The Minister of Information, Stephen Asamoah Boateng, has denied reports that government has a hand in the delayed announcement of fuel price reviews.
Analysts have been anticipating an upward adjustment in fuel prices following the rising cost of crude oil on the world market but that has not happened, raising concerns about a deliberate government connivance with the regular body.
The National Petroleum Authority (NPA) has been blamed for the delay with reports of a planned delay to perhaps factor into its programmes how government would deal with the price increases which is putting pressure on the economy.
Speaking to Joy News, Mr Boateng said a committee has been set to develop a programme to handle the issue. He however failed to give options available to the committee.
Mr Boateng denied any government discussion with the NPA over the announcement of new fuel prices, but expressed conviction that the regulatory body had taken the right decision.
An official at the NPA, Nii Larbi, in a separate interview with Joy News confirmed his organisation had been holding on with the new prices of fuel giving reason of a possible disruption in the event of a government intervention.
Meanwhile, Information Minister, Stephen Asamoah Boateng, has reacted to a suggestion by the Trade Union Congress (TUC) for an equitable tax system which caters properly for luxury goods.
Mr Boateng said government is already initiating moves to widen the tax net, informing its decision to introduce the “Talk Time Tax.”
Under the tax system which was given Presidential assent in April, six per cent of the charge for the use of communication services will go into government coffers as tax.
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:
Latest Stories
-
Global AIDS Strategy 2031: African leaders urge stronger support for community-led HIV responses
16 minutes -
Weave Ghana Limited unveils new Mega Growth packaging, launches ‘Obaasima 2X’ in Kumasi
24 minutes -
KGL Group renews GHs20m 2-year sponsorship Agreement with GFA under auspices of Sports Ministry
24 minutes -
Let’s not spend our money abroad; let’s invest domestically – Richard Nii-Armah
25 minutes -
CJ suspension: Why I don’t agree that Mahama followed due process – Ex Deputy A-G
28 minutes -
Flights cancelled in Portugal and Spain due to power cut
32 minutes -
NPP, other political parties notify police of May 5 demonstration
50 minutes -
NPP has a chance to win 2028 election if… – Bawumia
1 hour -
Adwumawura initiative will be inclusive, youth-led and Ghanaian-owned – Pres Mahama
1 hour -
Women must embrace full digital migration to grow SMEs – MTN Ghana CFO
1 hour -
Mahama calls for international partnership in Adwumawura Programme to tackle unemployment
1 hour -
ECG’s Ashanti Sub-Transmission Cable Maintenance team works to restore power in A/R
1 hour -
The dreams of Ghanaian youth deserve support – Mahama
2 hours -
Galamsey: Generational Rights Protection Society protests for stronger action
2 hours -
Matilda Asante-Asiedu appointed BoG 2nd Deputy Governor
2 hours