Zeroing of PSR levies on fuel to commence in November

The National Petroleum Authority (NPA) has been directed to implement the zeroing of the Price Stabilisation and Recovery Levies (PSRL) in the next pricing window, which commences on 1st November, 2021.

The directive follows a request by the NPA to President Nana Addo Dankwa Akufo-Addo to mitigate the difficulties Ghanaians are experiencing with the pump prices and the corresponding impact on other aspects of national life.

The Ministry of Finance gave the directive in a letter dated 21st October, 2021.

The NPA, in a release on Friday, assures consumers of petroleum products that it is working to effect the necessary adjustments in pump prices in compliance with the President’s directives.

Read a copy of the release below:

Source: Mypublisher24.com

Akufo-Addofuelglobal pricesPrice Stabilisation and Recovery Levies (PSRL)