Tag: Hike in fuel prices
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COPEC insists gov’t must scrap taxes on petroleum products
The Chamber of Petroleum Consumers (COPEC) insists the government must consider a policy to scrap some taxes off petroleum products, despite the President’s decision not to. President Akufo-Addo speaking during this year’s May Day parade on Sunday dismissed calls on the government to reduce taxes on petroleum products, describing it as an unsustainable move to…
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Diesel prices may soon cross GH¢10 per liter, petrol GH¢9 – COPEC predicts
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 March 16, 2022. COPEC attributed its prediction on the rising cost of crude on the international market and the cedi which is currently depreciating among major trading currencies. In a statement,…
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Energy Ministry debunks NDC’s claims of 7% fuel price hike
The Energy Ministry is debunking claims that fuel prices have increased by 7 percent at the pumps. This comes on the back of comments by the National Democratic Congress on the recent price increases at a press briefing on Monday, October 18, 2021. Fuel prices went up over the weekend after similar increases in previous…