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    Home»Business»Digitization Has Increased ECG’s Revenue From GH¢1.2m Monthly From GH¢450m — Bawumia
    Business

    Digitization Has Increased ECG’s Revenue From GH¢1.2m Monthly From GH¢450m — Bawumia

    Insight NewsBy Insight NewsJuly 27, 2023No Comments2 Mins Read
    Asokwa Constituency Doesn't Belong To Anybody But Bawumia - Rev. Ofosu Nkrumah
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    The Electricity Company of Ghana‘s (ECG) monthly revenues have increased from GH450m to about GH1.2m as a result of Ghana’s economic transition to digitization.

    The vice president in charge of the digital revolution, Dr. Mahamudu Bawumia, claimed that the power supply company made GH450 million each month.

    For four years, this amount of GH450 million was repeated without variation.

    He claimed that the revenue mobilization for the passport office had significantly changed from GH1 million to GH64 million.

    This shows that government digitization efforts have lessened corruption.

    Speaking under the title “Moral Vision and National Development” at the National Development Conference, Dr. Bawumia claimed that the predicament compelled the government to send a team of experts to investigate the company’s revenue architecture.

    “In times past, it used to be easy to lie about your age and get away with it, particularly in the government sector. At the port, for instance, we have introduced the paperless system, and this came with resistance. Some of the customs officers organized demonstrations against the move, but we were firm on our stance. Today, at the offices of ECG, you can buy your credit without any challenges.

    “The challenges with ECG initially were that the revenues of ECG were constant and the values were the same. We looked at the architecture of revenue of ECG and we changed it. They were collecting GH¢450 million a month as revenue. We sent in a team to work on their system. There were sabotage attempts, such as people sending viruses into the system to destroy our work, but we were resilient and brought in a whole new architecture for ECG. Today, they make over 1 million cedis as revenues monthly. The same happened at the passport office, which was making 1 million cedis to over GH¢65 million,” he stated.

    He explained that the public sector has become more effective and there has been less corruption as a result of digitalization.

    Digitalization Dr Mahamudu Bawumia Dr. Bawumia ECG
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