Audio By Carbonatix
Former Minister of Power, Dr Kwabena Donkor, has criticised recent fuel price discounts offered by some oil marketing companies (OMCs), warning that the practice violates Ghana’s Uniform Petroleum Pricing Plan.
Speaking on Joy FM’s Super Morning Show on Tuesday, January 20, Dr Donkor argued that discounts applied at selected fuel stations contravene the law, which requires uniform pricing across an OMC’s entire network.
“What some OMCs are doing breaks the law, and there is a law on uniform petroleum pricing, and under that law, you must sell at the same prices across your networks. If you decide to discount, you should discount across the whole network. You cannot discount on selected filling stations,” he said.
He cautioned that selective price reductions could have adverse long-term consequences for consumers.
“When you do that, you create a situation where certainly one or two OMCs become so dominant that whenever they decide to change their prices, it will impact negatively on the consumer,” he explained.
Dr Donkor noted that such practices not only undermine regulatory guidelines but also risk distorting the market, to the disadvantage of operators who strictly comply with the uniform pricing regime.
His comments follow recent price reductions by the state-owned GOIL and private operator Star Oil at selected outlets, a development that has attracted public scrutiny.
Meanwhile, the Chamber of Oil Marketing Companies (COMAC) is expected to hold an emergency meeting on Wednesday, January 21, 2026, to agree on a common position regarding the Petroleum Price Floor Programme.
Read also: Dr Kwabena Donkor opposes fuel floor price at selected locations, calls for nationwide compliance
Read also: COMAC to hold emergency meeting on January 21 over fuel price floor policy
Latest Stories
-
NPP is not in a good place, vote for me for change – Kwabena Agyepong
1 minute -
Hollard Insurance expands presence with new Achimota Mall office
8 minutes -
Kwabena Agyepong vows to scrap retirement age for Supreme Court judges
9 minutes -
Call Kennedy Agyapong to order or forget peace pact – NPP Election Committee told
9 minutes -
Kwabena Agyepong launches ‘New Dawn Agenda’ ahead of NPP flagbearer vote with 6 core pillars
14 minutes -
Interior Ministry renews curfew imposed on Nkwanta township
16 minutes -
Court clears FDA to destroy illicit opioids intercepted at Tema Port
20 minutes -
You’re one of the best Interior Ministers – GIS Council Chair to Muntaka
22 minutes -
Asamoah Gyan says Black Stars pressure peaked against so-called minnows
28 minutes -
Democracy has not yielded expected outcomes – Kwabena Agyapong
42 minutes -
Tema Port key to blocking illicit arms flow into West Africa – Port Security
43 minutes -
Nigerian court strikes out charges against Sam Jonah, JonahCapital directors in River Park Estate dispute
44 minutes -
Minority urges Mahama to recall Ghana’s US Ambassador over alleged misconduct
47 minutes -
Four convicted, fined in KASTEC teacher assault case
50 minutes -
I can’t sing one line of Lumba or Kojo Antwi songs – Kofi Karikari
53 minutes
