15 Pesewas Per Litre Reduction In Fuel Price Woefully Inadequate – Concerned Drivers

15 Pesewas Per Litre Reduction In Fuel Price Woefully Inadequate – Concerned Drivers



The Concerned Drivers Association of Ghana is also disappointed at government’s decision to reduce the price of petroleum products by 15 pesewas per litre. The association contends that the amount is woefully inadequate. The Finance Minister also announced the reduction which is expected to take effect from the April


1 for three months as part of measures put in place by the government to cushion Ghanaians against current economic shocks. In an interview, the Public Relations Officer of the Concerned Drivers Association of Ghana, David Agboado, said the 15 pesewas is not welcomed. The last time we increased transport fares fuel was



sold at GHS 7.99, as it stands, it is GHS 10. 90 pesewas, and the best intervention government could come up with was to absorb only 15 pesewas. We would have been better off if government hadn’t touched it at all. Already, commercial drivers are pushing for another 20% increase in transport fares to cushion them against



the current fuel prices although their last fare increase was only in the February this year. Prices of petroleum products have skyrocketed within the last few days. Diesel is currently selling between GH¢10 and GH¢11 per litre, while the price of petrol has crossed the GH¢9 mark at some fuel stations. This has led to an upsurge



in general prices. A recent report released by the Ghana Statistical Service noted that petroleum and food prices are the major driving forces of inflation in Ghana in recent times Fuel prices in Ghana will go down by 15 pesewas per litre effective April 1, 2022. This reduction will be in place for three months, according to Finance Minister, Ken Ofori-Atta.