By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    From “trouble causer” to Archbishop: The radical transformation of Charles Agyinasare
    April 17, 2026
    Chalom Hights, Indomie empower girls in Ejisu with skills, mentorship through ElevateHer Programme
    April 16, 2026
    Mahama returns to Ghana after attending Republic of Congo presidential inauguration
    April 16, 2026
    Man arrested for allegedly stealing Police armoured vehicle at Nkawie
    April 16, 2026
    ‘Real miracles exist’ – Archbishop Agyinasare strongly defends Christianity
    April 16, 2026
  • Business
    BusinessShow More
    Suame Magazine spare parts dealers reject AI Import Valuation System, warn of 50-70% price increase
    April 16, 2026
    Ghana signs landmark PPP deal to produce 600,000 tons of tomatoes and end import dependency
    April 16, 2026
    KGL Group reaffirms commitment to tax compliance with GHS 153 million contribution to GRA
    April 16, 2026
    Transport operators laud gov’t for absorbing fuel prices, call for sustained relief
    April 16, 2026
    Major fault at Ghana Gas processing plant causes power outages 
    April 15, 2026
  • Politics
    PoliticsShow More
    Economic turnaround in Mahama’s second term “unprecedented” – Archbishop Dr Agyinasare
    April 16, 2026
    Veep arrives in Spain for the 4th High Level “In Defence of Democracy Initiative” Meeting
    April 16, 2026
    Access to justice still limited by cost, location and time – Chief Justice admits
    April 16, 2026
    Chief Justice calls for faster, more accessible justice at Supreme Court @150 Launch
    April 16, 2026
    High Court strips OSP of Prosecutorial Power, orders AG to take over all Prosecutions
    Attorney-General moves to take over OSP cases following High Court ruling
    April 16, 2026
  • Entertainment
    EntertainmentShow More
    Bola Ray, Santokh Singh, other top EIB officials turn up at GHOne TV Alumni Power Games
    April 11, 2026
    GHOne TV Alumni Power Games set for exciting showdown at El-Wak tomorrow
    April 10, 2026
    Mohammed Raii gifts Stonebwoy brand-new Land Cruiser in luxury show of support
    April 7, 2026
    Phil Thompson, Travis Greene, Moses Bliss, Sinach & more to headline Katon Praise 2026 at Accra Sports Stadium
    April 6, 2026
    Black Sheriff lacks musical identity – Ambullay
    April 3, 2026
  • Sports
    SportsShow More
    Lionel Messi buys Spanish Club Cornellá
    April 16, 2026
    We’ll use the World Cup to assess Carlos Queiroz – Mensah Krosby
    April 16, 2026
    Final remuneration of Black Stars coach Carlos Queiroz in discussion – Mensah Krosby
    April 16, 2026
    Barcelona crash out of Champions League despite win over Atletico Madrid
    April 15, 2026
    GFA appoints Carlos Queiroz as new Black Stars coach
    April 13, 2026
  • Technology
    TechnologyShow More
    Suame Magazine spare parts dealers reject AI Import Valuation System, warn of 50-70% price increase
    April 16, 2026
    Digital divide could become Africa’s next economic divide – Osman Ayariga warns at Continental Youth Symposium
    April 10, 2026
    Qualcomm unveils startup selection for 2026 mentorship program
    April 10, 2026
    Samsung Ghana announces new warranty extension
    April 3, 2026
    A New Era for Digital Trust: Sam George Leads Charge to Secure Mobile Money System
    April 2, 2026
  • International
    InternationalShow More
    Mahama returns to Ghana after attending Republic of Congo presidential inauguration
    April 16, 2026
    Lionel Messi buys Spanish Club Cornellá
    April 16, 2026
    Barcelona crash out of Champions League despite win over Atletico Madrid
    April 15, 2026
    Marginalised youth in Ghana are decision makers, not just beneficiaries – Osman Ayariga
    April 14, 2026
    U.S. Court approves extradition of Ex-MASLOC Boss Sedina Tamakloe to Ghana to face corruption charges
    April 13, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: ECG’s 225% tariff proposal threatens 24-hour economy agenda — Industry group warns
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessGeneralHeadlines

ECG’s 225% tariff proposal threatens 24-hour economy agenda — Industry group warns

Industry associations including FABAG, GUTA, and the Plastic Manufacturers Association have warned that the company’s inefficiencies and proposed 225% tariff hike threaten the success of the 24-hour economy.

Hamdia Mohammed By Hamdia Mohammed Published October 6, 2025
Share
SHARE

The Food and Beverages Association of Ghana (FABAG), the Plastic Manufacturers Association of Ghana, and the Ghana Union of Traders Association (GUTA) have jointly petitioned President John Dramani Mahama to order a comprehensive reform of the Electricity Company of Ghana (ECG) within 30 days, citing persistent inefficiencies and financial mismanagement.

The groups argue that ECG’s push for a 225% hike in its Distribution Service Charge (DSC1) from 2025 to 2030 is unjustifiable, especially when Auditor-General reports show that the company continues to record over 40% annual losses due to operational lapses and corruption.

At a press conference in Accra, Chairman of FABAG, Rev. John Awuni, warned that approving ECG’s proposed tariff increment would cripple local industries and derail the government’s flagship 24-hour economy agenda.

He stressed that reliable and affordable energy remains the cornerstone of industrial growth, adding that “power must be accessible to drive production, not a luxury item that only a few can afford.”

“Power is the foundation cause of production. So without affordable electricity and water, industrial take-off through the 24-hour economic agenda of the NDC government will fail.,” Rev. Awuni said.

It’s not just the power, as I said earlier, being available. The whole issue of the 24-hour economy that is being sold by the current government and all that hinges on power and water. So, if the power is available and industry cannot afford that power, or industry produces at a very high cost, nobody will buy.

And when nobody buys, demand is going to be low. When demand is low, there’s nobody that’s going to produce. Indeed, no business will keep operating 24 hours when nobody’s buying.”

He further likened the situation to denying the public access to basic necessities.

The associations are therefore calling on President Mahama to initiate an executive reform plan with measurable performance indicators, monitored by a presidential task force, to ensure efficiency and accountability within ECG.

According to them, a reformed, transparent, and efficient power sector is essential to sustain industrial productivity, attract investment, and ensure the success of the 24-hour economy policy.

Source: Starrfm.com.gh

You Might Also Like

From “trouble causer” to Archbishop: The radical transformation of Charles Agyinasare

Economic turnaround in Mahama’s second term “unprecedented” – Archbishop Dr Agyinasare

Chalom Hights, Indomie empower girls in Ejisu with skills, mentorship through ElevateHer Programme

Mahama returns to Ghana after attending Republic of Congo presidential inauguration

Man arrested for allegedly stealing Police armoured vehicle at Nkawie

TAGGED:225% tariff proposal24-hour EconomyecgGhana NewsIndustry playersMahama
Share This Article
Facebook Twitter Email Print
Share
Previous Article UN honours Ghana’s ASP Alison Atuluk for outstanding peacekeeping service in CAR
Next Article NPA CEO speaks on energy levy at Safety Week in Accra Galamsey: Ghana imported almost $11 million worth of water in 2023 – NPA CEO

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?