Audio By Carbonatix
The Ghana Private Road Transport Union (GPRTU) is requesting that government scraps about six taxes and levies in the petroleum sector amidst concerns of a rise in fuel prices.
National Communications Officer, Abass Moro, has listed the special petroleum tax, BOST margin levy, energy sector recovery levy among the taxes that government should remove.
This comes after President Akufo-Addo granted approval to zero the Price Stabilisation and Recovery Levies on petrol, diesel, and LPG for a period of two months to cushion players in the energy sector from the impact the consistent rise in petroleum products will have.
But according to the Union, the President's directive is simply not enough to cushion commercial drivers from the difficulties they are facing as a result of increased fuel prices.
Meanwhile, the Oil Marketing Companies (OMCs) and the National Petroleum Authority (NPA) have indicated that prices of fuel will be adjusted upwards by at least 7 per cent at the pumps come Saturday, October 16.
Tonight on PM Express Business Edition, host, George Wiafe engaged with Chairman of Parliament's Finance Committee, Kwaku Kwarteng to find out if the current circumstance calls for the removal of some taxes on petroleum products as suggested.
Latest Stories
-
Portugal had over 40 staff in Qatar 2022 – GFA justifies expanded Black Stars Technical team
12 minutes -
NHIA donates GH¢800k to Ghana Medical Trust Fund to support NCD patients
24 minutes -
NDC begins nationwide membership registration today with new party register
33 minutes -
NDC’s Ayawaso East vote-buying probe committee set to submit findings today
39 minutes -
Ghana Medical Trust Fund assesses regional hospitals ahead of NCD care rollout
46 minutes -
Offinso MP blames Mahama gov’t for cocoa sector challenges
1 hour -
Baba Jamal’s recall not targeted, decision based on allegations – Kwakye Ofosu
1 hour -
Ayawaso Zongo chiefs caution NDC against cancelling Ayawaso East primary
1 hour -
COCOBOD failed to deliver over 330k tonnes of cocoa in 2023/24 season – Randy Abbey
1 hour -
Baba Jamal denies vote-buying claims, cooperates with NDC probe into Ayawaso East primary
1 hour -
COCOBOD in its most fragile state in nearly eight decades — CEO Randy Abbey
1 hour -
The dichotomy of living with mental and chronic illnesses
1 hour -
Offinso MP urges COCOBOD to be frank with farmers over cocoa sector challenges
2 hours -
Ghana shifts debt strategy towards multilateral, bilateral funding in 2025
2 hours -
Projects with extractive-sector funding: Civil society groups raise alarm
2 hours
