Energy Crisis in Ghana: IES Calls for Government to Provide Public with Power Outage Timetable Dumsor
Opinion

Energy Crisis in Ghana: IES Calls for Government to Provide Public with Power Outage Timetable

The Institute for Energy Security (IES) has urged the government, through the Electricity Company of Ghana (ECG), to provide the public with a timetable for the ongoing power outages affecting the country. This appeal comes amidst the government’s reluctance to acknowledge the existence of a power crisis in the nation. Many parts of Accra and other regions have been grappling with prolonged power outages, with little to no advance notice from ECG or GridCo. Addressing the issue on the Morning Starr show with Francis Abban monitored by Apexnewsgh, the Executive Director of IES Nana Amusi,, emphasized the importance of the government creating a timetable for power outages to assist citizens in planning their daily activities and businesses. Mr. Amusi noted, “It is just fair and common sense to think the same that you [the government] give a table out so that people can plan their lives and guide people as to when to expect power and when not to expect power.” He added that it has been a routine practice for authorities to provide a schedule during power outages. Furthermore, the IES Executive Director criticized ECG and NEDCo for their failure to release a timetable, attributing this to the government’s claims of resolving the power crisis. According to Amusi, GridCo has not provided explanations for the insufficient power supply, and ECG and NEDCo are hesitant to issue a timetable due to the government’s assertion that the “dumsor” issue has been resolved. The IES’s call for transparency and public communication regarding the power crisis highlights the urgency of the situation. It emphasizes the need for proactive measures and clear communication from the government and utility companies to assist citizens in managing the impact of the ongoing power outages. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0256336062.

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We believe gov’t is being insensitive to the plight of the ordinary Ghanaian–IES
Opinion

We believe gov’t is being insensitive to the plight of the ordinary Ghanaian–IES

“We believe that the government at this moment is being insensitive to the plight of the ordinary Ghanaian stemming from the way the price of fuel is running at the pump”. The Institute of Energy Security (IES) said. According to the IES, I don’t care attitude on the part of the government to provide some relief to the ordinary Ghanaian in the wake of the fuel price hikes is irritating. This is according to a Research Analyst at IES, Derek Xatse on CTV monitored by Apexnewsgh.com on Wednesday, March 16, 2022. “It is in these times of distress that we count on the government to intervene and not give excuses for the Russian-Ukraine war,” he said. “We are not in ordinary times which calls for bold steps on the part of the government for the ordinary person to get some sort of benefits,” he stressed. Mr. Derek Xatse said, further increment in the cost of petrol will directly affect the standard of living, the cost of living, transport fares, prices of goods and services because the economy is driven by fuel price. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: +2335555568093

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Withdraw ‘insensitive’ increased levies on margins of petroleum products – IES to gov’t
Business

Withdraw ‘insensitive’ increased levies on margins of petroleum products – IES to gov’t

The Institute for Energy Security (IES) has asked government and the National Petroleum Authority (NPA) to immediately withdraw the increased levies on in some margins in the Price Build-Up (PUB) of petroleum products. The amended margins include the BOST Margin, the Primary Distribution Margin (PDM), Fuel Marking Margin (FMM) and the Unified Petroleum Price Fund (UPPF) Margin. A statement issued by IES and signed by Research Analyst, Fritz Moses on 30 April 2021 indicated that the new increases are expected to take effect from today, 1 May 2021. “The amended margins were made available to the various Petroleum Service Providers (PSPs) on the 29th of April 2021, at the end of the April Second Pricing Window,” the statement further noted. The IES explained that “for the UPPF Margin, an addition of GHp30.00 per litre has been added on all products except for the Premix Fuel including an addition of GHp30.00 per kilograms on LPG. The PDM also saw an addition of GHp30.00 per litre of Petrol, Diesel and Kerosene. For the MM, a new addition of GHp50.00 was added on all their products. The BOST Margin, was increased by 100% from GHp6.00 to GHp12.00. This comes on the back of the introduction of the Sanitation and Pollution Levy (SPL) of 20 pesewas per litre of product and the addition of 10 pesewas on the Energy Sector Recovery Levy (ESRL)”. According to the statement, “the IES finds these new amendments in the various Margins as nuisance and insensitive to the Ghanaian consumer’s needs especially as the impact of the pandemic is still with majority of citizens. Already, the consumer is burdened with several taxes which, loss of employment and a reduction in salaries, all as a result of the pandemic. It will not be appropriate for government to burden Ghanaians the more with these new margins”. The statement continued: “IES finds no justification for the increases in these Margins. The BOST Margin and the PDM goes to BOST yet, BOST has not been able to even properly justify the GHp3.00 per litre increase given it last year. The company is still the same as it was the year before and nothing has changed. “This action by government, through the National Petroleum Authority can only be insensitive and inconsiderate looking at the times we are in”. “Increases in levies, taxes and margins is one of the key reasons why Oil Marketing Companies (OMCs) decide to evade them the more and rather smuggle their products just to maximize their market share. This eventually leaves the very few tax compliant OMCs to suffer,” the statement further added. Classfm Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

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