ECG Not For Sale � Energy Minister Clarifies

The Energy and Petroleum Minister, Emmanuel Kofi Armah Buah has denied reports that the Electricity Company of Ghana (ECG) is for sale. Media reports suggest that government plans to sell the Electricity Company of Ghana (ECG) following a series of losses. But speaking to Citi News, Emmanuel Kofi Armah Buah said the reports are untrue and should be discounted. �There is no truth to it at all. As a matter of fact ECG is not for sale, government has no plans of selling ECG. Our focus is to strengthen the distribution sector and ensure that they are financially strong, that everybody that owes ECG is paying it,� the Minister said. He said government will invest $500 million in the distribution sector, to strengthen ECG. �In that effort, we are going to really address the issue of technology, upgrading equipment. The reasons why we have losses. So if anybody goes to say that ECG is for sale it is completely not true, it is intended to scare employees,� the Minister added. The ECG has come under criticism for what some describe as its inability to provide consistent power supply.