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2023 SONA: Digitalisation of ECG offices to boost revenue by 40%, says Akufo-Addo

Akufo-Addo said this will be made possible after the completion of the first phase of ECG's digital transformation programme in April this year

The Electricity Company of Ghana (ECG) is expected to record a 40% increase in revenue in the coming months, President Akufo-Addo has said.

Akufo-Addo said this will be made possible after the completion of the first phase of ECG’s digital transformation programme in April this year.

Delivering the State of the Nation Address in Parliament on Wednesday (8 March), Akufo-Addo said currently all ECG district offices have gone cashless.

“Mr. Speaker, I am pleased to inform the House that the Electricity Company of Ghana, has since the last quarter of 2022, embarked on an aggressive digital transformation programme. In the first phase of this programme, set to be completed by end of April 2023, the focus is on creating a cashless and efficient payment system,” Akufo-Addo said.

“I am pleased to announce that, on 1st March 2023, all ECG District Offices became cashless. This is a major achievement by all standards. Since the start of this transformational programme, we have so far seen a twenty-five percent (25%) increase in the monthly revenues. The second phase of the programme will see the digitisation of post-paid bills, and the digital tagging of all metres.

“In our estimation, these initiatives should increase the monthly revenues of ECG by some forty percent (40%) before the end of this year. I firmly believe that the initiatives, which have been so boldly rolled out by ECG, will make revenue leakage a thing of the past, and address consumer pain points in their interactions with ECG,” Akufo-Addo added.

Watch the full presentation in the video clip attached below:

Reporting by Fred Dzakpata in Accra

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