Skip to main content

Former Deputy Energy Minister slams govt over utility tariff hikes

 


Former Deputy Energy Minister and Member of Parliament for Afigya Kwabre North, Collins Adomako-Mensah, has criticised the government following the recent announcement of increased electricity and water tariffs.

His reaction comes in the wake of the Public Utilities Regulatory Commission’s (PURC) announcement of a tariff hike, set to take effect on May 3, 2025. The adjustment, part of PURC’s quarterly review process, is aimed at ensuring revenue stability for utility providers while seeking to minimise the financial burden on consumers.

Under the new rates, electricity tariffs will go up by an average of 14.75%, while water tariffs will rise by 4.02%.

Speaking on Channel One Newsroom with Umaru Sanda Amadu, Adomako-Mensah expressed disappointment and surprise over the development, pointing to promises made by the ruling government during the 2024 election campaign.

I’m a little bit surprised about the announcement because of the rhetoric prior to the 2024 election,” he said.

He cited statements made by President John Dramani Mahama and National Democratic Congress (NDC) Chairman, Johnson Asiedu Nketia, suggesting that electricity tariffs would be reduced as part of their commitment to supporting the proposed 24-hour economy.

If you recall, this issue became topical when political figures made some pronouncements to the effect that they would rather try as much as possible to reduce electricity tariffs, especially with the 24-hour economy mantra.

“If you recall, I listened to the president and the National Chairman of the NDC, Johnson Asiedu Nketia, while campaigning [in 2024]; they indicated that one of the features of the 24-hour economy is to have electricity tariffs reduced for companies that will opt for the 24-hour economy. That is where the surprise is coming from,” Adomako-Mensah explained.

Despite his criticism, he acknowledged the financial challenges facing the PURC, particularly the issue of purchasing power in U.S. dollars while selling it to consumers in Ghana cedis.

Comments

Popular posts from this blog

UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities

 In a significant boost to UK-Ghana trade and investment relations, the UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre, a practical market-access platform designed to help businesses identify opportunities, navigate export requirements and build commercial partnerships between Ghana and the United Kingdom. The UK and Ghana enjoy strong trade relations, with total bilateral trade reaching approximately £1.6 billion in the year to Q1 2026. Yet, despite this progress, significant untapped opportunities remain for businesses in both countries. The Trade Resource Centre has been established to help bridge information gaps, connect businesses with the right partners, and support firms to take greater advantage of opportunities under the UK-Ghana Trade Partnership Agreement. The launch formed one of the major outcomes of the UK-Ghana Trade & Investment Summit 2026,...

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...