Let's diversify VRA, ECG – Otumfuo tells gov't
It is high time the government realised that setting companies "without involving the private sector doesn’t work," Asantehene Otumfuo Osei Tutu II has said.
In his view, therefore, "the government should confront policies and involve the private sector" to "attract more investors into the country which will create more employment".
Speaking at the commissioning event of a 430-kilometre natural gas pipeline by Genser Energy aimed at bolstering the nation’s power sector, the Asante monarch said: “VRA and all other establishments, let’s diversify them into the private sector and get more money there". "Let’s give them the money and get the qualified and right people to do it," he urged. For instance, he said the Electricity Company of Ghana can diversify some of its operations to private companies who are experts in a particular aspect where the power distributor falls short.
"Electricity Company is in a situation; where we don’t know, we must diversify and give it to the private sector," Otumfuo advised.
He wondered: “Why are we still holding on when we don’t have the money?"
"We’re not able to collect all the taxes we want. We’re going to IMF and all those for money. We’re hanging onto industries we can not maintain and run," the Asantehene bemoaned.
“It’s 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", he cited as an example to buttress his point.
Source: classfmonline.com
Trending News
Dec. 7 polls: Prioritise national interest over politics – Head of Civil Service tells staff
06:59Dumsor: Amoasi's push for Napo exit founded on ignorance – Minister's spokesperson
11:54Bawumia hailed for religious diversity after visit to Pope Francis
05:41Akufo-Addo gov't's 'greed, unbridled arrogance, unrestrained impunity, sheer dishonesty, barefaced hypocrisy' unmatched in Ghana's history – Opoku-Agyemang
23:02UE/R NDC comms. bureau suspends party activities to mourn Agorogo
10:17‘You can never be the one to choose your successor’ – Mahama tells Akufo-Addo, 'It's God who crowns kings'
03:192024 polls: 'EC struggling to defend credibility' – Opoku-Agyemang says
23:02Court discharges former PPA boss Adjenim Boateng
11:142024 polls: Akufo-Addo's driver, who donated office complex to NPP, elected party's La Dadekotopon candidate
01:32I won't ever say I was a mere driver’s mate' – Opoku-Agyemang says
23:02