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Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has announced that he has engaged the National Petroleum Authority (NPA) and other key stakeholders to implement President John Dramani Mahama’s directive to reduce the price of diesel by GHS2.00 per litre to cushion consumers.
A lecturer in Political Marketing at the University of Education, Winneba, Dr Bernard Tutu-Boahene, has urged commercial drivers, market women, and producers to ensure that the government’s decision to reduce diesel prices translates into real benefits for consumers.
The Ministry of Energy and Green Transition has appealed to commercial transport operators to exercise patience and reconsider plans to increase transport fares following government's intervention to reduce diesel prices by GH¢2 per litre.
The Institute for Energy Security (IES) says the recent depreciation of the Ghana cedi is preventing consumers from enjoying larger reductions in fuel prices, despite the government's intervention to cushion the impact of rising global oil prices.
The Institute for Energy Security (IES) has welcomed the government's decision to subsidise diesel by GH¢2 per litre, describing it as a timely intervention that will help cushion consumers against rising fuel prices and ease inflationary pressures.
The Ministry of Energy has assured Ghanaians that the government's temporary GH¢2.00 per litre reduction in the regulatory margin on diesel will not impose any additional financial burden on taxpayers.
Chief Executive of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has welcomed the government's GH¢2 per litre diesel subsidy, describing it as a timely intervention to cushion consumers and operators as volatility in the global oil market continues to drive uncertainty in fuel prices.
The Chamber of Oil Marketing Companies (COMAC) has welcomed the government's decision to absorb GH¢2 on every litre of diesel, with its Chief Executive Officer, Riverson Oppong, confirming that member companies have already begun implementing the price reduction. Speaking on JoyNews' Top Story, Mr Oppong described the intervention as timely, saying it would ease the burden on both consumers and operators in the downstream petroleum sector. "This wave that has come is indeed here to cushion con
The Ministry of Energy and Green Transition has dismissed claims that the government’s decision to reduce the regulatory margin on diesel by GH¢2.00 per litre will be financed with funds meant for the power sector. The Ministry said the temporary measure will not affect electricity financing, insisting that the intervention is being funded through adjustments […]
Energy analyst Kwadwo Poku has welcomed government’s decision to reduce diesel prices by GH¢2 per litre, describing it as a relief for consumers, but has cautioned that the intervention does not address the long-term challenges facing Ghana’s petroleum sector.
The Chamber of Petroleum Consumers (COPEC) has urged government to prioritise the establishment of a strategic fuel reserve system rather than relying on periodic interventions to cushion consumers against rising petroleum prices.
The Chamber of Petroleum Consumers (COPEC) has welcomed President John Dramani Mahama’s directive for government to absorb GH¢2 on every litre of diesel, describing the intervention as a positive move but cautioning against relying on short-term measures to manage fuel price increases. COPEC Executive Secretary Duncan Amoah said the decision was necessary following the sharp rise in diesel prices, which had pushed the cost of the product close to GH¢20 per litre at some fuel stations.
The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tameklo, has announced that President John Dramani Mahama has directed the Authority to absorb GH¢2 on every litre of diesel to cushion consumers against the impact of recent fuel price increases.
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