Audio By Carbonatix
Education Minister Haruna Iddrisu has proposed a framework to regulate annual increases in accommodation charges at public universities, suggesting that adjustments could be guided by inflation and set within a range of five to 10 per cent.
He called for a committee to examine accommodation costs and recommend permissible annual increases to Finance Minister Dr Cassiel Ato Forson under the Fees and Charges Act.
Speaking in a media interview, Mr Iddrisu expressed concern about high rents and said a defined adjustment mechanism could help make university accommodation costs more predictable.
“We do not support exorbitant rent prices being charged across the country,” he said.
“It is my view that we should constitute a committee to advise the Minister of Finance before he proceeds with the Fees and Charges Act on what percentage increase is permissible each year.”
The Minister suggested that prevailing economic conditions should inform any recommended adjustment.
“We can say, for instance, take inflation as a guide, 5 to 10 per cent increase annually,” he added.
The proposed committee would assess an appropriate benchmark for increases, with the aim of limiting arbitrary or disproportionate adjustments to accommodation charges.
The five to 10 per cent range remains a suggestion by the minister, rather than an approved cap.
Latest Stories
-
Kaizen as a strategic pathway for micro business scale-up in Ghana
11 minutes -
Minister orders suspension of Obuasi SHS headmaster over alleged sexual misconduct following JoyNews investigation
15 minutes -
Over 38,000 commercial, 150,000 residential customers unbilled – Ghana Water MD
44 minutes -
Several injured as Sprinter bus collides with ‘trotro’ at Odorkor
45 minutes -
Ghana records progress on reparatory justice agenda – Ablakwa
1 hour -
Mahama commissions Christian Tetteh Yohuno Ward Complex at Police Hospital
1 hour -
Vice President calls for wider access to Ghana’s political party histories
1 hour -
Republic Bank JoyNews Habitat Fair to connect prospective homeowners with exhibitors in Ho from October 16 to 18
1 hour -
Obaasima Summit: ‘AI is not a spiritual attack’ — Rev. Dr. Ofori-Boateng urges young women to embrace technology
2 hours -
GHS to distribute 80,000 pairs of locally-made protective footwear to health workers
2 hours -
GoldBod boosts local jobs as 90% of gold undergoes refining in Ghana – Sammy Gyamfi
2 hours -
The search for the politically unblemished: Are we asking the impossible of public appointees?
2 hours -
Ghana seeks climate finance access for debt-restructuring countries
2 hours -
Afenyo-Markin urges stronger media scrutiny of public institutions
2 hours -
GoldBod recovers GH¢38.7m in legacy PMMC debts, targets remaining arrears
2 hours