Audio By Carbonatix
The Chamber of Petroleum Consumers (COPEC) has urged the government to look beyond temporary interventions to cushion consumers against rising fuel prices.
He warned that short-term relief measures alone cannot resolve Ghana’s persistent petroleum price challenges.
In an interview on Joy FM's Midday News, COPEC Executive Secretary, Duncan Amoah, said the reported extension of the government’s GH¢2 per litre intervention on diesel is a welcome development, particularly for consumers who would otherwise have faced a sharp increase in pump prices.
However, Mr Amoah stressed that the relief comes at a cost to government and should therefore be accompanied by measures aimed at finding lasting solutions to fuel price pressures.
“Whilst government continues to mitigate the plight of the Ghanaian, we should also be thinking medium- to long-term solutions to these persistent increases in fuel prices,” he said on Monday, August 31.
He noted that the government appears to be pursuing some measures to address the problem, but said there are other areas where little or no action has been taken.
Mr Amoah therefore called for a broader approach to petroleum pricing that would reduce the vulnerability of consumers to sharp movements in international prices and other factors affecting the domestic pump price.
He said the objective should be to move beyond repeatedly providing temporary relief whenever fuel prices surge and instead implement sustainable measures that can protect consumers in the longer term.
Latest Stories
-
Stylen Boy’s ‘Adole’ featuring Kurl Songx hits No. 1 on Ghana iTunes
2 minutes -
CBG’s assets rise to GH¢17.86bn as deposits, revenue and equity grow in 2025 – SIGA Report
5 minutes -
KNUST SHS considers slashing admissions over infrastructure deficit
9 minutes -
GEXIM Bank’s capital adequacy ratio rises to 75.3% in 2025 – SIGA Report
13 minutes -
CPC’s revenue plunges 47% as net loss widens to GH¢144m — SIGA
13 minutes -
Ghana Water turns GH¢3.06bn loss into GH¢635.23m profit in 2025 – SIGA Report
15 minutes -
Challenging Heights rescues 25 trafficked children from Lake Volta in weekend operation
29 minutes -
‘Nobody has any video of me embarrassing myself’ – Afenyo-Markin on ‘extortion’ allegation
36 minutes -
Government listening to ordinary Ghanaians with diesel relief – Duncan Amoah
36 minutes -
Photos: Manya Krobo Ngmayem Festival turns 133
47 minutes -
Government must go beyond short-term fuel relief – COPEC
48 minutes -
‘Revive traditional values to fight plastic pollution’ – EPA CEO
52 minutes -
Mahama’s administration is Ghana’s worst ever – Amin Adam
60 minutes -
BSIFF 2026 puts local language cinema at the centre of African film conversation
1 hour -
MMFL makes strong showing at 2026 JoySports Invitational
1 hour