ENERGY sector think tank, the Africa Centre for Energy Policy (ACEP), has warned that energy consumers could be made to shoulder the burden of the energy sector levies in perpetuity.
It said this followed the introduction of a new structure in 2017 that altered the scope and timeline for retiring the legacy debts.
The centre said in its policy brief released last month that although about GH¢8.06 billion of debt was reported to have been settled so far, nobody knew how much of the legacy debt and associated interest was outstanding and when the accrued amount could be settled.
This, it said, was due to unavailable comprehensive information on the total outlook of legacy debt.
ACEP noted in the report dubbed: ‘The state of the energy and extractive sectors of Ghana: Critical reforms required for sustainable economic recovery’, that the levies were also insufficient to address the financial hurdles facing the energy sector.
In a bid to increase annual coffee production in the medium-term, the Ghana Cocoa Board (COCOBOD), through its Seed Production Division (SPD), intends to distribute 630,000 free coffee seeds to farmers across the country.
People or companies have products or services meant for people to buy so they make money. Until that product finds a buyer and cash or something very valuable to match the cost of the product or service exchanged for it, it is nothing worthwhile.
The Agricultural Development Bank PLC (ADB) has supported the National Chief Imam, Dr Sheikh Osmanu Nuhu Sharubutu, and his team of Imams with foodstuffs such as bags of rice and sugar to commemorate this year’s Ramadan celebration.