The flagbearer of the National Democratic Congress (NDC) has promised to reduce the cost of electricity tariffs and grant tax relief for businesses that decide to operate a 24-hour economic system.
John Mahama believes businesses signing up for the 24-hour system will help accomplish his vision of revitalising the ailing economy, maximising productivity and efficiency, and ultimately creating a dynamic and vibrant economy to benefit both workers and businesses.
“The 24-hour economy will succeed because we shall provide improved security and public safety which will require massive recruitment into the security services and private security operations.
“My government will provide cheaper and more reliable electricity for those participating businesses based on a time of-used tariffs system.
“Companies that sign up for the 24-hour economy will benefit from modern smart meters calibrated to charge a lesser tariff per kilowatt hour for power that is consumed during off-peak hours.