According to Cudjoe, the President’s claiming that the power crisis aka dumsor, that had been affecting the country was not due to lack of finances was somewhat of a falsehood.
The IMANI President, Franklin Cudjoe has recommended that 80% of the Electricity Company of Ghana (ECG) be privatized over a period of years.
According to Cudjoe, who was spoke on Accra-based CITI FM, the President’s claiming that the power crisis aka dumsor, that had been affecting the country was not due to lack of finances was somewhat of a falsehood.
“There is also a function of money otherwise, if it were not, we will not necessarily be asking for some private participation in electricity distribution.
This is something I totally agree with government. I will think that ECG should go private – 80% of it should be privatized if for 20 years.”
The outspoken Franklin, however, agreed that there was a technical loss due to outdated transmission lines and very old infrastructure. “...there is some element of truth on the issue of technical loss…but there is also clearly the issue of money as well – money in terms of what decisions are being made for even this emergency power barges…”
He stressed that Ghanaians need to see efficiency because “those things will set the ground for effective public-private participation in the electricity supply so it’s money, not technical.”