• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 18, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

National Private Electricity Vendors Association Appeals To ECG Not To Increase New Minimum Quota To GHC20,000

March 11, 2023
Stephen M.Cby Stephen M.C
in General News
0
National Private Electricity Vendors Association Appeals To ECG Not To Increase New Minimum Quota To GHC20,000

Electricity Company of Ghana.

The National Private Electricity Vendors Association has passionately appealed to the Electricity Company of Ghana to reconsider the new minimum quota level of ¢20000.

According to the association, vendors who have now dropped or may have dropped effective March 1, 2023, will definitely cause inconvenience to ECG customers within their localities because they will then have to travel to other areas to purchase credits for their meters.

It indicated that with even the current minimum level, some vendors have dropped from operating from their locality simply because they are finding it difficult to raise enough capital for their operations, pay for shops rent, utilities and cashiers they have employed.

RelatedPosts

Barker-Vormawor Calls Out GTEC’s Overreach on Dr. Ayensua’s Professorship

Bail Delays Threaten Justice 

Ghana Pays $1m to University of Memphis to Avert Student Deportation

“With due respect, may we request you to consider not to increase the minimum quota level to the ¢20,000. We fervently appeal that you maintain the current quota purchase of ¢5000 per meter , since the change will have tremendous impact on vendors as well as customers within the communication countrywide”.

National Private Electricity Vendors Association

The association explained that some vendors are also operating more than one meter system because of their locations either on boundary with other meters installation or ECG Districts boarders. Again, it noted that not all vendors will have the capacity to obtain enough funds to cope and operate with the new minimum level of quota purchase especially when they are operating more than one-meter systems.

“Sacrifices by vendors to stand in ECG during odd hours when the letter is not operating will have harsh consequences on customers countrywide because majority may not have the required amount being requested to operate more.”

National Private Electricity Vendors Association

National Private Electricity Vendors Association laments current predicament

Furthermore, the association stated that the ECG should take a cue from the Bank of Ghana which has directed the telecom firms to limit their customer’s transactions to only GHC15,000. It explained that ECG raising its requirement to GHC20,000 will be in contravention to Bank of Ghana’s directives and obviously pose great challenge to vendors loading their wallets.

Additionally, the National Private Electricity Vendors Association revealed that the possibility of compounding unemployment in the country will also be very great for as it is now that no vendor employs less than two cashiers for their operations.

“We should also very mindful of the fact that every negative issue happening in this our country is always attributed to the government. Inconveniencing customers in their localities may cause/call for the government intervention in such a situation, especially when the country is drawing near to election.”

National Private Electricity Vendors Association

To address the situation, the association suggested that in view of ECG Management intention to introduce the super vending concept, some of these issues be assigned to the Super Vendors to be appointed to handle, so that Vendors can thrash out most of these complications that may crop up in the process with their respective assigned Super Vendors.

The National Private Electricity Vendors Association statement followed an increase in the minimum quota purchase per meter type from GHC5000 to GHC20,000, effective March 1, 2023.

A letter signed by the Managing Director of the ECG, Samuel Dubik Mahama, pointed out that this is to reduce the volume of daily transactions and also to quicken the processing of quota purchased by individual vendors.   

READ ALSO: GGSA Calls For Calm After Earth Tremor Hits Part Of Accra

Tags: Bank of GhanaGhana NewsNational Private Electricity Vendors AssociationUtility tariff
Please login to join discussion
Previous Post

Standard Bank Makes $81 million Provision to Recapitalize Its Ghanaian Subsidiary

Next Post

Ashaiman Military Brutality: Clear Sign That Coup Is ‘No Joke’- Sefa Kayi Warns Coup Crusaders

[mc4wp_form id="1264"]

Related Posts

Zelenskyy Pushes For Ceasefire Before Peace Deal
Europe

Zelenskyy Pushes For Ceasefire Before Peace Deal

August 17, 2025
Oliver Barker-Vormawor,
General News

Barker-Vormawor Calls Out GTEC’s Overreach on Dr. Ayensua’s Professorship

August 17, 2025
Ukrainian Parliament Approves Law To Allow Multiple Citizenship
Europe

European Leaders To Join Zelenskyy For Talks With Trump

August 17, 2025
landed property bail terms under scrutiny
General News

Bail Delays Threaten Justice 

August 17, 2025
Xandy Kamel Recounts Ordeal From Angel TV
Entertainment

Xandy Kamel Claims Greed Crashing Ghana Movies on YouTube

August 17, 2025
Ecobank Group Hails Bosquet Investments’ Entry as Key Shareholder After Nedbank Exit
Banking

Ecobank Group Hails Bosquet Investments’ Entry as Key Shareholder After Nedbank Exit

August 17, 2025
Zelenskyy Pushes For Ceasefire Before Peace Deal
Europe

Zelenskyy Pushes For Ceasefire Before Peace Deal

by Comfort AmpomaaAugust 17, 2025
Oliver Barker-Vormawor,
General News

Barker-Vormawor Calls Out GTEC’s Overreach on Dr. Ayensua’s Professorship

by Silas Kafui AssemAugust 17, 2025
Ukrainian Parliament Approves Law To Allow Multiple Citizenship
Europe

European Leaders To Join Zelenskyy For Talks With Trump

by Comfort AmpomaaAugust 17, 2025
landed property bail terms under scrutiny
General News

Bail Delays Threaten Justice 

by Lilian AhedorAugust 17, 2025
Xandy Kamel Recounts Ordeal From Angel TV
Entertainment

Xandy Kamel Claims Greed Crashing Ghana Movies on YouTube

by Esther Korantemaa OffeiAugust 17, 2025
Ecobank Group Hails Bosquet Investments’ Entry as Key Shareholder After Nedbank Exit
Banking

Ecobank Group Hails Bosquet Investments’ Entry as Key Shareholder After Nedbank Exit

by Stephen M.CAugust 17, 2025
Zelenskyy Pushes For Ceasefire Before Peace Deal
Oliver Barker-Vormawor,
Ukrainian Parliament Approves Law To Allow Multiple Citizenship
landed property bail terms under scrutiny
Xandy Kamel Recounts Ordeal From Angel TV
Ecobank Group Hails Bosquet Investments’ Entry as Key Shareholder After Nedbank Exit
[/vc_row_inner]

Recent News

  • Zelenskyy Pushes For Ceasefire Before Peace Deal
  • Barker-Vormawor Calls Out GTEC’s Overreach on Dr. Ayensua’s Professorship
  • European Leaders To Join Zelenskyy For Talks With Trump
  • Bail Delays Threaten Justice 
  • Xandy Kamel Claims Greed Crashing Ghana Movies on YouTube
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.