Pulse Ghana is the most followed news and entertainment platform, informing and engaging young Ghanaians round the clock, providing updates by the hour.

Pulse Ghana

The Chairman of the Governing Council of the OMCs, Jonny Blagogie, said that the increment took effect on Tuesday (January 15, 2018).

OMCs confirm increase in fuel prices | Pulse Ghana

Business

Magdalene Teiko Larnyoh

<h1>The Oil Marketing Companies (OMCs) have confirmed the increase in fuel prices of between 3 to 4 percent.</h1>

The Chairman of the Governing Council of the OMCs, Jonny Blagogie, told Accra-based 3FM that the <a href="http://www.pulse.com.gh/news/business/petroleum-products-fuel-prices-increase-by-4-copec-id7806384.html" id="2b105f59-c57a-5a6c-9df2-e7e6d8866c5a">increment</a> took effect on Tuesday (January 15, 2018).

READ ALSO: <a href="http://www.pulse.com.gh/news/business/expatriates-fail-to-appear-before-ad-hoc-committee-id7851325.html" id="860f9317-de3c-5271-afd3-865bce72b276">Expatriates fail to appear before ad hoc committee, hearing suspended</a>

“We have made some adjustments between 3% and 4%. The pricing window took effect [on Tuesday].”

He further revealed that the fuel diversions have reduced drastically following the introduction of a tracking system.

READ ALSO: <a href="http://www.pulse.com.gh/news/business/ecg-is-not-recruiting-id7856096.html" id="56a98fd3-e28c-53fd-93de-d08cdf82185d">ECG is not recruiting</a>

His comment comes after the Ministry for Fisheries and Aquaculture Development announced that it has terminated the contracts of about 25 OMCs involved in the distribution of premix oil across the country.

According to the Ministry, the companies were found guilty of diversion hence the decision to stop them from distributing the product.

But Mr Blagogie said the “diversions have reduced drastically due to the tracking devises.”

OMCs confirm increase in fuel prices

News

Entertainment

Lifestyle

Sports

Politics

Local

Filla

World

Football

Ghana Premier League

Black Stars

Celebrities

Music

Movies

Fashion

Beauty & Health

Relationships & Weddings

Food & Travel

Domestic

International 

Explore categories

The Pulse Influencer Awards has been set up to recognize and highlight bright lights in the influencer space in Africa who are building active engaged communities around their niche or craft.

Influencer Awards

Company Pages

Breaking News & Top Stories | Pulse Ghana

Video

Checkout our authors for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Authors | Pulse Ghana

| Pulse Ghana

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Search for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Search Results | Pulse Ghana

Watch the latest videos across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana