Pulse.com.gh logo

Fed up Industry to stop paying bills for Ghanaians- AGI

" the policy of charging industries more for power in order to subsidize residential customers must be stopped."

  • Published:
AGI president, James Asare-Adjei play

AGI president, James Asare-Adjei

The Association of Ghana Industries (AGI)  is calling for a suspension of the energy pricing arrangement that requires industries to pay more for energy.

Under this pricing system, industries are made to pay for power than domestic customers in order to subsidize the prices of electricity supply for households.

In an exclusive interview with pulse.com.gh, president of AGI, James Asare-Adjei    said " the policy of charging industries more for power in order to subsidize residential customers must be stopped. We feel it is not helping."

The AGi president also emphasized that government's aim must be to reduce the burden on  industries in order to boost the manufacturing sector.

" The arrangement is making Ghanaian industries uncompetitive because energy is key in our production. The ministry must change this policy" he  stressed.

AGI released their Business Barometer Report for the second quarter of 2015, in which businesses in Ghana identified energy supply and the cost of energy as the second most challenging constraint to their business operations.  Energy also ranked high on their list in the past three consecutive Business Barometer reports.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Banking Crises Joe Jackson urges BoG to ‘rate’ banks to restore confidencebullet
3 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
4 Duncan Amoah Fuel prices up by 2%; COPEC calls for dialogue on pricingbullet
5 Tax Policy Gov't weighs in on controversial MoMo taxbullet
6 Unibank Collapse Shareholders of uniBank unhappy with leaked...bullet
7 Banking In Ghana Stranded customers of First Allied Savings...bullet
8 How to create a verified PayPal account Learn how to...bullet
9 UT Banks Collapse “I’m saddened by the turn of events” –...bullet
10 Education Top 5 private high schools in Ghana...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Former Capital Bank staff grills pork for survivalbullet
3 Support Finance minister buys Kantanka carbullet
4 Plane Crash Starbow suspends operations following plane crashbullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Money Alert Meet Africa's richest womanbullet
7 New Discovery Ghana discovers new mineral, lithium in...bullet
8 Bozoma Saint John 10 quotes from Uber top official,...bullet