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Gov’t pays GHS2 billion ECG debt

1 min read

The government has paid over GHS2 billion debt owed the Electricity Company of Ghana (ECG).

This was disclosed by the Energy Minister John Peter Amewu.

Speaking at a press conference in Accra on Tuesday, 19 May 2020, Mr Amewu said: “In 2016 when the NDC left power the total amount owed the ECG was GHS2.63 billion. The NPP on the assumption of office ensured it was current on all the bills incurred from 2017 to date…President Akufo-Addo has paid 2 billion annually to cover bills to ECG.”

“All bills have been paid to ECG with a credit of 500 million,” Mr Amewu added.

All the reliefs are expected to be implemented from 1st May 2020

ECG is a limited liability Company wholly owned by the Government of Ghana and operating under the Ministry of Energy.

The Company is responsible for the distribution of electricity in the southern part of Ghana.

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