Single ECG revenue account won’t solve power crisis [Video]

Ranking Member on Parliament’s Mines and Energy Committee, John Jinapor, has said that the Finance Ministry’s decision to put all of the Electricity Company of Ghana’s (ECG) revenue collected into a single account does not solve the current power crisis.

This comes after Finance Minister, Dr Mohammed Amin Adam, disclosed that a single account has been established for ECG’s revenue collection.

At a press conference on the sidelines of the IMF and World Bank Spring Meetings in Washington, DC, USA, Dr Amin Adam said the move will ensure that tracing revenue collected by the ECG will not be a challenging task.

But speaking on Newsnight on Joy FM on April 22, John Jinapor said the current power crisis is a result of challenges in securing funds to procure fuel that has resulted in intermittent power cuts.

He stated that the solutions given by the Finance Minister will do little to …