Ranking Member on Parliament's Economy and Development Committee, Kojo Oppong Nkrumah, has revealed that electricity tariffs in Ghana will now be reviewed every three months.
According to him, this policy is part of the government's broader strategy to ensure cost recovery within the energy sector.
Speaking at a press conference held by the Minority in Parliament on Thursday, March 13, Mr Oppong Nkrumah explained that the move aligns with efforts to stabilise the financial health of the country's power sector. "The adjustment of electricity tariffs every three months is meant to reflect changes in production costs, fuel prices, and exchange rate fluctuations," he stated.
He, however, raised concerns about the impact this policy will have on consumers, particularly businesses and households already struggling with the high cost of living. "While the government argues that this is necessary for sustainability, we must also consider how it affects ordinary Ghanaians.
