Monday, March 31, 2025

Energy minister cuts ECG’s budget to GH¢250 million amid missing containers scandal

Share

John Abdulai Jinapor is the Minister of Energy and Green Transition John Abdulai Jinapor is the Minister of Energy and Green Transition

The Minister of Energy and Green Transition, John Abdulai Jinapor, has announced a reduction in the Electricity Company of Ghana’s (ECG) budget allocation from GH¢500 million to GH¢250 million.

His decision follows an external audit, as disclosed by Prof. Innocent Senyo Acquah, Chairman of the investigative committee, which found that only 1,134 of the 2,491 reported uncleared containers belonging to ECG were actually available at the port.

Jinapor stated that the budget cut aims to help the ministry settle outstanding debts and safeguard the energy sector from collapse.

Speaking in Parliament on March 28, 2025, John Jinapor disclosed that excessive cable purchases by ECG in 2023 led to an overspend of GH¢7.3 billion, far exceeding their allocated GH¢935 million for planned procurement.

Despite this, he assured that the ministry is taking steps to avert a crisis by cutting the initial GH¢500 million budget allocated to ECG.

“We have reduced their budget from GH¢500 million to GH¢250 million because we must pay the power producers. Today, the bill in the energy sector stands at over GH¢80 billion. If we don’t act, this sector will collapse. As Minister, I am determined to do my part, no matter how difficult it is,” he said.

FKA/MA

Read more

Local News