Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

BDCs manipulating fuel prices to make NPP unpopular- Ken Agyapong

  • SOURCE: Mynewgh | qwesa2big
  • While the public are rejoicing about the stabilization of prices and its downward run, and the Institute for Energy Security (IES) projecting prices to be stable throughout the month of March, Member of Parliament for Assin Central Honourable Kennedy Agyapong has said to keep prices stable for a long time, there was the need to check the activities of Bulk Distribution Companies (BDCs).

    The lawmaker blamed the fuel price crisis the government encountered squarely on the Bulk Oil Distribution Companies (BDCs) led by Mr Senyo Hosi.

    One of the biggest influencers of the cost of living in Ghana, in addition to the dollar, has largely been the prices of fuel, and until recently when government’s intervention reigned in the prices, there was little hope fuel prices would come down.

    The outspoken MP, who has over the weekend and the start of the week trended for various utterances on different subjects said he didn’t understand why the NPP government was “giving power to the BDCs to dictate”.

    While commending the Energy Minister for his work in the reduction of utility tariffs, Mr Kennedy Agyapong gave the Minister a big thumb down in the fuel price arena in as much as the operation of the BDCs was concerned.

    “I don’t see why NPP should allow the BDCs to dictate. I disagree with the minister. Minister is doing well, but I dont agree with him”, he said in an interview MYNEWSGH.com monitored closely.

    “You don’t allow BDCs to dictate. When you give them such powers, they will collapse NPP party because there will be no control”, he emphasized.

    He called on the Minister and the members of the NPP government in charge of the sector to create competition for the BDCs. He said the fate of Ghanaians should not be left in the hands of the BDCs and their assigns.

    “… They will decide the fate of Ghanaians, any price they want… You need your government cushioned so you give them strong competition…. they dictate… Minister, you have done well on electricity reduction, I walk chest out because of you, but on this one, please!”, he charged.

    Leave a reply

    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar