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
    AngloGold Ashanti to participate at AMPF – MiM 2026 as a Platinum Sponsor
    August 29, 2026
    Education remains our priority – Amin Adam as Anta Fund supports 200 tertiary students
    August 29, 2026
    EIB Network’s Murtala Inusah adjudged Overall Best Court Correspondent at 2026 JUSAG Media Awards
    August 29, 2026
    Okai Mintah storms Winneba, declares Effutu winnable for NDC
    August 29, 2026
    Naa Koryoo Okunor launches KIRCAP to connect Kasoa businesses to global capital
    August 28, 2026
  • Business
    BusinessShow More
    UMB makes history as first bank in Ghana approved by BoG, SEC to offer virtual accounts
    August 29, 2026
    Naa Koryoo Okunor launches KIRCAP to connect Kasoa businesses to global capital
    August 28, 2026
    Zoomlion intensifies post-flood disinfection exercise across Oti Region
    August 28, 2026
    QNET appeals to pastors and religious organisations to warn members against job, travel and human trafficking scams
    August 27, 2026
    SIC Insurance PLC approves GH¢20 million dividend at 19th AGM
    August 27, 2026
  • Politics
    PoliticsShow More
    Okai Mintah storms Winneba, declares Effutu winnable for NDC
    August 29, 2026
    Naa Koryoo Okunor launches KIRCAP to connect Kasoa businesses to global capital
    August 28, 2026
    Ghana losing out by choosing party loyalists over competent professionals – Adomako Kissi
    August 28, 2026
    A “Lawyer’s Lawyer” Ought to Know Better: A Reply to Beatrice Annan’s Ill-Informed Mockery of Afenyo-Markin’s Defamation Writ
    August 28, 2026
    Dzifa Tegah commissions 10 mechanised boreholes at to address water crisis in Vume
    August 28, 2026
  • Entertainment
    EntertainmentShow More
    Agyemang Duah wins Mr. Model Africa 2026
    August 17, 2026
    Ghana Music Awards organisers abroad should invest in promoting Ghanaian music globally – Austin Woode
    August 15, 2026
    Diaspora-based Ghana Music Awards must go beyond one-night ceremonies to impact industry – Austin Woode
    August 15, 2026
    Austin Woode calls for government to bring Ghana Music Awards organisers abroad under one umbrella
    August 15, 2026
    WatsUp TV partners Stonebwoy for BHIM Festival 2026 in London
    August 13, 2026
  • Sports
    SportsShow More
    DKFC leadership pays courtesy call on Sports Minister Kofi Adams
    August 27, 2026
    From Promise to Podium: NSA-RMPC Charts a Bold New Future for Ghana Sports
    August 25, 2026
    Resetting Ghana Sports: Why Ghanaians Must Back the Samon Deen-Led NSA – RMPC
    August 25, 2026
    Ghana Police arrest former Boxer, Ayitey Powers over alleged death threat against NSA Boss
    August 25, 2026
    GFA announces GH¢9.5m package for new Ghana Premier League season
    August 21, 2026
  • Technology
    TechnologyShow More
    Samsung Galaxy S26 FE Delivering Latest Flagship AI, Camera Experiences
    August 27, 2026
    YEA CEO urges youth to avoid recording private sexual activities amid rise in leaked videos
    August 20, 2026
    Here’s Why Samsung Galaxy Z Fold8 Is Perfect Device for Your Favourite Content – Pre-Order Today!
    August 18, 2026
    Nearly 1,000 scam numbers linked to fake Google profiles targeting Ghana food chains – TrustGH
    August 17, 2026
    NYA CEO urges youth to use social media for positive change, not violence
    August 12, 2026
  • International
    InternationalShow More
    Ethiopia to host 2nd African Political Parties Summit on Africa’s economic transformation
    August 26, 2026
    After USAID’s demise, young Africans rethink dependence on foreign assistance
    August 21, 2026
    Ghana Music Awards organisers abroad should invest in promoting Ghanaian music globally – Austin Woode
    August 15, 2026
    Diaspora-based Ghana Music Awards must go beyond one-night ceremonies to impact industry – Austin Woode
    August 15, 2026
    Austin Woode calls for government to bring Ghana Music Awards organisers abroad under one umbrella
    August 15, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Separating Power from Petroleum ministry wise – Jinapor to Akufo-Addo
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.
BusinessHeadlines

Separating Power from Petroleum ministry wise – Jinapor to Akufo-Addo

Starrfm.com.gh By Starrfm.com.gh Published January 12, 2017
Share
SHARE

Former deputy minister of power, John Jinapor, has rubbished President Nana Akufo-Addo’s description of the separation of the petroleum ministry from power by the previous government as senseless.

Announcing the merger of the two ministries under the ministry of energy at the Jubilee House Tuesday, Akufo-Addo said: “In my view the separation doesn’t make sense, so we can have one person at the top of all the various institutions to have a bird’s eye view to ensure the efficiency and the development that we want.”

He had since nominated Boakye Agyarko as the minister-designate to head the Energy Ministry.

But speaking Thursday in an interview with Starr News’ Naa Dedei Tettey, Mr. Jinapor repudiated the president’s claim, clarifying that the separation was “…a very wise decision” that  former president John Mahama took and that “the results are there.”

“At the end of the day the most important thing is the results and the end justifies the means and clearly everybody can tell that look there is a remarkable improvement in the power sector,” he added.

Nonetheless, continued Mr. Jinapor, if president Akufo-Addo believes that combining the two is what will ensure that he achieves his target “fair enough.”

“Let’s give him the benefit of the doubt and let posterity judge us…and let’s see how it goes,” he stated.

Former deputy power minister, John Jinapor

Citing stability in the power sector, Mr. Jinapor tasked the Akufo-Addo-led administration to uphold its promise to reduce electricity tariffs during electioneering last month.

The cost of power remains a major concern for domestic users and business operators.

Akufo-Addo in the run up to last year’s presidential and parliamentary polls promised reprieve for power consumers, describing tariff increment under the previous government as “insensitive.”

Explaining the previous government’s decision behind the increment, Mr. Jinapor said: “We thought that there were two options—either you pretend to subsidize and not have the power available or charge some amount of realistic tariff and make the power available.”

“But our brothers on the other side – that is the NPP made a lot of noise about it. In fact, they stated that the taxes were obnoxious; stated that the levies were unwarranted and that when they come to power they’ll scrap them immediately,” he recounted.

Fortunately, he said: “They have the power. The taxes alone constitute 10% of the tariff. The VAT component which is paid by commercial users…is about 17% or 15% and so for businesses that is about 27% of the power you buy.

“So if you have a reprieve of 27% that is significant. Let me also be frank with you it is not that easy but they say they would do it. They have indicated that they’ll cut waste and they’ll reduce the tariffs. They have the power. Let’s wish them well and hope that they’ll be able to deliver their promises.”

 

 

You Might Also Like

UMB makes history as first bank in Ghana approved by BoG, SEC to offer virtual accounts

EIB Network’s Murtala Inusah adjudged Overall Best Court Correspondent at 2026 JUSAG Media Awards

Naa Koryoo Okunor launches KIRCAP to connect Kasoa businesses to global capital

Ghana must treat maternal mortality as national emergency – Akosua Manu

Ghana losing out by choosing party loyalists over competent professionals – Adomako Kissi

TAGGED:Akufo-AddoJohn Jinapor
Share This Article
Facebook Twitter Email Print
Share
Previous Article Spy chief Clapper ‘denounced’ claims – Trump
Next Article Storm Energy to reward EPL fans

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?