ECG always in debt, 10% revenue unaccounted for – Energy Minister - News Summed Up

ECG always in debt, 10% revenue unaccounted for – Energy Minister


According to the Minister, a company like ECG, having a monopoly status to sell energy, should have huge cash reserves and also be able to make profit as financial backup. The ECG is always in debt.” Dr Matthew Opoku Prempeh noted as quoted by Graphic Online. Dr Matthew Opoku Prempeh also disclosed that ECG is unable to account for 10 percent of electricity services rendered to the public. The Energy Minister was addressing the newly inaugurated board members of the ECG. The new ECG board was wholly nominated by the government.


Source: GhanaWeb August 05, 2021 09:56 UTC



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