What do you believe is the single most important factor driving up the cost of living in Nigeria?

The Institute of Economic Affairs is calling for a policy that will ensure that all government appointees pay for their domestic electricity usage.

In a number of recommendations ahead of the December 2024 elections, the think tank also proposed the energy bill collections should be optimised via installation of effective pre-paid meters for all users except critical national/public sector institutions.

It continued that a timeframe should be stipulated for manufacturing all pre-paid meters domestically to save foreign exchange and create domestic jobs.

Again, "The use of solar energy should be progressively increased in all public institutions to ensure more stable power to the institutions whilst the Independent Power Producers (IPPs) should be promptly reimbursed to assure uninterrupted supply of power".

Energy is a critical driver of economic growth. However, Ghana has long faced unstable power, which has been a drag on economic growth. Installed power capacity had long lagged growing.

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