But President Mahama in a tweet said "The Millennium Challenge Compact will not lead to the privatisation of ECG. ECG will remain a 100% state owned enterprise."
President John Mahama has downplayed assertions by the Public Utilities Workers Union (PUWU) that the Millennium Challenge Corporation (MCC) compact will impact negatively on the Electricity Company of Ghana (ECG).
PUWU went on strike for two days in protest against the compact, calling on government to review the compact which seeks to cede ECG to private investors for a period of 25 years.
PUWU also urged government to rescind its decision to sign onto the compact.
The government is set to lease ECG to a private company for 25 years as part of the second compact of the Millennium Challenge Account signed by the Government in August 2014.
The concession has comes under intense opposition from ECG workers and the Trades Union Congress.
In a circular issued on Thursday last week after a meeting, PUWU said: “All staff across ECG’s operational areas are to report to work but no official duties will be carried out today 2 September 2016.'
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