Tag Archives: PRICE

Price of gas to further go up by March 16 – LPG marketers caution

The Price of LPG products is expected to go up again by Wednesday, March 16, according to the Vice-Chairman of the LPG Marketers Association of Ghana, Gabriel Kumi. He has, therefore, urged government to reduce taxes on LPG products. According to him, doing so will increase consumption of LPG in …

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NPA speaks about the erratic fuel price increases in Ghana

Nii Akwei Ismail Akwei hosts Mohammed Abdul-Kudus, the Communications Manager of the National Petroleum Authority, on the next episode of The Lowdown. Mr. Abdul-Kudus details some of the contributing factors to the inconsistent fuel price hikes; increase of prices on the international market. The guest also explains why calls by …

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Fuel price hikes: Remove taxes on petroleum products – Minority to Gov’t

The Minority in Parliament is demanding the immediate removal of three taxes on petroleum products to mitigate the impact of rising prices of crude oil on the international market. The demand by the minority comes as consumers are currently buying Petrol and Diesel above 8 cedis from the pumps. The …

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LPG price up 5% after fuel price, transport fare hikes

LPG consumers will, henceforth, be paying 5 per cent more for the same quantity of the fuel they purchased previously, as the price of the commodity shoots up from today, Thursday, 3 March 2022, as a result of the restoration of the Price Stabilisation and Recovery Levy (PSRL) on fuel …

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Price of LPG goes up by 5%

Liquefied Petroleum Gas (LPG) price will experience a 5% adjustment from today, March 3, 2022. This follows the restoration of the Price Stabilisation and Recovery Levy (PSRL) on fuel products. The restored PSRL is ¢0.16 pesewas per litre on petrol, ¢0.14 per litre on diesel, and ¢0.14 per kilogram on …

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COPEC slams government over fuel price hike

The Chamber of Petroleum Consumers (COPEC) has accused  government of not taking steps to mitigate fuel prices in the country. COPEC is asking government to use the windfall revenue that it is accruing as an Oil Producing Country as international oil prices go up to cushion the petroleum importers and …

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Fuel price to go up again by 30 pesewas

The Chamber of Petroleum Consumer Ghana (COPEC) is predicting yet another fuel price increment in the coming days. The move is expected is to impact prices of petroleum products which are currently selling at around GH¢7 cedis at some pumps in the country with consumers already grappling to purchase. According …

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Price deregulation policy to be reviewed – NPA

The Chief Executive Officer of the National Petroleum Authority (NPA) Dr. Mustapha Abdul-Hamid has disclosed that the price deregulation policy of the petroleum sector is being reviewed. Addressing the media on Friday, 11 February 2022 in Kumasi after a tour of the Ashanti region, he said a committee was set …

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GOIL reduces fuel prices further by 15 pesewas

Ghana’s leading indigenous oil marketing company, GOIL Company Ltd, has announced a further 15 pesewas reduction in fuel prices at all its retail outlets across the country effective December 7, 2021. This means that a litre of Super XP (Petrol) and Diesel XP will both sell at GHC6.70 from the …

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Cement price hits Ghc60 per bag – Cement Manufacturers Ghana announce

Cement Manufacturers Ghana have announced that plans are far advanced to increase the price of cement from the current Ghc50 cedis to at least Ghc60 due to cost of production and are urging the public to cooperate with them. This was announced by Cement Manufacturers Ghana Executive Secretary Rev. Dr. …

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