ECG board chair resigns

Tony Oteng Gyasi has stepped down from his position as Board Chairman of the Electricity Company of Ghana (ECG), citing his health as reasons.

Sources say the President is however yet to respond to his letter.

Oteng Gyasi, who was appointed board chairman in September last year, has resigned at a time where the power sector is going through challenges.

The country is going through another load shedding exercise, with the ECG coming under fire for not releasing a schedule.

Ghanaian households and businesses have endured a 2-week load shedding, following the halt of gas supply from Nigeria which has been linked to a strike by workers in the gas sector.

The Volta River Authority (VRA) had announced that as much as 500 megawatts of electricity would be shed as a result of the shortfall in gas.

The World Bank in a June 2013 report titled ‘Energizing Economic growth in Ghana, criticized the previous ECG board, noting that an organization of the size of ECG should have a ‘first rate board.’