Audio By Carbonatix
The Ghana Private Road Transport Union (GPRTU) has strongly criticised the National Petroleum Authority (NPA) for swiftly reintroducing the Price Stabilisation and Recovery Levy on petroleum products.
GPRTU argues that drivers and commuters did not benefit from the suspension of the levy, as it was reinstated barely a week after suspension.
They assert that this move will exacerbate the already challenging situation for commuters, as it has resulted in higher prices for petroleum products.
In an interview with Citi FM on Thursday, April 4, the Public Relations Officer for GPRTU, Abbas Imoro, urged the NPA and the government to reconsider their decision in light of its adverse impact on commuters.
“It is surprising that we have fought over that and was accepted and within three days or two days, it has been withdrawn. Because if you can remember, some time back, we fought over some of the taxes which we said should be taken off from the price build-up.
"So if today the government heard or understood or listened to us and said yes, I have taken off this price stabilisation levy because it doesn’t stabilise any price, and just for the government to withdraw it in about two days, it is surprising.”
On April 4, 2024, the National Petroleum Authority (NPA) issued instructions to all Oil Marketing Companies and associated stakeholders to impose a levy of 16 pesewas per litre on Petrol, 14 pesewas per litre on Diesel, and 14 pesewas per kilogramme of Liquefied Petroleum Gas.
This decision came after the NPA had announced a suspension of the levy on Monday, April 1.
The reintroduction of the levy has sparked anger among the public, with some questioning the rationale behind the initial suspension notice.
Latest Stories
-
Ghana’s reliance on Dubai for gold exports leaves cedi exposed as Iran conflict disrupts trade
13 minutes -
Build genuine relationships beyond politics – Chief of Staff urges Ghanaians
26 minutes -
Cabinet approves new round of SIM registration exercise
27 minutes -
Ghana urges Commonwealth support for UN resolution on transatlantic slave trade
31 minutes -
TUC urges action on women’s rights, workplace protections on International Women’s Day
39 minutes -
Leadership of Cashew Watch Ghana engages TCDA CEO to advance sector growth
40 minutes -
Ghana’s gold crossroads: Why global pressure is real, but a coup is still unlikely
43 minutes -
24-Hour Economy Secretariat targets 160k jobs under new energy transition MoU
45 minutes -
Ada West Education Directorate intensifies policies to reduce teenage pregnancy
49 minutes -
We are in final stages of setting up Women’s Development Bank – Mahama
54 minutes -
IWD: Invest more in women for national development – Fisheries Minister
1 hour -
CLOGSAG begins indefinite nationwide strike over delayed conditions of service today
1 hour -
Educational orientation worsening youth unemployment in Ghana – Asiedu Nketia
1 hour -
Middle East War: Gov’t must turn oil price gains into relief for the poor
1 hour -
Iran war: Import addiction threatens Ghana’s economic stability – Economist
2 hours
