Audio By Carbonatix
The Chairman of the Public Utilities Regulatory Commission, Mr. Kwame Pianim has tendered in his resignation.
Mr. Pianim is said to have delivered the resignation letter to the Castle, Osu, last week whiles President Kufuor was away in Lisbon attending an EU-Africa summit.
Joy News sources say the decision is linked to the recent review of the structure for electricity tariffs by government, explaining that even though there could be other reasons for Mr. Pianim’s resignation, the government’s announcement was the last straw.
Before the announcement, households that consumed less than 50 units of electricity paid considerably less than average consumers. Under the revised structure however, the lifeline category for consumers was expanded to cover consumption below 150 units.
The decision according to government is to mitigate the impact of the recent hikes in electricity tariffs on a wider section of the population, effectively a tariff adjustment.
But it is contrary to the long held stance of the PURC Chairman, of steady adjustment in prices to reflect economic rates. This is the second time that government action has nullified a PURC announcement on utility tariff increases.
Last year government absorbed increases announced by the PURC, prompting complaints from the Chairman that low tariffs will discourage private sector participation in the energy sector.
It is unclear if President Kufuor who just returned from the EU-Africa Summit will accept Mr Pianim’s resignation.
Mr. Pianim himself declined to comment when Joy News reached him on the matter.
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
-
Ghana housing finance conference adopts communiqué to improve affordable housing access
1 hour -
Special Initiatives Minister urges Wa Technical Institute to enrol more girls as EU-backed solar training lab opens
2 hours -
In the matter of my first year at the Bar
2 hours -
ActionAid Ghana calls for an end to child marriage, greater investment in girls’ rights
2 hours -
Newsfile to tackle World Cup visa scandal, beach demolitions, education strikes, BRICS bid
2 hours -
UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities
3 hours -
Embassy of Denmark celebrates World Maritime Day
3 hours -
Linking LEAP to productive inclusion could cut extreme poverty by 2030 – UNICEF
4 hours -
Trade Ministry backs use of creative arts to rehabilitate prison inmates
4 hours -
Negotiations with government to continue despite strike suspension – GNAT
4 hours -
‘Ghana cannot afford to waste public resources; every cedi has a job’ – Ato Forson
4 hours -
Ghana expects economic boost as World Assemblies of God Congress brings 10,000 delegates to Accra
4 hours -
Joy in Nayilifong as Farouk Aliu Mahama donates 100kVA transformer to improve power supply
5 hours -
Chief Justice urges employers to tackle mental health stigma in workplaces
5 hours -
Analysis: Ghana’s yellow fever numbers reveal a gap between vaccination and protection
6 hours