By Lawrence Odoom
Minister for Energy and Green Transition, John Abdulai Jinapor, has taken a bold step in establishing a committee to investigate the procurement activities of the Electricity Company of Ghana (ECG) during the Akufo-Addo administration. This move comes amidst revelations of “frivolous procurements” that have resulted in significant financial losses for the company.
According to Jinapor, the ECG’s procurement practices have been marred by inefficiencies, with approximately 3,000 containers currently stranded at the ports, accumulating demurrage costs estimated at a staggering GHS 1.5 billion.
The Minister described these procurements as “very frivolous,” citing instances where items procured will last for ten years or even expire within five years.
To address these concerns, the committee will investigate ECG’s procurement activities and the financial burden caused by the stranded containers. Jinapor confirmed that the committee is making good progress, and preliminary findings indicate that former ECG managers failed to adhere to proper procurement processes and guidelines.
The Minister’s preliminary assessment suggests that there is “massive rot” within the ECG, prompting plans for a broader audit of the energy sector. This audit will encompass a human resource and technical review, aimed at identifying inefficiencies and informing policy directives to address these issues.
The Ministry’s initiatives aim to promote transparency and accountability within the energy sector, ultimately enhancing its performance. Undoubtedly , by taking a proactive approach to addressing these challenges, the government demonstrates its commitment to responsible governance and effective resource Management