Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA), has assured Ghanaians of government\u2019s effort to ameliorate the effect of the rising prices of petroleum products at the pumps in Ghana.<\/p>\n
\u201cThere is going to be heavy sacrifices on the part of government, NPA, and everybody so that together, we can move our country forward,\u201d he added.<\/p>\n
The CEO intimated that the total amount of tax that goes to the central government on a liter of fuel is around 1.90 cedis which may not be that significant to the individual consumers given the recent frequent rising cost of fuel on the international market.<\/p>\n
On the flip side, he said \u201cthis, will be a huge revenue loss to government because that amounts to a loss of GH\u00a24 billion and over on government revenue side yet, everybody wants their road to be tarred\u201d.<\/p>\n
Dr Mustapha Abdul-Hamid however alluded to genuine demands of Ghanaians on government to provide one facility or the other for the people, albeit in this same times that government will be bleeding from its revenue points.<\/p>\n
Dr Abdul-Hamid said these when he paid a visit to the Western Regional Minister, Kwabena Okyere Darko-Mensah as part of his familiarization tour in the region.<\/p>\n
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\u201cI am here to familiarize myself with the operations at Atuabo Gas Plant, CEPS among others,\u201d he said.<\/p>\n
Kwabena Okyere Darko-Mensah, Western Regional Minister, was happy about the visit.<\/p>\n
He noted that \u201cNPA, is known to handle the pricing of petroleum product; the space to manage is difficult, especially where we are expecting crude oil prices around, $61, and now we are looking at $120 per barrel, it becomes very difficult and a lot of Ghanaians do not seem to know or appreciate\u201d.<\/p>\n
\u201cAll the taxes that government has put in place are very little. You have a problem with such situation, whether to take off these taxes and stop development or keep it and do development and people will cry\u201d.<\/p>\n
\u201cYou should find a way to get our message directly to the people for them to know that in the budget it\u2019s only 60 but currently, the price is 120. If we decide to go and borrow money or cushion Ghanaians, no matter what, we will still pay! We are going to pay\u201d.<\/p>\n
He added that \u201clet Ghanaians know how prices are changing and how it is affecting the real price that we need to pay; if you cannot buy the petrol, definitely, there should be alternative to use as it is done in other countries\u201d.<\/p>\n
\u201cWe, at a Regional Coordinating Council (RCC) we do acknowledge the problem that you have been encountering, such as illegal bunkering of petroleum product; you need to come and visit these communities and then engage them rather than arresting them so that the other people will know that what they are doing is wrong,\u201d Mr. Darko-Mensah said.<\/p>\n
\u201cIf the NPA dissociate themselves, on this issue, it will continue to come up. If you engage and invest in some kind of corporate social responsibility programs, it will do us a lot of good,\u201d he said.<\/p>\n
Responding, the NPA Boss announced that this year\u2019s Consumer\u2019s Week will be held in Takoradi.<\/p>\n
\u201cSo, we will come back and do proper engagement with the people\u201d.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA), has assured Ghanaians of government\u2019s effort to ameliorate the effect of the rising prices of petroleum products at the pumps in Ghana. \u201cThere is going to be heavy sacrifices on the part of government, NPA, and everybody so that together, we can move our […]<\/p>\n","protected":false},"author":1,"featured_media":1032076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[5417,1121,225,6018,3408,169,1312,1225],"class_list":["post-1032075","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-consumers","tag-effect","tag-govt","tag-hikes","tag-petroleum","tag-price","tag-reduce","tag-working"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1032075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1032075"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1032075\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1032075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1032075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1032075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}