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NPA’s justifications for fuel price increment nonsensical – Sammy Awuku

According to NPA, the increment has become necessary because they owe banks that assist them in their operations

 

The National Youth Organiser of the New Patriotic Party (NPP), Sammy Awuku, has described as nonsensical, explanations given by the National Petroleum Authority (NPA) for the fuel price hikes.

The National Petroleum Authority (NPA), last Saturday increased petroleum products by 9% with effect from Sunday, May 17, 2015. Petrol will now be sold at GHc3.33 per litre while Diesel will be sold at GHc3.24 per litre. A kilogram of LPG is expected to be sold at GHc2.88, MGO Local will go up GHc2.96. Unified petroleum is expected to go up by 4% while Kerosene will be up by 9%. However, prices of premix fuel and RFO remain the same.

According to NPA, the increment has become necessary because they owe banks that assist them in their operations. They also explained that the increase in price of crude oil and the refined petrol on the world market all accounted for the price hikes.

But, Sammy Awuku, reacting to the justifications on Okay FM’s morning show,, said it was all due to government’s incompetence.

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“What wrong did Ghanaians do if the exchange rate has gone high? It is government's incompetence so why should we pay for the incompetence of this limping government? Why do we have to be burdened again amidst the hardship with this debt incurred by the government?” he quizzed.“We should suffer to pay these people and with all due respect, they sit there to tell us nonsense. The prices of crude oil is less than $60 per barrel and as a concerned government, see how much they are selling petrol to Ghanaians; compare this price to NPP era when crude oil was $147 per barrel and yet fuel price was Gh¢5.00 but now at less than $60 per barrel, fuel price is almost Gh¢15.00….I find it difficult to understand the explanation given by NPA”, he noted.

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