
Audio By Carbonatix
Government will in the next five years invest a total of GH¢ 2 billion in the production of electricity in the country.This is geared towards improving the quality of services in the production and supply of electricity across the country.This was revealed by Energy Minister Joe Oteng Adjei at a press briefing in Accra on Tuesday.Asked where the government will raise the amount, the minister said with the goodwill the government is currently enjoying, it should be possible to raise such an amount over the five year period.The minister hinted a reduction in government subsidy on electricity tariffs consumption in the country.According to the Public Utility Regulatory Commission government currently spends GH¢1.52 million per month in subsidising electricity in the country, a phenomenon he said does not augur well for the country.He said electricity consumers must be prepared to pay more for every unit of electricity consumed in exchange for quality service delivery across the country.The Electricity Company of Ghana and the Volta River Authority are to benefit GH¢ 1 billion each from the proposed investment.Meanwhile, officials of the Electricity of Ghana have attributed a trip in the generation units at Akosombo for the total black-out that engulfed residents in Accra and Tema.Story by Nathan Gadugah/Myjoyonline.com
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GIS to unveil comprehensive plans to enhance officers’ welfare and infrastructure
11 minutes -
Right move, wrong timing? – COMAC CEO questions govt’s delay on fuel price relief
13 minutes -
IMF urges Central Banks to keep inflation in check
36 minutes -
NRSA stands firm on Toyota Voxy ban despite transport operators’ opposition
38 minutes -
H. Kwasi Prempeh raises concerns over Supreme Court’s handling of OSP constitutionality case
46 minutes -
Global childhood cancer cases soar
46 minutes -
Airline pilots fear retribution over refusing to fly in Middle East, aviators’ group says
47 minutes -
Police intensify security in Bosomtwe communities after deadly clash
55 minutes -
Corporate Income Tax contributes highest to 2025 petroleum revenue
57 minutes -
Ghana less exposed to global oil disruptions — Fitch
60 minutes -
Property rates: Stakeholders advocate digitisation, transparency, …
1 hour -
Police officer killed in road crash at Atortorkorpe in Ada
1 hour -
EKMA begins dredging major storm drains ahead of peak rainy season
1 hour -
US has let in 4,499 refugees since October – all but three were South African
1 hour -
Child Protection Units to be part of MMDA Performance Assessment
1 hour