Ghanaian journalist and managing editor of the Insight newspaper, Kwesi Pratt Jnr has revealed that a section of Ghanaians have begun to reduce their mobility as a results of the unendurable high cost of fuel prices in the country, Purefmonline.com reports.
Speaking on Accra-based Metro Television’s ‘Good Morning Ghana’ program on March 16, with host, Dr. Randy Abbey, monitored Purefmonline.com, Mr. Pratt indicated that the government can mitigate the hardships Ghanaians are facing especially with regards to fuel cost by reducing and removing some of the taxes on the petroleum products.
He highlighted that, many people across the country have made it a point to restrict their daily movements because the cost of fuel has become unbearable.
”I can tell you that people have begun to restrict their mobility because of the high fuel prices here. We are here because of our continuous propaganda. It is true that we are experiencing some global challenges but the Government can meet the Ghanaian consumer half way by stabilizing the cedi and reducing or removing some of the taxes on the petroleum products. This will reduce the price here.”
The Chamber of Petroleum Consumers Ghana (COPEC) has predicted that diesel may sell at over GH¢10 per litre while petrol will cross GH¢9 from today, March 16, 2022.
COPEC attributed its prediction to the rising cost of crude on the international market and the cedi which is currently depreciating among major trading currencies.
In a statement, it said the Free On Board prices of petrol increased by 19.28% from $917.48/MT to 1094.33/MT, diesel by 34.57% from $845.50/MT to $1137.78/MT and LPG by 17.42% from $845.93/MT to $993.25/MT between the first pricing window (1st-15th March 2022) and the second window (16th -31st March 2022).
“The petroleum price indicators as published by the NPA shows that the price of Gasoil (diesel) will increase by 30.41% from GH¢8.22 per litre in this current window to Gh¢10.721 per litre beginning 16th March 2022 and ex-pump prices of Gasoline (petrol) will increase by 18.25% from GH¢8.22 per litre to GH¢727 per litre within the same period.”
Source: Purefmonline.com II 2022
