{"id":196171,"date":"2024-07-03T17:54:35","date_gmt":"2024-07-03T17:54:35","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/07\/03\/bagbin-advises-trade-minister-to-withdraw-l-i-on-cement-price-regulation\/"},"modified":"2024-07-03T17:54:35","modified_gmt":"2024-07-03T17:54:35","slug":"bagbin-advises-trade-minister-to-withdraw-l-i-on-cement-price-regulation","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/07\/03\/bagbin-advises-trade-minister-to-withdraw-l-i-on-cement-price-regulation\/","title":{"rendered":"Bagbin advises Trade Minister to withdraw L.I on cement price regulation \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Speaker of Parliament Alban Bagbin has advised Trade Minister K.T. Hammond to withdraw the Legislative Instrument (L.I) on cement price regulation.<\/strong><\/p>\n<p>This advice follows constitutional arguments raised by former Minority Leader Haruna Iddrisu.<\/p>\n<p>The L.I was laid before the House on July 2 and is expected to mature into law after 21 sitting days.<\/p>\n<p>However, Tamale South MP Haruna Iddrisu has questioned the legal mandate of the Ghana Standards Authority to regulate prices.<\/p>\n<p>\u201cThe Ghana Standard Authority Act 2022, Act 10 (78), section 80 uses the word sale, and advertising, this is pricing. Do they have a mandate to regulate based on the 80? That is constitutional. The Ghana Standards Authority is an institution to regulate standards not pricing. Mr Speaker, Ghana cannot go this low.\u201d<\/p>\n<p>Following arguments from both sides of the House the Speaker advised the Trades Minister to withdraw the L.I<\/p>\n<p>\u201cHonourable members the danger is that, by the standards set by Article 11 (7). This House may not be able to measure up to that two-thirds majority to annul an instrument that the House itself is convinced that has no legal basis. That is the challenge and danger.<\/p>\n<p>\u201cAnd so, I will advise, I\u2019m not directing, that the sponsors of the instrument should take a second look at it. And if possible, withdraw and capture it in the appropriate language. To come within the statutory limits that we have, it\u2019s just advice, it\u2019s not a directive.\u201d<\/p>\n<p>citinewsroom.com <\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Speaker of Parliament Alban Bagbin has advised Trade Minister K.T. Hammond to withdraw the Legislative Instrument (L.I) on cement price regulation. This advice follows constitutional arguments raised by former Minority Leader Haruna Iddrisu. The L.I was laid before the House on July 2 and is expected to mature into law after 21 sitting days. However, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":196172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-196171","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bagbin advises Trade Minister to withdraw L.I on cement price regulation \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/07\/03\/bagbin-advises-trade-minister-to-withdraw-l-i-on-cement-price-regulation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bagbin advises Trade Minister to withdraw L.I on cement price regulation \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Speaker of Parliament Alban Bagbin has advised Trade Minister K.T. 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