The National Petroleum Authority (NPA) says it has reduced fuel margins from 17 pesewas To 9 pesewas per litre.
According to the NPA, the reduction takes effect from Wednesday, May 5, 2021.
In a communique sighted by Thinknewsonline.com, it said "The 17 pesewas per litre increase in fuel margins previously announced by the NPA has been reduced to 9 pesewas per litre effective tomorrow Wednesday 5 the May 2021"
Present at the meeting held at the Ministry of Energy earlier today were; the Hon. Minister for Energy, the National Petroleum Authority (NPA), the Association of Oil Marketing Companies (AOMCs), Bulk Oil Storage and Transportation Co Ltd (BOST), the Chamber of Petroleum Consumers (COPEC) and the Institue for Energy Policies and Research (INSTEPR).
Background
It will be recalled that some scores of Ghanaians registered their displeasure over the increase in fuel prices.
Ghanaians took to social media to protest against the increase in prices.
Below is a copy of the communique:
Story by: Joshua Kwabena Smith