The CEO for the authority, Hon Mustapha Hamid briefing His Royal Majesty at the palace said the issue of adulteration is being managed through the use of a tracking device that monitors the stops made by fuel trucks during transportation.
“Fuel adulteration is also a challenge, from Tema, they mix fuel with chemicals which generates problems to car engines, and we are working on that, we have deployed an electronic cargo tracking system which can track the tankers during transportation of fuel.
“And so news on adulterated fuel isn’t widespread because we’ve managed to reduce it to the minimum, our ratings are just about 5-10% but were working hard to eliminate it for good.”
The minister with NPA’s governing board, further stated that the plea of citizens on the hikes in fuel prices is heeded to which the president removed the Price Stabilization Recovery Levy since November for fuel price stabilization.
“Crude oil prices went up everywhere but in our country, our president ensured that we do not get to the worst position so the price and stabilization levy meant for the regulation of premix fuel has been removed since November to control the price of petrol.
“We came to inform you that the president is aware and taking steps in managing fuel prices.”
The Board Chairman, Mr. Joe Addo, the Ashanti Regional Manager, Nana Adwoa Ofori, and the other board members were formally introduced to Asantehene whilst seeking guidance and blessings.
“President Nana Addo appointed me as the CEO for the authority months ago and together with the board we had to come to seek blessings and advice.”
Otumfuo Osei Tutu II advised that they exercise vigilance as the governing board and ensure that the improper layout or citing of fuel stations is prevented.
“You would realize that some fuel stations are cited wrongfully was there a background check when issuing licenses for that, you’re responsible for all these.”
“You give licenses to OMCs but we still experience errors with some in the long run.”
He said they should focus on the areas that increase revenue be it exports or imports. This way their duty of regulating the petroleum industry will be achieved.
“What plans have been made between Mali, Burkina Faso, and the rest to keep a record of petrol that is exported there?
“Even if its exports make sure an income is generated from it, what arrangements are attached to it, you have the knowledge to do all these. Work together and always put work first.”
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