Withdraw L.I on cement price regulation – Bagbin advises KT Hammond

Speaker of Parliament Alban Bagbin has advised Trade and Industry Minister K.T. Hammond to withdraw the Legislative Instrument (L.I) on cement price regulation.

This follows constitutional concerns raised by former Minority Leader Haruna Iddrisu, who questioned the Ghana Standards Authority's mandate to regulate prices, asserting that its role is to regulate standards, not pricing.

Laid before the House on July 2, the L.I is set to mature into law after 21 sitting days.

Bagbin cautioned that the House might not achieve the required two-thirds majority to annul the instrument, suggesting the minister rephrase and resubmit it within statutory limits.