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    Home»Business»There was zero investment in ECG during Akufo-Addo’s first tenure – Dubik Mahama
    Business

    There was zero investment in ECG during Akufo-Addo’s first tenure – Dubik Mahama

    ZamZam UpdateBy ZamZam UpdateApril 11, 2025No Comments2 Mins Read
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    Former Managing Director of the Electrical energy Firm of Ghana (ECG), Samuel Dubik Mahama, has revealed that there was just about no funding made within the firm through the first time period of President Nana Akufo-Addo’s administration.

    Talking on the JoyNews Nationwide Dialogue on Thursday, April 10, Mr Mahama defined that the shortage of funding was largely as a result of authorities’s deal with privatising the ability distribution firm throughout that interval.

    “For those who solid your thoughts again, through the President’s first tenure, all efforts had been geared in direction of sending ECG into privatisation. So, there was zero funding within the firm,” Mr Mahama acknowledged.

    He recounted the failed Energy Distribution Providers (PDS) deal, which noticed the administration of ECG transferred to PDS for about eight months earlier than the deal collapsed.

    Following the botched privatisation try, ECG reverted to state management simply because the nation was heading into the 2020 normal elections, he added.

    “Once I assumed workplace in 2022 as Managing Director, one of many first issues I did was to conduct a well being examine on the corporate,” Mr Mahama disclosed. “What I discovered was that though there had been huge progress within the variety of ECG prospects, this was not correctly mirrored within the firm’s knowledge.”

    He defined that the system ECG was utilizing — the Business Administration System (CMS), launched by way of a World Financial institution mission — was unable to deal with the rising variety of prospects.

    “The billing system had its personal deficiencies. When it hit the 4.5 million buyer mark, new prospects being added weren’t being captured within the billing system. They had been hanging,” he stated.

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