders to the wheel for reforms. I mean, from outside and coming in. I think that ECG can be very efficient if we subject ourselves to reforms. And reform would involve engaging all stakeholders internally and communicating these to the external stakeholders.
“So it is an all-inclusive matter and I don’t want this blame game approach that we are blaming the public and the public is also blaming us.”
He assured further that the resignation of Samuel Dubik Mahama as the MD of ECG will not occasion intermittent power supply.
“The board has received the support of management in its decision and we are here to assure you that the fact that we have had changes in management will not mean that you are going to have some interrupted power supply.
“The entire system of the company is in place and the company will continue to provide the essential services that it provides for Ghanaians and the country.”