The opposition National Democratic Congress (NDC) is demanding an immediate reduction in fuel prices as the price of crude oil falls on the world market.
In a statement copied to Joy News, the party’s National Communications Officer, Sammy Gyamfi said they have taken notice of the drop in Brent crude prices by over 45 percent.
The commodity from an average price of $63.60 per barrel in January is currently selling at $36 per barrel.
“There is no gainsaying the fact that the declining prices of crude oil on the international market, coupled with the artificial stability of the Ghana cedis appears to be chalking, which is largely due to the coronavirus outbreak and the injection of the recent #3 billion Eurobond into the economy, should have led to a significant drop in the pump prices of fuel by now,” the statement said.
Read the full statement below: