The Integrated Social Development Centre (ISODEC), has said privatisation of the Electricity Company of Ghana (ECG) is not likely to help stabilize the ailing state power distributor.
“We need to do a proper diagnosis of the problem facing ECG and find a solution and not to quickly jump at privatisation as an option,”Dr. Steve Manteaw, Campaign Coordinator for ISODEC said.
President John Mahama has signaled a possible privatisation of Electricity Company of Ghana (ECG), describing the current power distribution system as inefficient.
“You fix a situation by taking risks. It is a risk we took when we deregulated telecommunications. If you are not ready to take risks then the world is not ready to make progress”, said the President while addressing participants at an ICT expo in Accra Tuesday.
But Dr. Steve Manteaw believes the move may not be the panacea to the problems confronting ECG.
He’s asked the state to explore better options at dealing with the inefficient downstream distribution system on the electricity and power sector.
