{"id":1033782,"date":"2022-03-25T06:04:33","date_gmt":"2022-03-25T06:04:33","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/03\/25\/15-pesewas-per-litre-reduction-in-fuel-price-woefully-inadequate\/"},"modified":"2022-03-25T06:04:33","modified_gmt":"2022-03-25T06:04:33","slug":"15-pesewas-per-litre-reduction-in-fuel-price-woefully-inadequate","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/03\/25\/15-pesewas-per-litre-reduction-in-fuel-price-woefully-inadequate\/","title":{"rendered":"15 pesewas per litre reduction in fuel price woefully inadequate"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Concerned Drivers Association of Ghana is disappointed at government\u2019s decision to reduce the price of petroleum products by 15 pesewas per litre.<\/p>\n<p>The association contends that the amount is woefully inadequate.<\/p>\n<p>The Finance Minister announced the reduction which is expected to take effect from the April 1 for three months as part of measures put in place by the government to cushion Ghanaians against current economic shocks.<\/p>\n<p>In a <strong>Citi News<\/strong> interview, the Public Relations Officer of the Concerned Drivers Association of Ghana, David Agboado, said the 15 pesewas is not welcomed.<\/p>\n<p>\u201cThe last time we increased transport fares fuel was sold at GHS 7.99, as it stands, it is GHS 10. 90 pesewas, and the best intervention government could come up with was to absorb only 15 pesewas.\u201d<\/p>\n<p>\u201cWe would have been better off if government hadn\u2019t touched it at all.\u201d<\/p>\n<p>Already, commercial drivers are pushing for another 20% increase in transport fares to cushion them against the current fuel prices although their last fare increase was only in February this year.<\/p>\n<p>Prices of petroleum products have skyrocketed within the last few days.<\/p>\n<p>Diesel is currently selling between GH\u00a210 and GH\u00a211 per litre, while the price of petrol has\u00a0<span style=\"color: #666699;\"><strong>crossed the GH\u00a29 mark at some fuel stations<\/strong><\/span>.<\/p>\n<p>This has led to an upsurge in general prices. A recent report released by the Ghana Statistical Service noted that petroleum and food prices are the major driving forces of inflation in Ghana in recent times<\/p>\n<p>Fuel prices in Ghana will\u00a0<span style=\"color: #666699;\"><strong>go down by 15 pesewas per litre<\/strong>\u00a0<\/span>effective April 1, 2022. This reduction will be in place for three months, according to Finance Minister, Ken Ofori-Atta.<\/p>\n<p>\u00a0<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"VjOm-3CmL_w\"><iframe loading=\"lazy\" title=\"A comparative analysis of recent fuel price hikes in Ghana and across the world  | CNR\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/VjOm-3CmL_w?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Concerned Drivers Association of Ghana is disappointed at government\u2019s decision to reduce the price of petroleum products by 15 pesewas per litre. The association contends that the amount is woefully inadequate. The Finance Minister announced the reduction which is expected to take effect from the April 1 for three months as part of measures [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1033783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[599,6609,3829,3830,169,2544,6610],"class_list":["post-1033782","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-fuel","tag-inadequate","tag-litre","tag-pesewas","tag-price","tag-reduction","tag-woefully"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1033782","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=1033782"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1033782\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1033782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1033782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1033782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}