{"id":175926,"date":"2024-04-27T08:36:23","date_gmt":"2024-04-27T08:36:23","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/04\/27\/lpg-marketers-slam-government-over-new-taxes\/"},"modified":"2024-04-27T08:36:23","modified_gmt":"2024-04-27T08:36:23","slug":"lpg-marketers-slam-government-over-new-taxes","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/04\/27\/lpg-marketers-slam-government-over-new-taxes\/","title":{"rendered":"LPG marketers slam government over new taxes"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Liquified Petroleum Gas (LPG) Marketers Association has expressed concerns over the government\u2019s strategy to boost LPG consumption, citing that continuous tax introductions will hinder this goal.<\/p>\n<p>Their statement comes in response to the National Petroleum Authority\u2019s (NPA) recent imposition of a new tax on LPG as part of the revised pricing structure, effective April 1, 2024.<\/p>\n<p>The Association strongly criticised this move, particularly condemning the addition of $80 per metric ton (MT) as part of the suppliers\u2019 premiums, specifically designated for Bottling Plant and Cylinder Investment Margins.<\/p>\n<p>They argued that this imposition was unjustifiable and indicated the Authority\u2019s disregard for the decline in consumption since 2021.<\/p>\n<p>During a Point Blank interview on Eyewitness News on Citi FM, Gabriel Kumi, the Vice President of the Association, emphasised that the government cannot expect to both increase LPG consumption and introduce more taxes, likening it to wanting to \u201chave its cake and eat it too.\u201d<\/p>\n<p>He said that would deter people from consuming the product.<\/p>\n<p>\u201cYou can\u2019t eat your cake and have it. You can\u2019t set such laudable objectives and at the same time you keep piling taxes on the product to push away consumers.\u201d<\/p>\n<p>\u201c\u2026There\u2019s no way you can continue piling taxes on the product and at the same time expect to achieve an increment in consumption,\u201d he stated.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Liquified Petroleum Gas (LPG) Marketers Association has expressed concerns over the government\u2019s strategy to boost LPG consumption, citing that continuous tax introductions will hinder this goal. Their statement comes in response to the National Petroleum Authority\u2019s (NPA) recent imposition of a new tax on LPG as part of the revised pricing structure, effective April [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":175927,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-175926","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LPG marketers slam government over new taxes - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/04\/27\/lpg-marketers-slam-government-over-new-taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPG marketers slam government over new taxes - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Liquified Petroleum Gas (LPG) Marketers Association has expressed concerns over the government\u2019s strategy to boost LPG consumption, citing that continuous tax introductions will hinder this goal. 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