ADVERTISEMENT
NPA tells OMCs to reduce fuel prices.
The National Petroleum Authority (NPA) has directed Oil Marketing Companies (OMCs) to reduce fuel prices at the pumps
___6391895___https:______static.pulse.com.gh___webservice___escenic___binary___6391895___2017___3___18___21___93173508
Parliament amended the Special Petroleum Tax Act and reduced the tax rate from 17.5% to 15%.
READ ALSO:Fuel prices drop by 2%
Excise Duty in the Customs and Excise (Petroleum Taxes and Petroleum Related Levies) Act, which had imposed some levies on fuel has been abolished.
ADVERTISEMENT
Consequently, the NPA in a statement signed by the Authority’s Technical Director, Jacob Awuah on behalf of the acting Chief Executive, asked the OMCs to reduce ex-pump prices of fuel to reflect the changes.
Below is the letter.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
Truck driver arrested for allegedly causing train accident on Tema-Mpakadan railway line
Kia driver who caused accident involving Ghana’s new train reports himself to Police
No passenger injured in accident involving Ghana’s newly imported train – Railways Minister
NAGRAT gives govt one-week deadline to address unpaid pensions affecting 700,000 workers
Inside story of how Ghana’s new train got involved in accident on a test run
She sent naked photos to Dubai lover while I battled kidney disease - Erico speaks on divorce
How did young politicians get so rich in just 5 to 7 years - Franklin Cudjoe asks
Artificial Intelligence will affect around 40% of the global workforce — IMF