FABAG pushes for tariff suspension over ECG audit scandal

Story By Williams Agyapong On November 2, 2025, 12:03 PM

The Food and Beverages Association of Ghana (FABAG) is calling for the immediate suspension of all electricity tariff adjustments following alarming revelations by Parliament’s Public Accounts Committee (PAC) about widespread financial mismanagement and inefficiencies within the Electricity Company of Ghana (ECG).

FABAG argues that the PAC’s findings, which expose ECG’s failure to properly account for public funds, its engagement in unapproved expenditures, and its weak internal controls confirm their long-held concerns.

According to the Association, ECG’s persistent financial troubles stem not from inadequate tariffs, but from poor financial management and major revenue leakages.

“It is unreasonable to demand higher electricity tariffs from consumers and businesses when ECG continues to lose money through waste, mismanagement, and weak governance,” the Association stated.

FABAG is therefore urging the government and key regulatory bodies to focus on accountability and efficiency before imposing additional costs on consumers.

The Association is calling on the Ministry of Energy and the Energy Commission to conduct immediate performance audits and enforce strict accountability measures within ECG.

It also wants the Public Utilities Regulatory Commission (PURC) to suspend all ongoing tariff review processes and to adopt an “efficiency-first” approach, ensuring that any future tariff adjustments are tied directly to measurable performance improvements.

In addition, FABAG is urging ECG’s management to publish a clear roadmap outlining cost-cutting initiatives, strategies to reduce losses, and reforms aimed at improving financial discipline.

The Association noted that transparency and efficiency are essential for a sustainable power sector, insisting that Ghanaians deserve reliable electricity at fair prices.

FABAG has also extended an open invitation to ECG for a public debate on the matter, reaffirming its commitment to promoting accountability and reform in Ghana’s energy sector.