• About Us
  • Privacy Policy
  • Contact Us
Sunday, June 15, 2025
MyPublisher24
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
No Result
View All Result
Morning News
No Result
View All Result
Home News

Gov’t working at reducing effect of petroleum price hikes on consumers – NPA CEO

Osumanu Al-Hassan by Osumanu Al-Hassan
March 23, 2022
in News
0
Gov’t working at reducing effect of petroleum price hikes on consumers – NPA CEO
0
SHARES
82
VIEWS
Share on FacebookShare on TwitterWhatsapp

Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority(NPA), has assured Ghanaians of government’s effort to ameliorate the effect of the rising prices of petroleum products at the pumps in Ghana.

“There is going to be heavy sacrifices on the part of government, NPA and everybody so that together, we can move our country forward” he added.

The CEO intimated that the total amount of tax that goes to central government on a liter of fuel is around 1.90 cedis which may not be that significant to the individual consumers given the recent frequent rising cost of fuel on the international market.

On the flip side, he said ” this, will be a huge revenue lose to government because, that amount to a loss of GHc 4 billion and over on government revenue side yet, everybody wants their road to be tarred”.

Dr Mustapha Abdul-Hamid however alluded to genuine demands of Ghanaians on government to provided one facility or the other for the people albeit in this same times that government will be bleeding from its revenue points.

Dr Abdul-Hamid said these when he paid a visit to the Western Regional Minister, Kwabena Okyere Darko-Mensah as part of his familiarization tour in the region.

“I am here to familiarize myself with the operations at Atuabo Gas Plant, CEPS among others” he said.

READ ALSO

EC Chairperson to appear before Parliament next week

NSA fraud cost state over GH₵548 million – Attorney-General

Kwabena Okyere Darko-Mensah, Western Regional Minister was happy about the visit.

He noted that “NPA, is known to handle the pricing of petroleum product; the space to manage is difficult especially where we expecting crude oil prices around, $61 and now we are looking at $120 per barrel, it becomes very difficult and a lot of Ghanaians do not seem to know or appreciate”.

According to him, all the taxes that government has put in place are very little; You have a problem with such situation, whether to take-off these taxes and stop development or keep it and do development and people will cry”.

“You should find a way to get our message directly to the people for them to know that in the budget is only 60 but currently, the price is 120. If we decide to go and borrow money or cushion Ghanaians, no matter what, we will still pay! we are going to pay!

He added that “let Ghanaians know how prices are changing and how it is affecting the real price that we need to pay; if you cannot buy the petrol, definitely, there should be alternative to use as it is done in other countries”.

“We, at a Regional Coordinating Council (RCC) we do acknowledge the problem that you have been encountering, such as illegal bunkering on petroleum product; you need to come and visit these communities and then engage them rather than arresting them, so that the other people will know that what they are doing is wrong” Mr. Darko-Mensah said.

“If the NPA dissociate themselves, on this issue it will continue to come up. If you engage and invest in some kind of corporate social responsibility programmes, it will do us a lot of good” he said.

Responding, the NPA Boss announced that this year’s Consumer’s Week will be held in Takoradi. “So, we will come back and do proper engagement with the people.”

Source: MyPublisher24.com

Tags: consumersNPApetroleum productsprices

Related Posts

EC Chairperson, Ablekuma North collation, Elikplim Akurugu, decision, APC
News

EC Chairperson to appear before Parliament next week

June 14, 2025
NSA, NSS
News

NSA fraud cost state over GH₵548 million – Attorney-General

June 14, 2025
positions, December 7
Main

GJA 2025 Elections: Candidates ballot for positions as Committee pledges free and fair polls

June 14, 2025
Police,Kasoa,robbery
Crime

Police arrest 19 in anti-drug and robbery in Kasoa

June 14, 2025
Mustapha Ussif,NSS,Corruption,Ayine
Main

Mustapha Ussif denies wrongdoing in NSS scandal

June 14, 2025
salary structure
Main

CLOGSAG gives gov’t two-week ultimatum over salary structure implementation

June 13, 2025
Next Post
COVID-19: Minority to protest at Kotoka if mandatory testing is not made free

COVID-19: Minority to protest at Kotoka if mandatory testing is not made free

POPULAR NEWS

Lighthouse chapel

Lighthouse Chapel Case: 6 Ex-Pastors Demand $12 Million Settlement

April 30, 2023
aircraft

Light House Brouhaha: Kofi Bentil Exposed Over $12M Settlement Deal

April 24, 2023
SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

April 24, 2023
Kwaku Azar writes: Until a prima facie case is established

Akufo-Addo Nominates Gertrude Torkornoo As New Chief Justice

June 12, 2025
Lighthouse Brouhaha: Larry Odonkor charged with Stealing

Lighthouse Brouhaha: Larry Odonkor charged with Stealing

April 24, 2023

EDITOR'S PICK

Remain committed, hardworking- NAPO To NPP delegates

BOST margin won’t be scrapped anytime some – Energy Minister

September 15, 2022
Ejisu, Vetting Committee, NPP MP, protocols

Assin North by-election: NPP congratulates Gyakye Quayson, grateful to members for the unflinching support

June 28, 2023

James Lutterodt: 2021 Ketasco NSMQ star reported dead ahead of US trip for further studies

July 3, 2023
Presidential Candidate, flagbearer, Liberal, Ridge Hospital

Akua Donkor Was An Inspiration to all Ghanaians -NPP

October 29, 2024

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Important Links

  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

Recent Posts

  • GRA postpones GH₵1 fuel levy implementation
  • 8 ‘dangerous’ foods pregnant women should never eat
  • EC Chairperson to appear before Parliament next week
  • NSA fraud cost state over GH₵548 million – Attorney-General

Archives

  • About
  • Privacy Policy
  • Terms of Use

© 2025 mypublisher24 - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

© 2025 mypublisher24 - All rights reserved.