Ghana has been getting 27,000 barrels of crude oil every day as its share of the 150,000 barrels pumped daily from the country’s off-shore oil fields. This translates into 18 percent of the country’s daily crude oil production. The nation’s crude oil consumption per day is pegged at 96,000 barrels.
Ghanaians from the place of broken heart has expressed their displeasure to this sudden news coming from the National Petroleum Authority [NPA] over a predicted rise in price of petroleum products. National Petroleum Authority [NPA] released 2022 petroleum price indicators for the month of April, and Ghanaians couldn't hold their peace of the matter.
Saeed Ubeidalah, the National Petroleum Authority's (NPA) Head of Quality Assurance, has advised people to feel free to purchase petroleum products from any fuel station in the country. He claims that the petrol sold in Ghana is of the highest quality in West Africa.
Kindly follow me to get access to all my newly published articles. With that been said, let’s get right into this article. The popularly known and outspoken broadcast journalist, Kevin Taylor has sparked massive stir, debates and arguments across all social media platforms after boldly exposing how some NPP chairpersons do not pay taxes to government due to their connections with NPA and GRA aside owning large Oil marketing companies (OMCs)
Cabinet has begun discussions on a possible subsidies for petroleum consumers, as the rising cost of fuel prices in the country bite hard at consumers. According to Deputy Minister for Energy, Andrew Agyapa Mercer, although it would come as a cost to the tax payer, Cabinet is taking the necessary steps to find relief for Ghanaians.
Kelvin Taylor who is a Ghanaian based U.S journalist, the CEO of Loud Silence TV, poured a lot insults on renowned Ghanaian journalists who has gone for Political appointment under President Akuffo Addo' s led NPP government. Kwame Sefa Kayi is the first on the list of Journalists who has got political appointment from President Nana Addo Dankwa Akuffo Ado"s led government.
President Nana Akufo-Addo has extended the zeroing of Price Stabilisation and Recovery Levy (PSRL) on petrol, diesel and LPG to January 31, 2022. This was confirmed by the National Petroleum Authority (NPA) in a letter issued to the various Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) in the country.
The chamber in charge of petroleum products in the country, the National Petroleum Authority (NPA) has hinted that soon, prices of fuel would be reduced along the length and breadth of the country. This move was echoed by Mr. Abass Ibrahim Tasunti, the one in charge of pricing at the NPA.
The National Petroleum Authority (NPA) has justified why the taxes on petroleum products cannot be reduced because it is likely to affect the quality of it sold nationwide. These statements were made by Mohammed Abdul Kudus, the Communications Manager of the NPA today on an Accra-based media house to help calm tensions that has been rising after no government agency or official has been able to address the plight of the people.
Increase in fuel prices means increase in price of everyday items, be it food, clothing, water, gadgets and everything buyable. The ministry of Energy said it's working with the ministry of finance to suspend some taxes that contribute to increases in fuel prices. Head of pricing at the National Petroleum Authority (NPA), Abass Ibrahim Tasunti says government's decision to suspend some levies on fuel prices is a response to further expected hikes in the pricing of fuel.
The National Petroleum Authority (NPA) has informed the Asantehene that the authority is on course in managing fuel adulteration and hike. 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.
You have done well for clicking on this article. Please follow Achiamaa-News for the latest news in Ghana and the world at large. Kwami Sefa Kayi also known as Chairman General is a Ghanaian media personality, broadcast journalist and public speaker. He is currently the host of Peace FM's morning show popularly known as “Kokrokoo".
The National Petroleum Authority (NPA) is taking steps to regulate “gaogao” operators in the petroleum distribution chain. According to the Chief Executive Officer (CEO) of the NPA, Dr. Mustapha Abdul-Hamid it has become difficult to check the operations of the “gaogao” because their work is cantered in the remote areas and also their work is mobile.
Now 50year old Mustapha Abdul-Hamid, once headed the Zongo Development Ministry, a novel initiative of the Nana Addo government, to formulate and oversee implementation of policies, programmes and projects to alleviate poverty and ensure that Inner-Cities and Zongo communities become inclusively developed and prosperous. Despite been optimistic that, his Ministry had come to stay and nothing could be done by any government to collapse it, when he said that, “As for this ministry, I can tell you with a 100 percent certainty, even though I’m not a prophet but there is no government or presidency that excuse my language, can have the audacity to say that it has cancelled this ministry or dissolved it”, he reiterated.
Hit the FOLLOW button to receive newly published articles. LIKE and SHARE the article. The board of the National Petroleum Authority (NPA) was inaugurated today, August 6, 2021 by the Minister of Energy, Dr. Matthew Opoku Prempeh. The board is tasked with ensuring the smooth and successful operations of the petroleum downstream sector.
Akufo Addo Is Not Only Appointing Influential People To His Camp But Also Winning Votes For The NPPs
The National Democratic Congress party seems to be blind and deaf to whatever the incumbent President is doing to help the New Patriotic Party stay in power forever. President Akufo Addo on a tour in the Northern Region The New Patriotic Party is a party with great minds, several wealthy gurus, and members that are willing to go the extra mile to see their party in power for over several tenures.
The Chamber of Petroleum Consumers (COPEC) has said the country has seen a 3 percent surge in fuel prices. According to the Executive Secretary of COPEC, Duncan Amoah, the increment has been blamed on the price of the commodity on the international market. He said, "Fuel prices have increased again and this time by 3 percent.
During the last quarter of last year, the had been complains from consumers all around Ghana about increase in the prices of fuel. This even led to a day long strike from most if not all members of the GPRTU and other drivers union nationwide. For this reason, the Price Stabilization and Recovery Levies (PSRLs) was removed to bring some reduction in the fuel prices.
Most Ghanaians ask why fuel prices rose to 6.99ghs per litre. Many do not even have the idea that part of the fuel includes various taxes to develop the economy . This article seeks to briefly explain a presentation made by Citi TV's Bernard Avle as he gave a step by step analysis of the fuel tax component.
The National Petroleum Authority(NPA), has restored the price stabilization and recovery levy that was removed by the government for the past three months. In a press release signed by the Chief Executive Officer, Dr. Mustapha Abudul-Hamid said the levies served as a source of revenue to the government for subsidies on premix fuel, Residual oil fuel(RFO), and a perpetual removal of such levies on the PBU would negatively affect the payment of subsidies to suppliers of these products and threaten their continuous supply to consumers.