Skip to main content

AGI calls for short-term plan to end energy crisis

The Association of Ghana Industries (AGI) is calling for a short-term, time-based action plan to reduce the energy deficit in order to resolve the current energy crisis.
The call follows the unprecedented negative growth in manufacturing in 2014.
Manufacturing recorded the worst growth rate in recent memory of negative 8.0% in 2014 as the sector continues to shrink.
The AGI fears that Ghana risks losing its industrial base if Government policies do not quickly address these challenges to revive the industrial sector.
This was in a communiqué issued by the National Council after a strategic workshop in Ada, where a critical look was taken at the impact of its advocacy efforts for industry.
The workshop examined some of the major barriers to private sector development in Ghana, particularly ensuring availability of power for industrial growth in 2015 and beyond.
The communiqué reminded Government of its promise to bring on board Emergency Power Barges to increase the generation capacity by the end of the first quarter of 2015.
The AGI is also calling for complete institutional reforms of the operations and management of entities responsible for the entire power sector.
The communiqué called on the Ministry of Energy and the Energy Commission to make available the Strategic National Energy Plan (SNEP) 2015-2030.
In addition, the five-year Energy Sector Strategic Development plan covering 2015-2020 should also be released for purposes of effective implementation and monitoring.
It asked Government to, as a matter of urgency, ensure full operation of the Tema Oil Refinery (TOR), considering its significant contribution to value-addition in the manufacturing sector.
In addition, TOR’s operation would ensure availability of Residual Fuel Oil for steam boilers of industry at competitive cost.
The communiqué said the high volume of imports would not inure to the growth of local industries and that AGI expected to see a programme to scale up local manufacturing through import substitution, where local raw material sources existed.
It called for extensive and effective stakeholder consultation prior to implementation of major policies and programmes.
“AGI is calling on all regulatory bodies and other institutions to avoid rushing the consultation processes leading to implementation of key policies that impact on businesses,” the communiqué said.
GNA: Credit


Popular posts from this blog

Deputy AG sues Facebooker over 'malicious' Ameri deal

The Deputy Attorney-General and Member of Parliament for Bolgatanga East, Mr Dominic Ayine has filed a defamation suit at an Accra High Court against a Facebook commentator, Evron Hughes.
In Mr Ayine’s statement of claim, sighted by Graphic Online, he accused Mr Hughes of defaming him in a post he authored and published on Facebook on December 21, 2015, titled “RE: AMERI TRANSACTION”.
According to the Deputy A-G, the “false and malicious” post has provoked “public disaffection” against him and exposed him to public ridicule and contempt.
Describing Mr Hughes as a “self-styled social media blogger and a social commentator”, Mr Ayine said the Facebook post had brought his hard-won reputation “as a respected politician, teacher and lawyer” into “hatred, ridicule, odium, discredit, contempt, opprobrium and reproach”.
The Deputy A-G said the “defamatory words” were authored with the sole intent to reduce him in the estimation of all right thinking Ghanaians, adding that he had received numerou…

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

Graphic Communication Group staffs petition GJA Election Dispute Adjudication Committee

Some staffs of the Graphic Communications Group have petition the Election Dispute Adjudication Committee of the Ghana Journalists Association (GJA) concerning their grievances covering issues affecting the association.
The staffs of the company seeks some clarification on the mandate of the current executives of the association.

Dear Sir,
We the undersigned write to place before you our grievances covering issues affecting the Ghana Journalist Association, and we hasten to add that our grievances are placed before you in furtherance of our constitutional duty under Article 11 (e) of the 2004 Constitution of the Ghana Journalists Association.
We first of all seek clarification on the mandate of the current executives of the Association to be in office and take decisions to affect the wellbeing and welfare of the Associ…