Fuel prices on the international market have seen some marginal reductions over the past two-week period, but the sharp depreciation of the cedi on the local market will prevent a reduction on the local market.
prices of petroleum products on the local market will see the biggest reduction in the next pricing window on August 15th, 2022.
Prices of petroleum products are expected to witness some mixed reviews at the pump stations from this weekend
Ghana’s President Nana Akufo-Addo has told labour unions in the West African country that calls for the removal of taxes on petroleum products are not workable.
TotalEnergies reaffirms its firmest condemnation of Russia’s military aggression against Ukraine, which has tragic consequences for the Ukrainian population and threatens peace in Europe.
The supposed government decision comes on the back of engagements with key groups and associations which threatened to embark on a demonstration over the hikes in fuel prices.
Prices of petroleum products may go up by about 6%, beginning March 1st, 2022, if government fails to intervene in the rising price of crude oil.