The
Association of Ghana Industries (AGI) has reiterated calls for the removal of
subsidy on residential consumers of electricity being borne by industry.
President
of AGI, James Asare-Adjei, says industry is no longer in the position to
subsidize residential consumers in the payment of electricity tariffs.
“We
need a drastic action on this in order not to disadvantage industry players,”
he stated.
Unreliable
power supply has been one of the major challenges to businesses in recent
times.
Mr.
Asare-Adjei acknowledged the significant improvement in energy supply to
Ghanaian businesses.
He
however said “the improvement in the energy supply has brought in its wake the
high and unbearable electricity tariff to industries in particular and
businesses in general”.
Residential
consumers pay 60 percent of power cost, whilst the government and industry pay
the remaining 40 percent.
By
Kofi Adu Domfeh
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