Fuel price hikes surprising to us all – Minister

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Deputy Transport Minister Joyce Bawa Mogtari says a 9 per cent hike in
fuel prices has "come as a huge surprise to us all."
Speaking to Joy News, the Deputy Minister said the hikes have come as
a result of government's implementation of the deregulation policy.
A few things have also changed; prices of importation, prices of crude
have inched up slightly.
This has called for a review of the current rates and prices of
petroleum products," she added.
Her comments, Sunday, were to officially confirm the Myjoyonline.com
report about a 9per cent fuel price, Saturday night.
Per the new prices petrol will be selling at 3 Ghana cedis 33 pesewas
per litre up from the current price of 3 Ghana Cedis 5 pesewas.
Diesel will also be selling at 3 Ghana cedis 24 pesewas up from the
old price of 2 Ghana cedis 97 pesewas per litre.
A kilogram of LPG is expected to be sold at 2 Ghana cedis 88 pesewas
from the old price of 2 Ghana cedis 64 pesewas.
MGO Local is also expected to go up from 2 Ghana cedis 71 pesewasto 2
Ghana cedis 96 pesewas.
The new prices have come as a shock to some commercial drivers who
claim they were not informed before the announcements were made.
The Deputy Transport Minister however said government had been
engaging with commercial drivers over the years.
She said the sector minister will convene a meeting with the
executives of the commercial transport associations in order to fix
prices that will be accepted by all.
She said by Wednesday new prices will be provided to the commercial
drivers. She said government is working very hard to reduce the burden
of the price hikes on the people.
"Government is working very hardto provide alternative means of
transport" to commuters she indicated.
Source: myjoyonline.com