We'll use every legitimate means to stop ECG privitisation - TUC
Dr Kwabena Nyarko Otoo, Deputy Secretary General of the Trades Union Congress (Ghana), stated on Saturday, May 16, on JoyNews' Newsfile that Organised Labour will resist any attempt to privatise the Electricity Company of Ghana (ECG). Mr. Otoo said, "The TUC and its affiliates will also be ready to ensure that we use every legitimate means to stop this privatisation."
The Trades Union Congress (TUC) and its affiliates remain firmly opposed to privatisation of ECG, because labour unions are concerned about ongoing discussions around the restructuring and potential privatisation of key state-owned enterprises under economic reform programmes. The IMF is pushing Ghana to fast-track private sector participation in the operations of the ECG, warning that deep problems in the energy sector continue to threaten public finances and economic stability. The call formed part of discussions between an IMF staff team led by Ruben Atoyan and Ghanaian authorities during a mission to Accra from April 29 to May 15 for the sixth and final review of Ghana's Extended Credit Facility programme. The IMF issued a statement at the end of the mission on Friday that protecting public resources would require stronger reforms in both the energy and cocoa sectors.
Dr. Otoo argued that "ECG has made notable improvements in revenue performance and operational reach, and therefore should not be handed over to private control." He also cautioned against adopting private concession models for electricity distribution, citing concerns about affordability, access, and long-term sustainability in other jurisdictions. Mr. Otoo maintained that while reforms in the power sector are necessary, they should not undermine public ownership or lead to higher tariffs and reduced access for ordinary consumers.
Quick Summary
The Trades Union Congress (TUC) has expressed strong opposition to the potential privatisation of the Electricity Company of Ghana (ECG). Labour unions are concerned about the restructuring of key state-owned enterprises - but what could this mean for the average Ghanaian?
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