Electricity Tariff: NPP Gov't Has Decrease It 5%, Compare To NDC's 166% Increment - Bawumia
Vice President, Dr. Mahamudu Bawumia, has said opposition National Democratic
Congress (NDC) between 2013 and 2016 cumulatively increased electricity tariff
to 166 percent compare to 2017 to 2019 cumulative decrease of about 5 per cent.
According to the Vice President, in 2010 the average increase in electricity was 89 per cent; 2011 was 10 per cent; 2013 was 78 per cent; 2014 was 28.3 per cent; 2015 was 59.2 per cent.
Speaking at the launch of four initiatives by the Youth Employment Agency in Accra, Dr. Bawumia said earlier this year in July there was an increase in electricity prices of 11 per cent and in October of 5.6 per cent, adding, When you take the total cumulative increase on average, between 2017 and today you have a cumulative decrease of about 5 per cent.
He said “It is against that background that we said ‘this is not good for job creation’. If you want to create jobs you have to reduce the burden of electricity tariffs on our people. And this is why when we came in - and it had never been done before - that we reduced electricity prices for businesses by 30 per cent and for households by 17.5 per cent; average of around 22 per cent in 2018".
Vice President maintained that the Nana Akufo-Addo government had kept faith with Ghanaians and had for the first time in Ghana’s history, cumulatively reduced tariffs since assuming office on January 7, 2017.
The Vice President said “The NDC in their last four years increased tariffs by 166 per cent; increase. We have come down since we've been in government by about 5 per cent. So it is still ‘boot-for-charlie wote’ when you come to electricity tariffs.”
Source: Kofi Atakora/Joydaddymultimedia.com