Mahama's gov't can't control fuel prices - BDC Boss

Fuel prices have soared up close to 15 percent at various fuel stations in the country.

The new price adjustments though vary from one station to the other.

Shell pump station at Asylum Down disclosed there was a 50.5 pesewas increase in the price of petrol, up from 3 cedis 47.4 pesewas to 3 cedis 97.9 pesewas per litre; citifmonline reports.

Diesel prices have reportedly increased by 36 pesewas per litre.

Following the new fuel increments, host of Peace FM's "Kokrokoo" interviewed the Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi; who indicated that the current administration cannot control the impact of the oil price increments.

He revealed that previous administrations have all tried to stem fuel price increases but have failed in the process.

According to him, the Government of Ghana must however intervene and draw up a programme to check the mass transportation of fuel into the country.

To him, it is about time the government puts up a refinery in the nation to augment Ghana's oil discovery.

He also believes the fuel price fluctuations can be curtailed if the government works effectively to cut down the impact.

“You can’t control. In Rawlings’ time, it wasn’t possible. Kufuor’s time, it wasn’t possible. Atta Mills’ time, it wasn’t possible. Under this regime, it’s also not possible. So, you must know that this is the situation. So, what can we do? Mass transportation, what is government’s programme for it?

“As a consumer, I’m not speaking as CEO. No, I’m speaking as a Ghanaian.”