The former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has stated that the company was in a strong and healthy position when he stepped down from his role.
Reflecting on his tenure, Mr Mahama highlighted significant progress in the company’s digitalisation efforts and operational reforms, asserting that ECG was on a positive trajectory when he left office.
According to Mr Mahama, one of the key milestones of his leadership was the successful completion of the company’s digitalisation process.
“Last year, around this same time, it was February when the whole digitalisation process ended. ECG went cashless, and revenue was coming in. The board then said those projects that are five years old, six years old, three years old, two years old that were lacking materials and everything,” Mr Mahama said.
However, Mr Mahama also acknowledged that the company faced significant challenges during his tenure.
Chief among these was the lack of investment in several longstanding projects, some of which had been in progress for years without sufficient funding or materials to complete them.
According to Mr Mahama, the ECG board recognised this issue and took decisive action to address it.
Despite the challenges, Mr Mahama expressed pride in the efforts made to stabilise the company and secure its future.
One of the critical steps taken before his departure, he said, was the decision by the board to ring-fence a portion of ECG’s daily revenue.
“I can say for the fact that the company was in a very good and healthy situation because the board had in fixing or going forward the board had made us ring-fence a certain amount of money from our daily revenue to service the lines for all these improvements that we had,” Mr Mahama remarked.
Speaking at the JoyNews National Dialogue on Thursday, April 10, Mr Mahama noted that the board explored innovative solutions to address the company’s tax challenges, which had been a long-standing concern.
“And then also, the board had also come up with innovative ways for us to be speaking with government to find a way to address our tax issue,” Mahama added.
Despite these achievements, Mahama revealed that one of the reasons he decided not to participate in the final interim report was due to a lack of consultation.
“One of my major issues towards the end was that I wasn’t given a hearing,” he said.
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