Revamp TOR to save the economy – Duncan Amoah offers a solution to rising petroleum prices

Executive director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah has stated that if the government does not commit resources to make sure the Tema Oil Refinery is efficient, the economy will remain overly exposed to volatility. He explained that an efficiently operating Tema Oil Refinery will ensure that the

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Stop blaming government for what is not its responsibility – Kwadwo Poku to Ghanaians

Kwadwo Poku, Executive Director of the Institute of Energy Policies and  Research has said that he does not subscribe to the school of thought which expects the government to be pressured to intervene in the cost of fuel. During an interview, on Citi TV, he argued that “we are not

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Russia-Ukraine war and cedi depreciation the cause of high petroleum prices – Deputy finance minister

Willam Owuraku Aidoo, a Deputy Finance Minister has stated that the Russia-Ukraine war and the depreciation of the Ghanaian cedi have attributed to the surge in petroleum prices in Ghana. Mr Aidoo further stated that the government is unable to do much about the prices due to the deregulated regime

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GPRTU set to announce new transport fares as 15% increment looms

The percentage increase in transportation fares is expected to be communicated by the leadership of the Ghana Private Road Transport Union (GPRTU) on Tuesday, April 5 2022. GPRTU had to suspend its planned decision to upwardly adjust fares by 15%. It explained that its suspension of the initial decision was

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Petrol to sell for GH¢9 while diesel goes for a cedi more in the next window

The Finance Ministry has been called by the Chamber of Petroleum Consumers Ghana (COPEC) to come out on the reason behind the skyrocketing prices of fuel. Fuel prices are expected to hit at least GH¢10 per litre according to COPEC  Executive Director, Duncan Amoah and he is cautioning that Ghana’s economy

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Bawumia’s concession about fuel prices shows the level of dishonesty in Ghana politics – Social Commentator

A social commentator Ivan Kyei Innocent has said the recent admission by Vice President Dr Mahamudu Bawumia that the government has no control over fuel prices shows the level of dishonesty Ghanaian politicians exhibit. Mr Kyei Innocent was responding to a question during an interview on the Active Morning Show

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