Posted: Friday 4th April 2014 at 7:41 am

Blame Mahama’s incompetence for economic challenges – KT Hammond

Friday 4th April , 2014 7:41 am

81d1kt hammond1 Blame Mahama’s incompetence for economic challenges – KT Hammond

KT Hammond

The Minority Spokesperson on Energy, KT Hammond has criticized government over the recent hikes in petroleum products and utilities.

The National Petroleum Authority (NPA) recently increased prices for various petroleum prices. Petrol went up by 7.06percent, diesel by 5.25 percent and Liquefied Petroleum Gas (LPG) by 4.74 percent.

According to Mr. Hammond, who also is the MP for Adansi Asokwa, the current economic challenge the country is facing is a result of the incompetence of the Mahama administration.

“Why should petroleum prices be consistently increased? Why should we be subjected to the incompetence of the administration and the economic mismanagement of this country? It is simply this; someone is not managing our cedi well,” he lamented

In his opinion, things can only change if government fixes the exchange rate battle between the cedi and its foreign exchange partners.

By: Marian Efe Ansah/citifmonline.com/Ghana

Comments

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

+