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Stop Trade Minister from laying L.I to regulate cement prices – Minority to Akufo-Addo

Murtala Mohammed 24.png Ibrahim Murtala Mohammed

Fri, 28 Jun 2024 Source: Joy News

The Minority in Parliament has urged President Akufo-Addo to stop the proposed legislative instrument aimed at regulating cement prices in Ghana.

They argued that it goes against the spirit of its parent Act and the NPP's traditional support for market-driven price determination.

Instead, they suggested reduced taxes and import duties on raw materials to compel manufacturers to lower prices.

They vowed to oppose the instrument, citing concerns about government overreach and contradictions with the NPP's ideological stance on property ownership and market forces.

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Source: Joy News