Business

Goil Slashes Fuel Price By 15 Pesewas

State-owned Ghanaian oil and gas marketing company, Goil has reduced the price of a litre of fuel to GHC6.700.

The directive which is believed to have come from the president took effect Tuesday, December 7, 2021, after a meeting with the leadership of the Ghana Private Road Transport Union (GPRTU) yesterday, December 6.

The reduction took place a day after commercial drivers staged a sit-down strike in parts of the country as a result of rising fuel prices in the country.

Drivers suggested that the government scrap some of the taxes on fuel which include; energy debt recovery levy, the Road fund levy, Energy sector levy, Sanitation levy, and Special petroleum levy.

The Chamber of Petroleum Consumers Ghana (COPEC -GH) has welcomed the reduction by Goil but fears that the move of the government could be detrimental to the state company.

Source: opemsuo.com/Hajara Fuseini

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