John Abdulai Jinapor, the Energy Minister has revealed a there is massive rot at the Electricity Company of Ghana (ECG).
The minister noted that about 3,000 containers belonging to ECG are stuck at the port, incurring 1.5 billion in demurrage fees.
According to John Abdulai Jinapor, a container worth about $500,000 was also imported by the ECG but could not clear it and somehow the container was auctioned for 100,000 cedis.
He further revealed that the container sold for 100,000 cedis was later resold to the ECG for $300,000.
Speaking on Hot Issues on TV3 on Sunday, February 16, 2025, John Jinapor revealed, “I checked with the port, and the security report I received shows that a container worth about $500,000 was imported. ECG couldn’t clear it, and somehow, someone was able to buy it at auction for 100,000 cedis, then resell it to ECG for $300,000,” Jinapor disclosed.
“It will stop. And I mean it will stop. Whatever it takes to stop that, no matter how unpopular that may be, we must take action“, he added.
John Abdulai Jinapor further detailed, “It’s all because they are engaged in what I call very frivolous procurements. Now, they have about 3,000 containers stuck at the ports, generating a demurrage of about GHS 1.5 billion, which is very unacceptable. Some of the things they’ve procured will last them ten years, some will even expire in five years,”
“So we’ve commissioned a committee to investigate ECG’s procurements and the cost of these containers stuck at the ports. The committee is doing a very good job,”
The Energy Minister boldly declared there are massive rots at the ECG.
He added, “So far, the preliminary reports I have gotten indicate that there’s massive rot at ECG.”
Johh Jinapor revealed a human resource audit, a deeper audit of the entire energy sector will be conducted to clear the inefficiencies.
“But beyond that, there will be another technical report. What the PwC has done is a financial audit. We want to do a human resource audit, a deeper audit of the entire energy sector, which will then give us a clear picture of the inefficiencies so that we can tailor that in terms of our policy objective and policy directive to address this”, he added.
Watch the video below:
“There is massive rot at ECG. About 3,000 containers belonging to ECG are stuck at the port, incurring 1.5 billion in demurrage fees.” – Energy Minister makes shocking revelations pic.twitter.com/OMBZDr9qSO
— Mahama 2024 president (@CitizenTechiman) February 16, 2025
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