Fuel Price Hikes In Ghana Scares Van Vicker; Says He Is Shaking
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The hike in fuel price has scared Van Vicker.
Van in a post-Newshuntermag.com has seen said he is shaking because of fuel prices increment in Ghana.
“Fuel price to go up in Ghana again? I am shaking oo. Wow! Where we want pass now? #fuel #ghana,” he wrote in a post on Instagram.
Van Vicker’s post comes after the projected increment of fuel price in Ghana a few days ago.
Petrol prices were projected to go up by GH¢1.24/litre which is an 11.41% increase, the price of diesel may increase by GH¢1.43/litre depicting a 12.93% increase.
The Chamber of Petroleum Consumers Ghana (COPEC) in a press release explained what is accounting for the anticipated price hikes.
“Current Crude prices are at $124.96/barrel, resulting in processed Petroleum Products of $1,451.25/MT of petrol and $1,289.97/MT for diesel, coupled with further depreciation of the exchange rate of $1:GH¢8.0483 and the government’s applicable tax rebate of 15 pesewas per litre still in place till the end of June 2022”.