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Former ECG MD exposes investment shortfall during Akufo-Addo’s first term

Kumasi Mail by Kumasi Mail
April 11, 2025
in News
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Former ECG MD exposes investment shortfall during Akufo-Addo’s first term
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Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, disclosed that the administration of former President Nana Akufo-Addo failed to invest in ECG during his first term.

Speaking on JoyNews National Dialogue monitored by Kumasimail, Mahama attributed this lack of investment to the government’s focus on privatizing the power distribution company at the time.

“If you cast your mind back, during the President’s first tenure, all efforts were geared towards sending ECG into privatisation. So, there was zero investment in the company”

According to Mahama, upon assuming office in 2022, he conducted a health check on ECG, revealing significant growth in customer numbers that was not accurately reflected in the company’s data.

He emphasized “When I assumed office in 2022 as Managing Director, one of the first things I did was to conduct a health check on the company…What I found was that although there had been massive growth in the number of ECG customers, this was not properly reflected in the company’s data”.

He added “The billing system had its own deficiencies. When it hit the 4.5 million customer mark, new customers being added were not being captured in the billing system. They were hanging”.

Reflecting on his tenure, Mahama highlighted significant progress in the company’s digitalization efforts and operational reforms, asserting that ECG was on a positive trajectory when he left office.

He explained that one of the key milestones of his leadership was the successful completion of the company’s digitalization process.

“Last year, around this time, in February, the digitalization process was completed. ECG transitioned to a cashless system, and revenue began flowing in. The board then addressed projects that were five, six, three, and two years old, which had been lacking necessary materials and resources,” Mahama stated.

By: Kwadwo Owusu

Tags: Electricity Company of Ghana (ECG)former Managing Directorformer PresidentNana Akufo-AddoSamuel Dubik Mahamatopstory
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