Audio By Carbonatix
The Executive Director of the Institute for Energy Policies and Research, Kwadwo Nsafoah Poku, says Ghanaians are already subsidising the Ghana Water Company Limited (GWCL).
Speaking on Joy News’ PM Express on September 9, he revealed that the cost of producing water far outweighs the price consumers are paying.
“Ghana Water Company today, I looked through their presentation and they are producing water far expensive than what we are paying for per cubic. So that means Ghana, we are actually subsidising water,” he said.
Mr. Poku made the comment in reaction to GWCL’s request to the Public Utilities Regulatory Commission (PURC) for a 280% upward adjustment in tariffs.
The company attributed the demand to the devastating effects of illegal mining and pollution of water bodies.
According to him, GWCL’s situation differs from that of the Electricity Company of Ghana (ECG), which is also seeking a 225 per cent increase in its Distribution Service Charge.
“Because they have different problems, ECG distributes the electricity; they don’t collect the money. Ghana Water distributes the water, but the cost of producing the water they distribute is very expensive. So that’s the dichotomy between the two of them.”
He cautioned that approving the proposals solely from a business standpoint risks imposing unbearable costs on consumers.
“But the point I want to make is that if you treat it as a business, as we businessmen do, then you’ll be inclined to go line by line and approve it. But the problem you would have is that the person who bears the brunt of it is the consumer who can’t afford it.”
For Mr. Poku, the country’s utilities present a paradox.
“So that’s where I have always said that in Ghana now, one plus one is not equal to two, because all these things though justified…” he noted, warning that passing costs on without considering affordability could worsen the plight of consumers.
Latest Stories
-
Gov’t to extradite foreign national who secretly filmed Ghanaian women to face prosecution – Sam George
34 minutes -
U20 WWC: Black Princesses to play Uganda in final round of qualifiers
40 minutes -
‘I will never forget you’ – Kennedy Agyapong thanks supporters, NPP delegates after primaries
2 hours -
Woman found dead in boyfriend’s room at Somanya
4 hours -
Woman feared dead after being swept away in Nima drain amid heavy rain
4 hours -
Court grants GH¢10k bail to trader who posed as soldier at 37 Military Hospital
4 hours -
Tano North MP secures funding to reconstruct decades-old Yamfo Market
4 hours -
Haruna Iddrisu discharged after road traffic accident
5 hours -
Kenyans drop flowers for Valentine’s bouquets of cash. Not everyone is impressed
5 hours -
Human trafficking and cyber fraud syndicate busted at Pokuase
5 hours -
Photos: First Lady attends African First Ladies for Development meeting in Ethiopia
5 hours -
2026 U20 WWCQ: Black Princesses beat South Africa to make final round
6 hours -
World Para Athletics: UAE Ambassador applauds Ghana for medal-winning feat
7 hours -
Photos: Ghana’s path to AU Chairmanship begins with Vice Chair election
7 hours -
Chinese business leader Xu Ningquan champions lawful investment and deeper Ghana–China trade ties
7 hours
