Morning teaser Do you think the 9% increase in fuel price is fair?

Do you agree with the justification of the fuel price increase?

  • Published:

Do you think the 9% increase in fuel price is fair?»

24/7 Live - Subscribe to the Pulse Newsletter!

The cedis’ depreciation, rising prices of finished products and crude oil caused the National Petroleum Authority to increase fuel prices.

The value of every litre of Petrol, Kerosene, Diesel and a kilogram of LPG on Sunday May 17 went up by 9 percent. 

This means that a gallon of Petrol will this morning be selling at 16 Ghana cedis 65 pesewas, while Diesel will also go for 16 cedis 20 pesewas.

The NPA says because they are trying to recover the full price of every product sold, they were compelled to pass on the cost to consumers.

"The increases as we see are full time recovery because we don’t want to incur any loses or any under-recoveries again

The cedi has seen some depreciation in the period under review. And these three factors all uniting, is what has caused the price to increase to 9 percent.”

The Chief Executive of National Petroleum Authority, Mr. Moses Asaga also explained the increment has become necessary to forestall shortages of the products at the fuel stations.

Do you think it was fair for the justification to increase the petroleum products?

Do you think the 9% increase in fuel price is fair?»

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Interesting Woman throws party for husband after he married a new wifebullet
2 Video Government appointee flogged after being caught in bed with...bullet
3 Truncated Honeymoon Virgin bride hits groom's head with bottle after...bullet
4 Busted Alleged Facebook scammer exposed for swindling other usersbullet
5 Disrespect? White men visit African king's palace, refuse to...bullet
6 Bumper Harvest This woman is making millions from the sale of...bullet
7 Blame Game Man impregnates daughter, says she raped him...bullet
8 New Strategy Drug dealers nabbed with condoms filled with...bullet
9 Video Lawmaker being conveyed to face charges jumps out...bullet
10 Ignorance Of The Law Woman arrested and fined $500 for...bullet

Top Videos

1 Sex Doll First Sex doll brothel opens in Germanybullet
2 Video Pantless dancer from South Africa snatches wig off a fan headbullet
3 Video Maggots ooze out of houseboy’s anus after sleeping with...bullet
4 Video This man lets cars run over him, breaks nails with this teethbullet
5 Hilarious Monkey snatches tourist's iPhone as she tries to take...bullet
6 Video Lawmaker jumps out of police vehicle, flees into the bushbullet
7 Video Heartless father removes son's tooth with crossbowbullet
8 Video Man raised by wolves says life among humans is...bullet
9 Shocking Obinim makes church members openly confess...bullet
10 Cost Cutting Man buys car for a 100 mile trip to avoid...bullet

Filla