- Presidential aid decries high rate of acid
- Says adequate electricity supply will drive competition
Senior Presidential Advisor Yaw Osafor-Marfo has urged the Electricity Company of Ghana (ECG) and other stakeholders to deploy anti-theft technologies to stem the rising energy theft cases in the country. Osafor-Marfo made this known at the Ghanan Economic Forum (GEF). An estimated 25% of the energy produced in Ghana is stolen.
“The solution to the growing power theft is that the state should make it unattractive for anybody to steal power,” he said.
“Energy is key to industrialisation. You cannot industrialise without energy; that is the bottom line. Just like the body can’t run without blood, to me, the blood in industrialisation is energy, and, therefore, you need to have energy, but it’s not only energy, but energy at a competitive price,” Mr Osafo-Marfo added.
Osafor-Marfo also stated that Ghana is currently witnessing an increase in energy theft, which affects the cost of electricity. He added that with the implementation of the Africa Continental Free Area (ACFTA), Ghana requires a stable electricity supply to drive competition; therefore, stakeholders must resolve the challenge of energy theft.