Report shows that gov’t has earned over GHc270m from street lighting

Report shows that gov’t has earned over GHc270m from street lighting

- The Ministry of Energy has revealed it received an amount of GHc273.9 million from street lighting over two years

- GHc134,266,116 out of the amount was collected in 2018 and GHc139,610,716 was collected in 2019

- The Energy Minister, John Peter Amewu, stated that GHc64.5 million out of the amount has been used by his outfit

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YEN.com.gh has learned that the government has received GHc273.9 million from street lighting over a period of two years.

According to John Peter Amewu, who is the Minister of Energy, the amount was received in 2018 and 2019.

He explained that GHc134,266,116 was collected in 2018 and GHc139,610,716 was collected the following year.

Report shows that gov’t has earned over GHc270m from street lighting
Minister of Energy, John Peter Amewu Source: dailyguidenetwork.com
Source: UGC

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Per a report by thebftonline.com, Amewu revealed that the amount was generated from the 3 percent levy paid by all consumers of electricity.

Appearing before Parliament, the minister went on to say that the money was collected by the Electricity Company of Ghana (ECG), Volta River Authority (VRA), and the Northern Electricity Distribution Company (NEDCO).

He stated that the funds were collected in line with the provisions of the Energy Sector Levies (Amendment) Act, 2017, (Act 946).

Out of the amount, Amewu stated that only GHc64.5 million has been used by his outfit.

He indicated that the amount was channeled towards the payment of energy consumed by traffic, street, and public lights, as well as the investment and maintenance of some as required by the Energy Sector Levies (Amendment) Act, 2017, (Act 946).

In other news, John Peter Amewu has commissioned a 330/161 KV interconnecting Auto Transformer at Sunon Asogli Power Plant at Tema in the Greater Accra region.

The motive behind building the plant is to help boost power transmission and supply in Ghana.

Information available shows that the plant, which was built by the Ghana Grid Company Limited Ghana Limited (GRIDCO) and Asogli, cost $5.4 million dollars.

READ ALSO: Banks express readiness to finance viable projects to revive economy

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Source: Yen Ghana

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