ECG’s budget slashed from GH¢9bn to GH¢1.5bn, former MD warns: cut capital spending, kill the grid’s future.
The former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has warned that drastic reduction of the company’s capital expenditure could adversely affect its operational efficiency and long-term sustainability. Speaking on Ekosiisen on Asempa FM, he also called for candid decision-making to resolve the challenges facing ECG, raising concerns that while ECG used to work with a GH¢9 billion budget, only about GH¢1.5 billion is now being channeled into capital investment and expansion. “The development is disturbing,” he said, warning that less spending could hinder infrastructure maintenance and expansions in service, and affect reliable power delivery across the country. Mahama said there was a need for strategic action to protect the financial health of the ECG and to meet the growing demand for electricity.
