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


News in Brief

Demo over hike in fuel price looms

  • POSTED ON: February 1, 2018
  • SOURCE: Daily Heritage
  • CATEGORY:

THE CHAMBER of Petroleum Consumers (COPEC) has warned that it would hit the streets to demonstrate against the government should it announce an increase in the prices of fuel.

Mr Duncan Amoah, Executive Member of COPEC, who issued the threat in an interview with the DAILY HERITAGE, said the group was prepared to spend months, if it had to, to compel the government to reduce fuel prices.

“We are not quite certain what the government is up to, but we will explore all legitimate avenues to drum home our demands for fuel prices to come down. At least cut down to meet our standards of income in our pockets; any attempt to increase fuel prices further will warrant a demonstration from all of us,” Mr Amoah noted.

He stated that some countries buy same products from the international oil market as Ghana does but their current pump prices leave one wondering if Ghana is not being rather harsh by way of tax overloads on fuel prices.

Mr Amoah stated that Ghana tops in fuel prices compared to other countries which also buy from the international oil market.

He said “these countries are Egypt GH GH ¢7.74/ gallon, Algeria GH¢ 7.74/gallon, Nigeria, GH¢ 10.04, Angola GH¢ 16.50/gallon, Liberia GH¢ 16.50/gallon, Benin GH ¢17.70/gallon, Dubai GH¢ 12.01/ gallon, USA 15.40/ gallon, Ghana, Russia GH¢ 15.27/ gallon.”

According to him, some of the above listed countries produce oil while others do not, but they are not overburdening their people through taxes.

“Something is, indeed, wrong somewhere and a solution ought to be found sooner than later. The President must thoroughly scrutinise these developments and find a lasting solution to the challenges. We want to remind the President of his personal promise to better the lives of ordinary Ghanaians,” Mr Amoah stated.

Share this article

Leave a reply

Personality of the Month
Follow Us Online
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
Events Calendar
<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar