info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
Photo from Internet
The CEO of the National Petroleum Authority Hassan Tampuli has disclosed that despite the rising cost of petroleum products in Ghana, motorists relatively pay the lowest prices at the pumps.
Hassan Tampuli boasted petroleum product quality sold at the pumps is graded higher than the West African average making the country's products by far the cleanest in the sub-region.
The NPA CEO argued that considering the fact that Ghana's petroleum industry is deregulated with no subsidies, it's prices can be said to be the best against that of neighbouring countries.
Togo, he observes, have increased prices at the pump by almost 10% for all products, meaning consumers there will pay much more than they are now.
He suggested that by far Ghanaians are getting better in terms of prices and quality and 'in a comfortable lead' as compared to their colleagues in the sub-region.
Since last week, the Togolese have increased the price of petroleum products at the pump. 10% for petrol, diesel and Kerosene and about 8% for LPG and that means that in all the calculations apart from the price of products may be in Nigeria where it is heavily subsidised, prices of petroleum prices in Ghana is about the lowest in the entire West Africa Sub-region.
