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) and result in job losses.

He assured workers at the ECG that none of them will lose their jobs as a result of the privatisation of the state power distributor.

Read more: Millennium Challenge Compact won’t lead to ECG privatisation - Mahama

The Public Utilities Workers Union (PUWU) said the Millennium Challenge Corporation (MCC) compact will impact negatively on the Electricity Company of Ghana (ECG).

PUWU in September 2016, 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.

See also: Privatisation not the solution; gov't must pay ECG debts - NPP MP

But President Mahama addressing various labour unions at the Flagstaff House on Tuesday, November 15, 2016, said, "I’ve assured that the Millennium Compact will not lead to any job losses at ECG and I wish to restate that fact that there will be no job losses at ECG because of the Millennium Challenge Compact."

Earlier, an Accra High Court has dismissed an interlocutory injunction case filed against the government on its plans to privatize part of the operations of ECG.

See also: "I will not blame anyone for dumsor" - Mahama

The ruling delivered by Justice Norvice Aryene said the plaintiffs lacked the capacity to bring the case to the court. She further explained that the plaintiffs failed to demonstrate how they will affected personally by the move.

Read more: US gov't petitioned over ECG privatisation

A group known as the Coalition Against the Concession of ECG headed to court after they contended that the proposed plan by government is not in the best interest of the nation and must not be allowed to go through.