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GACL settles GH¢10m out of GH¢28m owed ECG; balance to be paid in 2-weeks
The Ghana Airports Company Limited (GACL) has paid GH¢10 million out of the GH¢28 million owed to the Electricity Company of Ghana (ECG) to prevent a disconnection from the national grid.
The institution has also promised to pay the GH¢18 million outstanding two weeks from today.
According to JoyNews’ James Avedzi, the payment was made on Monday, March 20, 2023 following a visit by ECG’s revenue mobilisation taskforce to the House.
Earlier, the taskforce also compelled Parliament to make part payment of its indebtedness to the ECG.
The august house paid GH¢8.5 million out of GH¢13 million owed the power distributor to avert disconnection.
The ECG has commenced a series of activities in a bid to recover over GH¢5 billion of debt owed by both private and state institutions.
The exercise began on Monday March 20, 2023, after ECG announced the closure of its main offices except customer support departments, in order to embark on a one-month-long exercise.
All ECG staff, from top management to junior officers, will be used to retrieve all the monies owed the company.
As a result, the Managing Director of ECG, Mr Samuel Dubik Mahama has toured all the operational regions of ECG to sensitise the staff on how to go about the mobilisation of the revenue.
Mr Mahama said they should respect the customer at all times.
He also reminded the staff that ECG is a business and not a charity, thus they must all start behaving as business-minded people.
It is expected that at the end of the exercise, 100% of the debt owed ECG would be recovered.
The government is set to lay before Parliament today, November 21, a Constitutional Instrument (C.I) seeking to restrict the importation of selected strategic products into the country.
The items, numbering over 20, will include rice, tripe (popularly called “yemuadie” in Ghana), and diapers.
The government said the move is part of efforts to enhance local production.
Speaking during a press briefing in Parliament, the Minister of Trade and Industry, K.T Hammond said, “Stomach of animals, bladder and the chunk of intestines (yemuadie), the country had had to put in an amount of about $164 million towards the importation of these items. We are taking steps to ensure that in terms of rice, there’s no poverty of rice in the country.”
He emphasized, “By these restrictions, we are not going to ensure that there’s no food in the country at all; that is not the point at all. There have to be some efforts by the government to ensure that we go back to Acheampong’s operation feed yourself. There are about 22 items on the list, one of them, I think, is diapers.”
He announced the introduction of the Ghana Standards Authority Regulations 2023, which also seeks to streamline the manufacturing of cement to ensure competitive pricing.
Vice President Dr. Mahamudu Bawumia says former President John Dramani Mahama does not understand the 24-hour economy policy he is proposing.
According to the Vice President, that policy is already being implemented in the country, as hospitals, fuel companies, among others, operate a 24-hour system.
Dr. Bawumia, therefore, urged Ghanaians to ignore Mahama during the 2024 polls since he has nothing new to offer and vote for the New Patriotic Party.
“John Mahama says he has a new idea. What is the idea? He says he wants a 24-hour economy. He doesn’t even understand that policy. Today in Ghana, our hospitals work 24 hours, our electricity company works 24 hours, our water company works 24 hours, our fuel stations work 24 hours, and many chop bars work 24 hours. Today because of digitalisation, you can transfer money 24 hours, you can receive money 24 hours… So he doesn’t understand his own policy. It doesn’t make sense.”
“So I want you to vote for me in 2024 because I will bring a new vision, I will bring a new policy. Mahama is the past, Dr Bawumia is the future. If John Mahama was there, we would say we have a dumsor economy, you can’t have a 24-hour economy in dumsor. So, you want to vote for Dr Bawumia in 2024, we will take the country to new heights,” Dr Bawumia stated.
The Speaker of Parliament, Alban Bagbin, has accused the International Monetary Fund (IMF) of pressuring the House to pass a number of bills under a certificate of urgency.
Mr. Bagbin cited bills such as the Affirmative Action Bill, which is allegedly being pushed by the IMF as part of the conditionality for the balance of the $3 billion credit facility for Ghana.
Speaking at the Speaker’s Breakfast Meeting on Monday, Alban Bagbin insisted that the House will not be coerced by the IMF to pass the bill.
“Even in this budget, you can see the arm of the IMF in a lot of provisions in the budget. A critical bill like the Affirmative Action Gender Equality Bill has come to Parliament under a certificate of urgency. Please, it won’t happen; we won’t pass it under a certificate of urgency.”
“There are critical stakeholders we must consult and make sure we go together. We will not be dictated by the IMF; that one, you can be assured. This is a very critical bill that the IMF should know that we need the buy-in of the stakeholders to be able to implement it,” Alban Bagbin said.
The Affirmative Action Bill, when passed into law, would seek to expunge the historically low representation of women in decision-making spaces and promote democracy and development through all-inclusive participation.
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