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November 27th , 2024

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PARLIAMENT GIVES ECG GH8.5 MILLION.

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Part of the debt owed by Parliament to the Ghanaian Electricity Company has been paid (ECG).


After paying GH 8.5 million of the GH 13 million owing to the ECG to keep it connected to the national grid, this was the case.




Once the ECG's Revenue Mobilization Taskforce visited the House yesterday, the partial payment was paid.


After negotiations with the task force, administrative staff at the Parliament House made the payment using the bank authorized by ECG.


The payment to Parliament was made in two installments: GH$ 3.5 million was made electronically by check, and GH$ 5 million was to be made through the GIFMIS system of the Ministry of Finance.


The debt being recovered will be remitted to the authorized payment portals as the task force instructed, according to Laila Abubakari, ECG's external communications manager.

"Because we do not accept cash, everyone making a payment must do it via an electronic method or a bank.


True, she responded, "Parliament made part payment, issuing a check for GH3.5 million with an additional GH5 million to be paid by the Finance Ministry through the GIFMIS platform, thus in all, an amount of GH8.5 million was paid.


Reconciliation

In response to the event, a source close to Parliament claimed that it has requested a reassessment of the bill for appropriate reconciliation.


"We are requesting that the bill submitted in the name of Parliament be reviewed since it appears to be for the whole Parliament enclave, which appears to encompass additional units and even individual residences inside the enclave.



The precise bill in the establishment's name will be revealed after it is completed, a source close to Parliament told the Daily Graphic.


Airport Service

The Ghana Airport Company Limited (GACL), in a related development, has also paid GH$10 million of its GH$28 million in arrears.

The GACL and a payment schedule to pay the final GH18 million in two weeks have also been reached.


The task force will continue its process, according to Ms. Abubakari, and clients who had unpaid invoices would be offered the chance to accept payment plans to clear their debt.


Exercise

The ECG started a national revenue mobilization effort Wednesday to collect all outstanding invoices totaling GH5.7 billion from its clients.

The effort, which will last a month, targets consumers at home, as well as companies, organizations, government ministries, departments, and state agencies for electricity used between February of this year and February of 2022.


The ECG said last week that from March 20 to April 20, 2023, it will begin a revenue mobilization effort to recover all debts owing by all customer categories, including state-owned firms (SOEs).



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