Photos Demo against hikes in fuel prices ongoing

The demonstration is being organised by the Chamber of Petroleum Consumers (COPEC) in collaboration with the Industrial and Commercial Workers Union (ICU).

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Some members of the public have currently hit the street to demonstrate over what they say is the continuous increase in fuel prices despite promises made by the government to ensure affordability.

The demonstration is being organised by the Chamber of Petroleum Consumers (COPEC) in collaboration with the Industrial and Commercial Workers Union (ICU).

They are doing this to force the government to reduce taxes on petroleum products.

READ ALSO: Trade Ministry did no wrong - Ad hoc Committee

The demonstrators are carrying placards that read, “Stop the galamsaying in our pockets”; “88% taxes is too much”; “Mr President Why?”; “Drivers, Y’anu Yeho”, among others.

 

Commercial drivers and some consumers of petroleum products have joined in the demonstration to register their displeasure with the persistent increases in the prices of petroleum products.

The National Petroleum Authority (NPA) has previously stated that provisions are being made to ensure that prices will remain fairly stable at the pumps.

 

READ ALSO: 31 branches of defunct UT, Capital banks closed down

However, the prices of petroleum products have continued to soar, with a litre of both petrol and diesel going for GHc4.62 at some major fuel stations.

 

Executive Director of COPEC, Duncan Amoah, said the government must embark on an “immediate review of the price build up”, whiles calling for a reduction of taxes on petroleum products.

Speaking to Accra-based Citi FM, he said: “We are paying close to $5 in order to be able to get petrol to your tank. That clearly is not helping anything. We understand very well that some of the taxes were introduced as windfall taxes at the time that world market prices had dropped so low and Ghana needed a little more revenue in order to be able to cushion the world market prices that have gone down."

“Today, the same dynamics are not at play. Unfortunately, the taxes that were introduced which should have gone by now, are still all in place. Ghana selling petrol above 20 cedis and it is still going up, it cannot be sustained. We need an immediate review of the price build up. We need some reduction. We need some stability in order to plan our spending on petroleum products in the country.”

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 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
2 Street Lights In Ghana ECG is not responsible for your street lights –...bullet
3 Menzgold Ghana Investment company closes down its Gold Vault Marketbullet
4 Black Stars Nana Aba comes under attack over Black Stars captaincy...bullet
5 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet
6 Menzgold Ghana Don't deposit money with Menzgold – BoG...bullet
7 Petroleum Prices Gov't to reduce fuel prices by 4% after 28%...bullet
8 Retirement How to calculate your SSNIT pensionbullet
9 Chattered Accountants Forum ACCA holds forum on...bullet
10 Ponzi Scheme Two MMM officials arrestedbullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Tech 6 reasons you should buy an iPhone SE instead of any of the...bullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Entrepreneurship How to be resourceful as an entrepreneurbullet
7 Entrepreneurship Failure- How To Deal With It | StartUpSchoolbullet
8 Plane Crash Starbow suspends operations following plane crashbullet
9 Support Finance minister buys Kantanka carbullet

Business