Ghanaians have taken to social media systems Facebook and Twitter in order to cry over the recent walk in prices of gas at the pump which reached effect as a result of government income drive for economic recuperation.
Checks by MyNewsGh. possuindo indicate that fuel cost has shot up by almost 13% at the pump subsequent government’s introduction of new fees and levies amounting to 45pesewas on fuel costs.
A trending image verified from Shell filling up station indicates price modifications from an average of Ghc5. forty two to Ghc6. 13 in the pump.
Some energy believe tanks such as The Institute regarding Energy Security (IES) plus COPEC had asked the federal government to withdraw the new fees on petroleum products to provide respite to Ghanaians amongst the covid-19 hardship in the land.
In a statement, the IES said the amended margins include the BOST Margin, the main Distribution Margin (PDM), Energy Marking Margin (FMM) as well as the Unified Petroleum Price Account (UPPF) Margin.
For the UPPF Margin, GHp3 per litre is added on many liquid products except for Premix fuel, MGO Foreign, Gasoil Mines, Gasoil Rig, in addition addition of GHp3 for each kilograms on LPG.
The particular PDM has also been increased in order to GHp11 per litre associated with Petrol, Diesel and Kerosene. The Fuel Marking System has seen an increase of up to 167% from GHp3. 00 per litre in order to GHp8. 00 per litre for all liquid products.
The particular BOST Margin has also documented an increment of fully from GHp6 to GHp12 per litre. This brand new increase for BOST is certainly coming on the back of the initial 100% increase, through GHp3 to GHp6 for each litre barely eleven (11) months ago.
The IES said it finds the newest amendments in the various Margins as a nuisance and insensitive to the Ghanaian petroleum customer, particularly as the impact from the Covid-19 pandemic is still experienced by the majority of Ghanaians.
Resource: MyNewsGh. com/2021
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