President of the Committed Drivers Association, Mr Charles Danso, has accused the National Petroleum Authority (NPA), of constant fuel increment at periods when the country’s attention is on major issues discussed in the media.

He told sit-in-host of Frontline Nana Adjoa Owusu on Rainbow Radio 87.5Fm that the NPA is fond of increasing fuel prices at periods when Ghanaians do not have their attention on the fuel market.

He said, although the NPA believes that drivers have not observed their action, we are aware they have used the ongoing vigilante and Kintampo accident discussions to increase petroleum products.

He has admonished Ghanaians to be prepared to pay more for transport.

‘’The NPA realised our attention was on political matters and the recent accident and used that period to increase fuel prices. They think we are not aware but we know they have increased prices. We cannot bear the cost alone and so we are admonishing Ghanaians to be ready to pay more for transport,’’ he said.

He added ‘’nobody should blame us for any increment. So far as there is increment in fuel prices, we have to increase transport fares.’’

The Committed Drivers Association he said does not fall under the Ghana Private Road Transport Union (GPRTU) hence will not wait for them to issue new prices before they increase their fares.

’We are not under GPRTU and will not abide by their rules. We will increase our fares,’’ he stressed.

Some Major Oil Marketing Companies (OMCs) have made slight upward adjustments on the prices of petrol and diesel at the pumps.

This is the second time in a month that an adjustment has been made.

Checks at some major fuel pumps like Shell and Total have revealed an increment of prices of petrol and diesel by 6 pesewas.

The two companies are selling a litre of petrol and diesel for GHC5.24 representing a 1.16 percentageincrease from the previous price of GHC5.18.

 

About NPA

The National Petroleum Authority was established by an Act of Parliament (NPA Act 2005, ACT 691) to regulate the petroleum downstream industry in Ghana. As a Regulator, the Authority ensures that the industry remains efficient, profitable, fair, and at the same time, ensuring that consumers receive value for money.

Since the establishment of the National Petroleum Authority in 2005, the Authority has supervised the acceleration of the petroleum downstream deregulation process by facilitating the removal of restrictions on the establishment and operations of facilities, and importation of crude oil and petroleum products.

In June 2015, the Authority successfully implemented the final phase of the deregulation process, which is Price Liberalization. This process involves a full decontrol of prices of petroleum products from government. Private importers, distributors and retailers are empowered to set ex-refinery and ex-pump prices with no intervention from government.

LEAVE A REPLY

Please enter your comment!
Please enter your name here