Achimota Forest loses status as forest reserve

Achimota

Parts of the Achimota Forest in Accra is no longer a forest reserve.

It follows the coming into force of the Executive Instrument 144 gazetted on behalf of President Nana Addo Dankwa Akufo-Addo on April 19, 2022.

This means effective May 1, 2022, parts of the Achimota Forest Reserve is no longer a forest reserve.

President Akufo-Addo under Executive Instrument 144 has lifted the 1927 classification of the Achimota Forest as a Forest Reserve.

This is to pave way for a redesign, reclassification and development of the area.

The Executive Instrument was gazetted on behalf of President Akufo-Addo by the Minister of Lands and Natural Resources, Samuel Abu Jinapor.

more to follow…

Read Also: Gov’t must absorb ECG’s 148% upward adjustment- NDC Communicator

The Head of Communication, Zongo Caucus of the National Democratic Congress (NDC), Alhaji Mohamed Naziru, has suggested that government absorb the 148% upward adjustment proposed by the Electricity Company of Ghana (ECG).

The ECG made a proposal to the PURC, requesting it to increase electricity tariffs by up to 148 per cent covering 2019 to 2022.

The state power distributor also proposed an average increase of 7.6% in tariff over the next four years to cover Distribution Service Charges (DSC).

They attributed the high increase in the Distribution Service Charges.

“The result of ECG’s tariff proposal for the next five years shows an approximately 148% increase on the current DSC1 in 2022 and an average increase of 7.6% year on year from 2023 to 2026.”

The management of ECG also indicated that its financial sustainability is important as it impacts the entire energy sector.

“Over the next five years, the DSC will need to increase consistently (average of 7.6%) to cover distribution cost. It is expected that the approved BGC would correspond with the commercial terms of PPAs (Power Plant Agreements)”, it added.

About the same time, the Ghana Water Company Limited also demanded a 334% increase in tariff in their proposal.

Read Also: 148% upward adjustment: PURC to determine “fate” of ECG by July 1

Continue reading:

Source: Graphic

LEAVE A REPLY

Please enter your comment!
Please enter your name here


This site uses Akismet to reduce spam. Learn how your comment data is processed.