Audio By Carbonatix
Ghanaians on social media platform, Twitter, are not excited about news that price for a litre of fuel will hit GH¢11 from Wednesday.
According to the Bulk Oil Distributors, this is due to the volatility on the market as well as the rising cost of crude on the international market.
According to the Chief Executive, Senyo Hosi, the cedi which is depreciating in relation to other major trading currencies is also a cause of the rise in the price of fuel.
Many twitter users believe this would worsen their economic conditions as commercial drivers are very likely to revise transport fares upwards once again to cushion them from the high cost of fuel.
International crude oil prices are now easing...
But Ghana uses automatic adjustment tariffs when international #FuelPrice goes up only...
We have seen it under NDC's #JDM and under NPP's Addo D during the covid
So y'all know what to expect now🤦🤦🤦— John Persky-pliers (@johnpersky) March 15, 2022
Ampa🤣🤣#ghanaVsNigeria #Ghana #Timowerner#FuelPrice #daterush pic.twitter.com/hzFw3RpusL
— Fameye's Lawyer (@KingGomez100) March 15, 2022
Recently, commercial drivers increased transport fares by 15%.
Among those bemoaning the high cost of fuel in the country is rapper Sarkodie, who has noted that he will stay indoors and make "zoom calls only."
Staying indoor when I touch down GH … Zoom calls only … #FuelPrices
— Sarkodie (@sarkodie) March 15, 2022
Eigh we beg 🤣🤣🤣🤣🤣 pic.twitter.com/SqJ8zxXE75
— Ron-Nie (@harmoneLee) March 14, 2022
Chale Ghana ayɛshi sɛ kubey angwa herh! #FuelPrice
— Bojo (@BojoBeardo) March 15, 2022
Gradually, Ghana is gettin’ deep sixed. #FuelPrice
— Snoball (@Antwi_Boasiako_) March 15, 2022
We have to see this reflect in the #FuelPrice in Ghana 😂😂😂. We are hoping though 😂🤣 https://t.co/pJ8LbcN0yu
— Bestbrain🥇 (@Bestbrainnn) March 15, 2022
Fuel prices are expected to go up soon!
— Marvy Brain (@marvy_brain) March 11, 2022
Breaking the 9!
Let’s start riding horses and donkeys #Ghana #saveghana #fuelprice #fuelhikes
Latest Stories
-
Nearly half of Africans consider emigrating as jobs, poverty drive migration — Afrobarometer
28 minutes -
Nations FC drawn against FC Diarra in CAF Confederation Cup debut
30 minutes -
Osei-Asare urges Mahama to review Cocoa Board Bill, warns against misuse of parliamentary majority
31 minutes -
Government’s galamsey fight would make fallen helicopter crash victims proud – Paa Kwesi Schandorf
32 minutes -
DR Congo begins Ebola and cholera screening for 255 passengers after Congo River boat incident
33 minutes -
NPP presents petition to Supreme Court, Jubilee House over alleged arbitrary arrests, selective justice
37 minutes -
US Senate committee votes to hold Fauci in contempt over Covid hearing
40 minutes -
Empowering grassroots women for clean energy and Ghana’s sustainable future
41 minutes -
CAF Champions League: Medeama to face 5-time winners T.P Mazembe in preliminary round
45 minutes -
Ghana Navy boosts boat-handling capabilities through EU SWAIMS partnership
50 minutes -
Eight injured after Toyota Hiace somersaults on Tema–Akosombo highway
52 minutes -
Ghana EXIM Bank’s industrialisation strategy takes shape as Northshore Apparel Hub prepares for launch
1 hour -
Africans reject choosing sides as China, US compete for influence – Afrobarometer
1 hour -
Economic hardship pushing more Africans to consider leaving their countries – Afrobarometer report
1 hour -
Only 13% of Africans have heard of AfCFTA as support for free trade surges to 62% – Afrobarometer
1 hour