Audio By Carbonatix
The National Petroleum Authority has downplayed the impact of the recent increase in the price of LPG on domestic consumers.
There have been suggestions many who use gas in cooking would be turned off by the 25 percent hike to go back to charcoal and firewood, thereby leading to a further degradation of the environment.
But Public Relations Manager, Steven Larbi explained to Joy Business government could not continue subsidizing the product if commercial drivers increasingly use it in their vehicles.
He said increasing the price of the product was the best alternative since taxi drivers for instance were abusing the subsidy put on the product to encourage domestic use.
He emphasized that despite the price hike, it was still economically sensible to use LPG for domestic purposes.
He maintained there was still some level of subsidy on the product.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Livestream: 2025 Year in Review on The Pulse
16 minutes -
Ho Central Mosque closed for 2 weeks amid leadership dispute
31 minutes -
31st December: Remembering the Spirit of Probity, Accountability, and the Renewed Call for Justice
32 minutes -
Mali and Burkina Faso impose travel ban on US citizens in tit-for-tat move
38 minutes -
Cyborg fined GH¢24k for discharging firearm during Asake meet-up
54 minutes -
Guinea junta chief wins presidential election by landslide
55 minutes -
Machu Picchu train crash leaves one dead and dozens injured
1 hour -
Heavy police presence in Sydney for New Year’s celebrations after Bondi attack
2 hours -
Ghana not experiencing ‘dumsor’ despite occasional outages – Analyst
2 hours -
ESLA stabilised energy sector but legacy debt remains major challenge – Analyst
2 hours -
Peter Obi dumps LP, defects to ADC
2 hours -
Proposed 5-Year Presidential Term Could Break Ghana Tradition of 8-Year Mandate
2 hours -
Ghana Airways technical completion paves the way for a triple threat economic reset
2 hours -
Cedi depreciation marked most disastrous period in Ghana’s economic management – Felix Kwakye Ofosu
2 hours -
Walewale, Bolgatanga police investigate deadly checkpoint shooting
2 hours
