The Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII has observed that political interference is not helping the work of GRIDCO, ECG and VRA.
He is calling for stpes to be taken to chnage this narrative
His comment comes after another Energy Expert Kwame Jantuah stated that the main problem affecting the effective delivery of work by GRIDCo, ECG, and VRA, is political interference.
Kwame Jantuah asked the political appointees within these institutions must make way for technical persons to function and deliver.
“Does the private sector have the wherewithal to do this? Even if you go to the banks, can banks raise the money? I remember when we discovered oil we tried to syndicate banks to raise money for exploration, were we able to do it? Let us be honest, I respect Otumfuo highly, he is my relative and I respect him but can we do it? Can we trust the privatise sector? Isn’t it capital flight?
“PDS, when they came, what happened? The internationals that come to Ghana to work, do they not change the money into their currencies and take it away,? Isn’t it our local forex that they change the money away?
We have to be sure that we have streamlined our laws, you need technical people to run technical institutions so that when the government changes those technical people are still there this issue about the president nominating everybody, that is where you get the politics in there. This PURC, ECG GRDICO thing, it is politics,” he said on Ghana Tonight on TV3 Wednesday April 17 while reacting to the Asatehens call to diversufy ECG, VRA, and GRDICo.
Also commenting on this issue on the Ghana Tonight show, Nana Amoasi VII, said “The political interference is soo much and has proven not to be gainful so we must begin to change the trend.
“When you go into the private sector, you find not only competence but then capital is easy to be attracted within that sector and so what we find ourselves today going into 2025, any government that will be formed will have to deal with that cash flow change and so we have to rely on privet partners to also support us.
“This is the reason for which we attempted the PDS, just as we frustrated our own initiatives.”
