Communications Manager at the National Petroleum Authority, Mohammed Abdul Kudus has explained that scrapping or reducing levies in the price build-up of fuel could compromise the quality sold at the pumps.
In his response to the calls by some 16 driver unions for the scrapping of taxes on fuel, Mohammed Abdul Kudus clarified that the essence of price marking is to ensure that the quality of fuel is maintained.
Speaking to Israel Laryea on the AM Show on JoyNews, Mohammed Abdul Kudus underscored the importance of the levies on price build-up of fuel.
“There is a call for scrapping or removal of some levies as part of the price build-up and I just heard that the fuel marking has been brought up as a specific issue.
“The fuel marking is supposed to take care of possible adulteration to guarantee and ensure that the quality as it is from the point of the depot that it was taken from, to the pump that it is to be discharged, so that you and I can buy, it is that particular component of the price build-up that guarantees the quality,” he said.
Although he admitted to the relief the removal of levies will bring to Ghanaians, Mr. Abdul Kudus argued that the consequences will be dire.
“If it is scrapped, removed or taken out, what it means is that there might be a certain marginal relief on the prices that we pay for the product but the consequences we might not be averting our minds to, is the possible compromise on the quality of the product that you and I will have, the effect it would have on the engine,” he explained.
But General Secretary of the Ghana Private Road Transport Union (GPRTU), Godfred Abulbire reiterated the need to remove taxes like the energy debt recovery levy on fuel.
“If you look at the first levy that we mentioned, the energy debt recovery levy…as at now per their own publication, the energy debt has been cleared so perhaps if they are not scrapping that particular levy, it should be reduced. Government has seen that it is justifiable to remove the price stabilisation levy and they only acted by suspending it for two months and we think if that one is also removed, per the figure on it, it may not be too much but it justifies its removal,” he said.
Some sixteen driver unions are demanding that government scraps some taxes on petroleum products.
Government has announced the suspension of the Price Recovery and Stabilisation (PRSL) Levy for the next two months to cushion fuel consumers.
However, the 16 driver unions say they cannot put up with the recent increase in fuel prices hence the suspension of the PRSL is inadequate.
They have therefore threatened to withdraw their services on Thursday at 3:00pm should their demands go unheeded.
Latest Stories
-
Managing Prediabetes with the Help of a Dietitian
5 mins -
Joy FM listeners criticise Achiase Commanding Officer’s election comment
26 mins -
Legal Aid Commission employees threaten strike over poor working conditions
28 mins -
Ghana ranked 7th globally as biggest beneficiary of World Bank funding
38 mins -
IMF board to disburse $360m to Ghana in December after third review
43 mins -
Former Bono Regional NPP organiser donates 13 motorbikes to 12 constituencies
48 mins -
Securities industry: Assets under management estimated at GH¢81.7bn in quarter 3, 2024
53 mins -
Gold Fields Ghana Foundation challenges graduates to maximise benefits of community apprenticeship programme
2 hours -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
3 hours -
Boost for education as government commissions 80 projects
3 hours -
NAPO commissions library to honour Atta-Mills’ memory
3 hours -
OmniBSIC Bank champions health and wellness with thriving community walk
3 hours -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
3 hours -
NDC supports Dampare’s ‘no guns at polling stations’ directive
3 hours -
Police officer interdicted after video of assault goes viral
3 hours