The Association of Road Contractors (ASROC) has refuted claims by the Deputy Minister of Roads and Highways, Nii Quaye Kumah that there is a shortage of bitumen in the country saying there is enough bitumen on the market.
According to the National Chairman of ASROC, Mr. Twumasi Mensah, bitumen became scarce about a month ago due to the heightened political tension in Ivory Coast but now the product is available in large quantities.
He told Adom Business News that the product is supplied by Shell Ghana which imports it from Ivory Coast to Ghana for the contractors to buy adding that now that tensions have calmed in Cote D’Ivoire, the company has been giving them regular supplies.
Apart from Ivory Coast, supplies also come in from Europe and South Africa.
Meanwhile, a bitumen distributor who spoke to Adom Business News on a condition of anonymity also attested to the fact that there is no shortage and challenged the Minister to substantiate his statements.
According to him prices of bitumen are pegged alongside that of crude oil since it’s a by-product of crude oil distillation.
Currently, a kilogram of bitumen is sold between 1.8 and 2 Ghana cedis.
Story: Afia Akyere/Adom News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Fuel prices projected to increase by Friday, Jan. 17 due to cedi depreciation, rising global crude prices
17 seconds -
WAPCo postpones maintenance exercise to avert looming dumsor
16 minutes -
Sacking Otto Addo is the only response to poor Black Stars performances – Osei Palmer
38 minutes -
Investigators scale barricades to arrest S Korea’s impeached president
1 hour -
Reece James late free kick cancels out Semenyo stunner
1 hour -
IPPG calls on Mahama to retain and reset the Emissions Levy
3 hours -
Resetting the Ghanaian Economy: What to focus on
3 hours -
Mahama’s visit to Bawku is critical for lasting peace – National Peace Council
4 hours -
Scores injured in Walewale as soldiers are accused of brutal assault
4 hours -
Mahama meets Mamprugu king over Bawku chieftaincy stalemate
4 hours -
Mahama calls for robust investment to uplift vulnerable populations
4 hours -
Social media hate speeches harming peace efforts in Bawku – Peace Council
5 hours -
Policy Expectations of the New Government: A robust asset and liability declaration framework
5 hours -
Engender trust to resolve Bawku crisis – Former Defence Minister Dominic Nitiwul advises
6 hours -
Guardiola divorces wife of 30 years
6 hours