Government has directed the Ghana Oil Company (GOIL) to reduce price of fuel at the pumps effective Tuesday, December 7.
This follows a crunch meeting between government and transport operators at the Presidency on Monday evening.
Head of Communications at the GPRTU, Abass Imoro, who disclosed this on PM Express with Evans Mensah, on Monday, said government also committed to reviewing taxes on fuel in the mid-year budget review.
He said they are satisfied with the outcome of the meeting and would urge their members to resume work tomorrow.
Communications Manager at the National Petroleum Authority, Mohammed Abdul Kudus, touching on the proposed review of taxes, said if the taxes are reduced, even if world prices of petroleum products continue to spike, consumers will not feel the impact.
Chairman of the transport committee in Parliament, Osei Nyarko, said the directive to GOIL is welcoming and indicative of the fact that the Akufo-Addo led government is a listening government.
He said he expects 15 pesewas reduction by GOIL tomorrow.
According to him, he has been briefed that GOIL would be selling fuel at GHc6.7 per litre.
Latest Stories
-
Joy FM listeners criticise Achiase Commanding Officer’s election comment
3 mins -
Legal Aid Commission employees threaten strike over poor working conditions
6 mins -
Ghana ranked 7th globally as biggest beneficiary of World Bank funding
15 mins -
IMF board to disburse $360m to Ghana in December after third review
20 mins -
Former Bono Regional NPP organiser donates 13 motorbikes to 12 constituencies
26 mins -
Securities industry: Assets under management estimated at GH¢81.7bn in quarter 3, 2024
31 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
2 hours -
Boost for education as government commissions 80 projects
2 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 -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
3 hours