The Association of Ghana Industries (AGI) is calling on the Public Utilities Regulatory Commission (PURC) to reconsider a recently announced electricity tariff increase. The AGI believes the increase is premature, citing a current downward trend in global oil prices. They argue that falling oil prices will likely lead to lower costs for electricity generation in Ghana. Suspending the tariff hike would prevent undue financial burden on industries and consumers, they suggest. The association advocates for the PURC to monitor oil price fluctuations before implementing any adjustments. The AGI’s position aims to balance utility revenue with the economic realities facing Ghanaian businesses. They hope a cautious approach will support industrial growth and stability.

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