Former Managing Director of the Electrical energy Firm of Ghana (ECG), Samuel Dubik Mahama, has acknowledged that for a few years, ECG’s income was not the perfect.
Talking on the JoyNews Nationwide Dialogue on Thursday, April 10, Mr Mahama confused that ECG had traditionally not been a part of main income conversations.
“ECG was by no means on the desk when it comes to income. For years, ECG’s income was flat-lined — all the time between GH¢450 million to GH¢500 million. No utility firm’s income ought to be that stagnant,” he mentioned.
Learn additionally: There was zero investment in ECG during Akufo-Addo’s first tenure – Dubik Mahama
Nevertheless, he pointed to the numerous progress made throughout his tenure, the place ECG’s income reportedly elevated to GH¢1.5 billion.
Mr Mahama additional defined that ECG’s monetary struggles have been deeply rooted and never new to him when he assumed workplace in Could 2022. Nevertheless, sitting on the board stage was a unique expertise in comparison with managing the corporate each day.
“There have been quite a lot of discrepancies within the pondering across the firm known as ECG. Information from the Venture Administration Workplace revealed that over 700 electrical infrastructure initiatives have been excellent, about 100 extra in civil works, and solely 12 in customer support. This confirmed clearly that whereas the infrastructure aspect was being addressed, the enterprise aspect — the aspect that brings within the cash — was uncared for.”
He famous that there was a basic flaw in how the corporate associated to its prospects, emphasising that no trendy utility firm can thrive with out investing in buyer interface programs.
“I had a dialogue with the board and instructed them that no essential Twenty first-century utility operates with out correctly partaking prospects. So, we launched into an formidable drive to alter the narrative round buyer relations,” Mr Mahama mentioned.
Regardless of his familiarity with the corporate’s challenges from his time on the board, Mr Mahama admitted that sitting within the Managing Director’s chair uncovered him to the cruel realities of ECG’s operational difficulties.
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