{"id":3808,"date":"2024-04-17T15:59:58","date_gmt":"2024-04-17T15:59:58","guid":{"rendered":"https:\/\/sotnews.agency\/?p=3808"},"modified":"2024-04-17T16:10:09","modified_gmt":"2024-04-17T16:10:09","slug":"privatise-gridco-vra-and-ecg-otumfuo-tells-govt","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=3808","title":{"rendered":"Privatise GRIDCo, VRA and ECG \u2013 Otumfuo tells govt"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 34 Second <\/div>\n\n <\/div>

The Asantehene Otumfuo Osei Tutu II has told the government to privatize the Volta River Authority (VRA), the Ghana Grid Company Limited (GRIDCo), and the Electricity Company of Ghana (ECG).<\/strong><\/p>\n

In his view, privatizing them will make these institutions function as expected of them.<\/p>\n

Speaking during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy, in Kumasi on Wednesday, April 17, he said \u201cIt\u2019s about time that the government realizes that it\u2019s not going to work for the government to be involved in setting up companies without involving the private sector, it doesn\u2019t work. The government should confront policies and involve the private sector and you can attract more investors into the country which will create more employment.<\/p>\n

\u201cVRA and others are all government establishments, let\u2019s give it out and diversify them into the private sector and get more money there and get the right people to do it. GRIDCo and others let\u2019s give them the money and get the qualified people, diverse government from it and let them work. Electricity Company is in a situation where we don\u2019t know, but that also must be diversified and given to the private sector.<\/p>\n

Otumfuo advocates more public-private-partnerships; tells govt to prioritise policies that foster growth<\/a><\/p>\n\n

\u201cWhy are we still holding on when we don\u2019t have the money? We\u2019re not able to collect all the taxes we want, we\u2019re going to IMF and all those for money. We\u2019re hanging onto industries we cannot maintain and run.\u201d<\/p>\n

He added \u201cIt\u2019s about time we face reality and decide on what government should be doing and what the private sector should be doing. This is a testimony of the private sector, and they were able to attract investors.\u201d<\/p>\n

The post Privatise GRIDCo, VRA and ECG \u2013 Otumfuo tells govt<\/a> first appeared on 3News<\/a>.<\/p>

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The Asantehene Otumfuo Osei Tutu II has told the government to privatize the Volta River Authority (VRA), the Ghana Grid Company Limited (GRIDCo), and the Electricity Company of Ghana (ECG).… <\/p>\n","protected":false},"author":1,"featured_media":3816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-3808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/3808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3808"}],"version-history":[{"count":1,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/3808\/revisions"}],"predecessor-version":[{"id":3818,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/3808\/revisions\/3818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/3816"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}