Ghanaians to pay more for fuel at the pump from today

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Fuel consumers in Ghana will from today (16 October ) pay between GHS6.88 (1.13 dollars) and GHS7.11(1.17 dollars) for a litre of both petrol and diesel .

This is per computation contained in a press statment by the Association of Oil Marketing Companies (OMCs) on Friday.

A litre of both petrol and diesel currently sells at GHS6.52.

The National Petroleum Authority (NPA) on Monday announced the government’s decision to suspend the Price Stabilization and Recovery Levy (PSRL) one of the tax components making the petroleum price build-up.

This has, however, not been implemented because Ghana’s parliamentarians are currently on recess.

It means Ghanaians would have to pay for the Price Stabilisation and Recovery Levy until a formal communication from NPA has been done.

Below is the press statement

PRESS RELEASE – CLARITY ON PURPORTED REMOVAL OF THE PRICE STABILISATION AND RECOVERY LEVY ON PETROL AND DIESEL – THE AOMC VIEW.pdf

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