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China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
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The Chamber of Petroleum Consumers (COPEC) wants the Ghana government to find alternatives to alleviate the burden the recent fuel price hikes.
COPEC had earlier called for a national dialogue to help find innovative ways of addressing the issue.Fuel prices have hit the 5 cedi mark with diesel going for GHc5.18 pesewas per litre, and petrol 5.14 per litre.
In an interview with Citi News, Executive Director of COPEC, Duncan Amoah said the increase in fuel prices will impact negatively on the lives of ordinary Ghanaians hence the proposal for a national dialogue.
“We think the fuel price hikes exposes a lot of hardships to the ordinary man out there. There are solutions to the price increases, and we want the government to have a national dialogue immediately so that all stakeholders interest in proffering some workable solution to this phenomenon would at least put their shoulders to the wheel,” he added.
The Executive Director of the Institute of Energy Security (IES), Paa Kwesi Anamoah Sakyi, has warned that fuel prices at the pump will continue to go up until the cedi stabilizes.
According to him, Bulk Oil Distributors who buy crude oil have no option but to pass on the increasing cost of fuel to Ghanaians as prices on the world market.
