News
GH₵ 1 Adjustment: There will be no increment in pump prices- Energy Minister
Minister for Energy and Green Transition, John Abdulai Jinapor has assured Ghanaians of no increment in pump prices in the wake of GH₵ 1 imposition on a litre of fuel.
Parliament yesterday approved the Energy Sector Levy (Amendment) Bill, 2025, under a certificate of urgency by the Minister of Finance, Dr Cassiel Ato Forson, to address energy sector shortfalls and debt repayment.
Speaking in Parliament yesterday, the Energy Minister, John Jinapor said, “Mr. Speaker, on this note, and on this auspicious note, let me make it clear that irrespective of the GH₵ 1, we are not going to see an increase in pump prices in the petroleum sector. It is only that an intelligent government can do this.”
He added that “when we are taking pragmatic steps, smart moves and intellectual moves to address the situation, you want to antagonise us, please, retreat because this will not help you.”
He further added that “Mr.Speaker, let me assure you that, unlike the previous administration, which decided to use ESLA proceeds to pay for pension funds, we will use this judiciously for the energy sector, and I tell you we are determined to turn this sector around.”
The government intends to raise additional revenue to address the nation’s crippling energy sector debt and ensure stable power supply.
The Finance Minister, Dr. Cassiel Ato Forson, who laid the bill stated that the energy sector’s total indebtedness stands at US$3.1 billion as of March 2025.
He further explained that a minimum of US$3.7 billion is required to fully clear this debt, with an additional US$1.2 billion needed to procure essential fuel for thermal power generation throughout 2025.
By Edem Mensah-Tsotorme
The 24 Hour Economy Authority has signed a Memorandum of Understanding with Hunan Architectural Design Institute Group to support the planning of the Volta Economic Corridor.
The agreement aims to guide how land within the corridor will be used, design key infrastructure, and develop systems that will support large scale production.
The partnership will focus on detailed planning to make the area ready for investment and smooth business operations.
The project will include the development of agroecological parks, industrial zones, and transport networks to connect production centres to markets.
According to the Authority, proper planning is critical to building strong economic systems and expanding production across the corridor.
It noted that the collaboration with the Chinese design firm will help lay a solid foundation for industrial growth and long term development within the Volta Economic Corridor.
By: Jacob Aggrey
President of the Ghana Bar Association, Efua Ghartey, has called on judges and lawyers to carry out their duties with humility, fairness, and a strong sense of responsibility.
She made the appeal during the Supreme Court at 150 celebration held at the University of Ghana, under the theme “Honouring the past, celebrating the present and defining the future.”
Addressing participants, she noted that those in the legal profession occupy positions of great power and influence, and must therefore remain humble in the discharge of their duties.
She urged both the bench and the bar to deliver justice without fear or ill will, stressing the need for fairness in handling cases.
Reflecting on the significance of the celebration, she explained that the year 1876 marks not only the establishment of the Supreme Court but also the beginning of formally trained lawyers in the Gold Coast.
The GBA President questioned what Ghana would be without the rule of law, which is upheld by judges and lawyers, adding that the country could descend into a system where only the strongest survive if justice is not properly administered.
She further encouraged legal practitioners to reflect on their responsibilities and remain committed to upholding the rule of law for the benefit of all citizens.
By: Jacob Aggrey
