Tag Archives: Fuel Prices

GOIL Company Limited has denied claims that of being directed by government to reduce fuel prices. According to them, the allegations by the Association of Oil Marketing Companies (AOMC) are false.   “GOIL wants to state categorically that at no point did the government ‘direct’ the company to reduce its …

The Coalition of Commercial Transport Owners has announced its intention to embark on a nationwide indefinite strike beginning Monday, November 6 as part of measures to compel the government to scrap some taxes on fuel to enable reduction at the pumps. According to the Coalition, the government for the past …

The Information Minister, Kojo Oppong Nkrumah, has said the government has eased the impact of the constant hikes in fuel prices on Ghanaians by not introducing new levies on petroleum products in the 2022 Budget Statement.     Presenting the 2022 Budget Statement and Economic Policy in Parliament on Wednesday …

The Chamber of Petroleum Consumers Ghana (COPEC) has said the persistent hikes of petroleum prices at the local pumps is due to the unresponsive nature of the government. According to Duncan Amoah, the executive secretary of COPEC, the Energy and Finance Ministers have remained adamant even when oil prices on …

Fuel prices are inching closer to GH¢7 per litre at major fuel trading stations despite assurances of price stabilisation as a result of the removal of the Price Stabilisation and Recovery Levy (PSRL). Last month, President Nana Addo Dankwa Akufo-Addo approved a request from the National Petroleum Authority (NPA) to …

President Akufo-Addo has granted approval for the removal of the Price stabilisation and Recovery levies on petrol, diesel and LPG for two months, the National Petroleum Authority (NPA) has said. The approval follows the advice of the NPA to the Minister of Energy to seek the government’s intervention to mitigate …