Afenyo-Markin urges government to fix ECG, probe alleged GoldBod losses, halt overburdening state institutions
Mr Alexander Kwamena Afenyo-Markin, Minority Leader in Parliament, has called on the government to undertake major reforms in the energy and gold sectors rather than impose additional costs on Ghanaians. The post Afenyo-Markin urges government to fix ECG, probe alleged GoldBod losses, halt overburdening state institutions appeared first on Ghana Business News .
Minority Leader Alexander Kwamena Afenyo-Markin has urged the government to tackle the energy and gold sectors' issues rather than burdening Ghanaians with higher costs. Speaking to media in Accra, he highlighted the need to address revenue leakages at the Electricity Company of Ghana (ECG) due to illegal connections among consumers and factories.
Afenyo-Markin criticized the recent 29% tariff increase and the introduction of a GH¢1 levy, viewing them as low-hanging fruits instead of investments in technology and systems to reduce inefficiencies and waste. Regarding the gold sector, he cited an IMF audit stating that the Domestic Gold Purchase Programme and GoldBod operations had incurred losses amounting to GH¢21 billion.
The Minority Leader promised that the Minority Caucus would seek to establish an Ad Hoc Committee to investigate these allegations upon the resumption of Parliament. He also expressed concern over the excessive pressure on state institutions through bureaucratic job creation, urging the government to foster an enabling business environment and implement digital policies to empower young entrepreneurs, particularly in the era of Artificial Intelligence (AI).
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