Morning teaser Do you think the 9% increase in fuel price is fair?

Do you agree with the justification of the fuel price increase?

  • Published:

Do you think the 9% increase in fuel price is fair?»

24/7 Live - Subscribe to the Pulse Newsletter!

The cedis’ depreciation, rising prices of finished products and crude oil caused the National Petroleum Authority to increase fuel prices.

The value of every litre of Petrol, Kerosene, Diesel and a kilogram of LPG on Sunday May 17 went up by 9 percent. 

This means that a gallon of Petrol will this morning be selling at 16 Ghana cedis 65 pesewas, while Diesel will also go for 16 cedis 20 pesewas.

The NPA says because they are trying to recover the full price of every product sold, they were compelled to pass on the cost to consumers.

"The increases as we see are full time recovery because we don’t want to incur any loses or any under-recoveries again

The cedi has seen some depreciation in the period under review. And these three factors all uniting, is what has caused the price to increase to 9 percent.”

The Chief Executive of National Petroleum Authority, Mr. Moses Asaga also explained the increment has become necessary to forestall shortages of the products at the fuel stations.

Do you think it was fair for the justification to increase the petroleum products?

Do you think the 9% increase in fuel price is fair?»

Recommended Articles

Recommended Videos





Top Articles

1 Dirty Laundry Zimbabwean teenager exposes sugar mummy who sells sperm...bullet
2 Below Performance! Woman seeks divorce from small penis husbandbullet
3 In Sweden Politician says workers should take midday sex breaksbullet
4 18+ Photos Ghanaian girl makes fortunes off her nude videos on...bullet
5 Not Man Enough Woman seeks court's approval to divorce impotent...bullet
6 Domestic Violence Man batters wife 2 weeks after CSbullet
7 Drug Use Five unusual ways Ghanaians use weedbullet
8 Miracle Workers T.B. Joshua comes to me for miracle powers...bullet
9 See Gobe Police arraign car wash attendants over...bullet
10 Love Crazed Paraguayan lovers found having sex on a...bullet

Top Videos

1 Road Sex Man filmed having sex with road at a car parkbullet
2 Video Angry pigs eat giant PYTHONbullet
3 Woman caught on camera stealing a ring from a corpsebullet
4 American mum shoots "disobedient" children's phonesbullet
5 Video Man goes swimming naked; fish bites his penisbullet
6 Video "Verna Changing Lives" episode 2bullet
7 Drug Use Five unusual ways Ghanaians use weedbullet
8 In China Cheating husband force to wear pad, bra as punishmentbullet
9 Scottish police do the Running Manbullet
10 Video Kalyppo animation dancebullet

Filla