The Member of Parliament for Sagnarigu, Issah Attah, has expressed strong reservations about the proposed full privatization of the Electricity Company of Ghana (ECG).
Speaking on The Big Issue on Channel One TV, Attah stated that he does not believe privatization is the right course of action.
“The issue of the privatization of the Electricity Company of Ghana is not a new phenomenon,” Attah said.
“It has been in our discourse over the decades and governments upon governments have tried to improve its efficiency, but I have reservations with the full privatization of the Electricity Company of Ghana” he added.
The MP emphasized the need for a more nationalistic approach, highlighting the strategic importance of the electricity sector to Ghana’s development.
“I don’t think that is the way forward,” he said. “I think that we should be nationalistic in mind. We must confront the issue and the issue is that ECG is not profitable, and people may argue that it is not a profit-making entity, but it must at least break even.”
The debate surrounding ECG’s privatization has been ongoing for years, with some arguing it could bring increased efficiency and new management practices. However, Attah’s concerns highlight the potential risks and consequences of privatization, particularly in a sector as critical as electricity supply.
The MP’s stance has reignited the discussion on the best approach to revitalize ECG and ensure a stable electricity supply in Ghana.
As the country continues to grapple with the challenges facing ECG, Attah’s reservations serve as a reminder of the need for careful consideration and nationalistic thinking in addressing the sector’s issues.