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Director of Communications at the Electricity Company of Ghana (ECG), William Boateng, says the state company is lacking funds for its day-to-day activities.
 
He was emphatic on NEAT FM’s morning show 'Ghana Montie' that “ECG is broke” – after calling on state institutions owing the company to pay.
 
“I have said this before," he reiterated after host Kwesi Aboagye seek a reconfirmation if indeed the Electricity Company of Ghana is out of funds.
 
Mr William Boateng was discussing a proposed 148% increment in tariff by the ECG.
 
The tariff proposal from the power distributor submitted to the Public Utilities Regulatory Commission (PURC) is seeking an adjustment to cover the period from 2019.
 
ECG also proposed an average increase of 7.6% in tariff over the next four years to cover Distribution Service Charges (DSC).
 
However, the PURC has held a meeting with some stakeholders including the Mines and Energy Committee in Parliament, the Civil Society Organisations, the World Bank and USAID, the media and the Association of Ghana Industries (AGI) to put finality to the matter.