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Expect to pay up to a 15% increase in fuel prices- COPEC

October 15, 2022

Executive Secretary of the Chamber of Petroleum Consumers Ghana, Duncan Amoah, has asked Ghanaians to prepare to buy petrol and diesel for almost GH¢13 and over GH¢15 per litre respectively in the coming days.

Speaking on Nyankonton Mu Nsem on Rainbow Radio 87.5Fm, he stated that the rise in the price of commodities on the world market and the continued depreciation of the cedi against the dollar have contributed to the increment.

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Petrol is currently selling for about GH¢11 per litre while diesel stands at about GH¢14 at most fuel stations.

Mr. Amoah indicated that the new prices could take effect on Sunday, October 16, 2022.

He said Ghanaians should expect an increment in fuel prices between 10 to 15 per cent.

“Ghanaians should expect a minimum increment of 10%. We could get to 15% and that is something we do not want to happen. But consumers should prepare for the increment. The depreciation of the cedi is a major factor.”

By: Rainbowradioonline.com/Ghana

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