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Home ECONOMY-OIL PRODUCTION

Energy Minister leads ECG to retrieve debt owed to the company

Jermaine Owusu Boateng by Jermaine Owusu Boateng
April 25, 2023
in ECONOMY-OIL PRODUCTION
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Energy Minister leads ECG to retrieve debt owed to the company
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The Minister of Energy, Dr. Matthew Opoku Prempeh, has led the revenue protection task force of the Electricity Company of Ghana (ECG) to retrieve more than GH¢1.59 million from two companies in Accra.

The two companies, which owed the power distribution company various sums of money, are the Boston Investment Ltd at Airport City and the Coca-Cola Company Ltd on Spintex Road, both in Accra.

The move, which is part of the nationwide revenue collection exercise the ECG has embarked on to retrieve debts of about GH¢5.7 billion, was for the minister to demonstrate his full support for the exercise.

“This exercise is part of overarching efforts at ensuring that the ECG remains viable to deliver efficient service to consumers,” the Energy Minister said after the exercise.

The Minister added that his presence on the team was to send a clear signal that the exercise had ministerial backing.

“As a country, we cannot continue to countenance the attitude of non-payment of bills, among other illegalities and expect optimal service delivery,” he stated.

The Energy Minister added; “The financial capacity of the generator, transmitter and distributor is very much anchored on prompt payment of bills, especially as we work to clamp down on all forms of losses and intra-sector debts.”

 

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