Government reacts to court ruling against NPA

Accra, Dec. 12, GNA - Government on Monday pledged its support to the National Petroleum Authority (NPA) to take the necessary steps to implement the deregulation policy to reflect market conditions. "It is in this regard that the Government supports the NPA's motion for stay of execution and appeal against a recent Accra High Court ruling against the NPA."

The pledge was contained in a statement issued in Accra by Mr Emmanuel Armah Kofi Buah, Deputy Minister of Energy. "The Government believes that the issue of petroleum subsidies must be dealt with by clearly explaining to Ghanaians why the costly subsidies ultimately do more harm to the development of the nation and hold back the effort to alleviate the level of poverty in Ghana." It said the Government had taken note '