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IES urges ECG not to sleep on debt collection exercise as it ends

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The Institute for Energy (IES) has called on the Electricity Company of Ghana (ECG) to remain vigilant in its debt collection efforts, as the company’s revenue mobilization exercise ends on April 21.

The ECG is said to have recovered over GH¢2 billion of the GH¢5.7 billion owed to it during the one-month exercise. However, Adam Yakubu, Research and Policy Analyst at IES, has cautioned that the company could slip back into inactivity once the deadline has passed.

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Yakubu has recommended that the revenue mobilization exercise be conducted monthly to demonstrate the ECG’s commitment to addressing the issue. He has also advised the company to educate Ghanaians on the importance of settling their debts.

Managing Director of ECG, Samuel Dubik Masubir Mahama, has previously stated that the company may outsource debt collection to a private debt collector after the exercise ends. Yakubu welcomed this move, but added that the ECG needs all the assistance it can get.

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