Afenyo Markin Slams Minority’s ‘U-Turn’ on Cement Price Regulation

The Majority Leader, Alexander Afenyo Markin, has expressed disappointment over the Minority’s position on the Legislative Instrument (LI), which seeks to regulate the pricing of cement. The Effutu Member of Parliament (MP) is dismayed by the Minority’s argument, considering the public outcry over the uneven rising cost of cement across the country.

“The main object of the LI, as contained in the paper, is to promote competition within the cement industry, it is not to regulate the price of cement. The government is not seeking to reintroduce price control as if it’s a communist government. This government believes in free market enterprise but also believes in regulation and checks,” he hinted.

On Wednesday, July 3, the Speaker of Parliament, Alban Bagbin, advised the sponsors of the Legislative Instrument to withdraw it and take a second look at it to ensure that the appropriate language is used to meet the statutory standard.

This advice follows constitutional arguments raised by former Minority Leader Haruna Iddrisu and other members of the Minority.

Source:opemsuo.com