The Public Utility Workers Union (PUWU) says it is unfair for the US Ambassador to Ghana, Robert Jackson to say it is too late to renegotiate the Millennium Compact II.
This facility seeks to privatize parts of the Electricity Company of Ghana (ECG).
PUWU is also accusing the US Ambassador of “tacitly blackmailing” the government of Ghana into implementing the compact.
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PUWU insists that, the US has tied the hands of government, a situation they argue breaches sections of the compact that provides for amendments.
General Secretary of PUWU, Michael Adumatta Nyantakyi, is therefore calling on President Akufo-Addo to engage stakeholders on the matter.
He spoke to Citi news
“The United States Ambassador to Ghana, Mr. Robert Jackson reacted with remarks that it was too late for renegotiation so government should go ahead with the implementation of the compact. The US Ambassador’s remark is viewed as unfortunate.”
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Mr. Nyantakyi said his outfit is not against the Compact II, but he opposes the handing over of ECG to a private entity for 25 years.
The union is against the single concession which can create drive monopoly in the electricity distribution.
The Compact II agreement
Ghana and the Millennium Challenge Corporation of the US government signed the second Compact in October 2016.
The agreement brought to total $1.4 billion received by the government of Ghana to be injected into the country’s energy sector geared towards making the ECG more efficient.
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The project under the compact includes the ECG Financial and Operational Turnaround Project, NEDCo Financial and Operational Turnaround Project, Regulatory Strengthening and Capacity Building Project, and Access Project.
The rest are Power Generation Sector Improvement Project and Energy Efficiency, and Demand Side Management Project.