Explore options to refine procurement processes and cut costs – Afenyo-Markin tells ECG mgt

The new Board Chairman of the Electricity Committee of Ghana (ECG) Alexander Afenyo-Markin has told the management of the ECG to refine its procurement process.

This, he believes will ensure that the company makes enough savings.

In a speech during his swearing-in ceremony, the Majority Leader said “Let us explore options to refine our procurement processes and cut costs. By reinvesting these savings into better services and infrastructure, we can create a virtuous cycle of efficiency and growth.”

In addition, he called on the management to embrace innovative financing instruments like green bonds.

This will not only support infrastructural upgrades but also align with global sustainability trends, securing a greener future for Ghana, he said.

“Investing in our workforce is essential. By providing comprehensive training programmes and a performance-based rewards system, we can boost employee morale and productivity. And by enhancing safety standards, we can reduce workplace incidents and create a culture of excellence.

“Finally, let us prioritise regulatory compliance and transparency. By fortifying our compliance office and developing mechanisms for regular public reporting, we can enhance trust and accountability,” the Effutu lawmaker added.