Gov't did so well that fuel prices are not worse - Peter Amewu

Gov't did so well that fuel prices are not worse - Peter Amewu

The Minister of Energy, Mr Peter Amewu, believes that the recent hike in fuel prices would have been worse if not for the interventions of the government.

Mr Amewu indicated the government saw it fit to mitigate the hardship on Ghanaians.

According to the initial report from Starrfmonline.com, Mr Amewu hoped that Ghanaians would know the true picture of affairs and be thankful of the government's contributions.

He cited among other things, the reduction of the Special Petroleum Tax from 17.5% to 13% as contributing to keeping prices within the Ghanaian's purchasing power. He said the Akufo-Addo-led government deserved this credit.

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Gov't did so well that fuel prices are not worse - Peter Amewu

According to the Energy Minister Peter Amewu, prices of fuel would have been worse but the government intervening
Source: UGC

Mr Amewu is quoted as saying: "Without government intervention…prices today, would have been GH¢5.54 per litre for petrol and GH¢5.55 per litre for diesel.”

“So, what it means is that the price we are paying today, if the Mahama-led administration is still in force, you’ll be paying quite close between 9-10percent higher than the current prices that Ghanaians are paying.

“I think it’s time you give this government the recognition for caring for the people of this country."

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Petrol and diesel are selling currently at GH¢5.18p and GH¢5.14p per litre respectively.

The politics surrounding fuel prices are as old as Ghana's fourth republic. Successive governments have been known to campaign on reducing prices although Ghana is mostly under the mercy of international fuel trade.

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