Fuel price increase unacceptable - ISODEC

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OLANDO 11 years ago

PREZ MAHAMA, PLEASE NO FREE FUEL WITH ELECTRIC EFFECT. WE ARE ALL EQUAL.

PREZ MAHAMA, PLEASE NO FREE FUEL WITH ELECTRIC EFFECT. WE ARE ALL EQUAL.
OSEI TAWIAH 11 years ago

NDC behave like Ghanaian prophets, they know how to collect money but don't know how to deliver. If you stay with them, you will remain poor forever while they enjoy with the wives and children.

NDC behave like Ghanaian prophets, they know how to collect money but don't know how to deliver. If you stay with them, you will remain poor forever while they enjoy with the wives and children.
shemale mahama must resign 11 years ago

MAHAMA MUST RESIGN,HE IS NOT THE LEGITIMATE PRESIDENT.

MAHAMA MUST RESIGN,HE IS NOT THE LEGITIMATE PRESIDENT.
ITS GOOD NEWS 11 years ago

Now people cannot pay to come and dwell in kumasi. They should stay in their vilages and praise mahama for their reword.

Now people cannot pay to come and dwell in kumasi. They should stay in their vilages and praise mahama for their reword.
DAN 11 years ago

done with ground nut oil or other vegatable oil or even used oil from cars and trucks

done with ground nut oil or other vegatable oil or even used oil from cars and trucks
Before & After 11 years ago

They don't buy fuel so they don't understand how the ordinary Ghanaian is feeling. They are all the same. All political parties are the same: the umbrella, the elephant, the guinea fowl, the chalewote, the pickaxe party , etc ...
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They don't buy fuel so they don't understand how the ordinary Ghanaian is feeling. They are all the same. All political parties are the same: the umbrella, the elephant, the guinea fowl, the chalewote, the pickaxe party , etc... are all the same. When in power they think their actions are good for the nation but when in opposition they say they they are saints. I'm waiting for the foot soldiers to come out and speak against or in favor of it.
Kwaku 11 years ago

Where were you when subsidized fuel is been smuggled outside ghana? let us all feel the pain

Where were you when subsidized fuel is been smuggled outside ghana? let us all feel the pain
Kofi 11 years ago

Is it anyone's paid responsibility to ensure nothing illegal crosses the border?

Is it anyone's paid responsibility to ensure nothing illegal crosses the border?
SAY IT AS IT IS! 11 years ago

Sorry to say, such a fool like this one of our so called Dr. Steve Mantteaw, and his think tank, should by now know that in all the world around us even those with heavily populated people have come to see the reality it is o ...
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Sorry to say, such a fool like this one of our so called Dr. Steve Mantteaw, and his think tank, should by now know that in all the world around us even those with heavily populated people have come to see the reality it is only a few in society who use this product that much of the budget is used for.
I am sure this fool has two cars in the house. His wife driving around while the poor people who can't even buy gas to cook.
We need as a people to stop the blame game and talk reality and let the many that know nothing to know that our world is a chaning world. As the population is growing, we need to think out of the box, and be senseble in our thoughts.
It is a pity that those in society who are to know better are those who talk as if they can not think.
VOICE FROM AFAR. 11 years ago

Oh Ghana always pointing fingers. We must act together now. when Ivoriens disagree with an increase in petrolium products the whole nation was on strick including the drivers, pasengers, fuel stations. We need to start such a ...
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Oh Ghana always pointing fingers. We must act together now. when Ivoriens disagree with an increase in petrolium products the whole nation was on strick including the drivers, pasengers, fuel stations. We need to start such against the gorverment irrespective of what political patty you come from. workers stay home. That will bring the ears of the gorverment down to listern.
Nana,Legon 11 years ago

BRAAAVVVVOOOO! WELL SAID BUT REMEMBER....GHANAIANS ARE COWARDS N CANT ACT,SIMPLE.DATS OUR BIGGEST PROBLEM

BRAAAVVVVOOOO! WELL SAID BUT REMEMBER....GHANAIANS ARE COWARDS N CANT ACT,SIMPLE.DATS OUR BIGGEST PROBLEM
May 11 years ago

Prez. Mahama pls stop giving the ministers free petrol, free rent and tax free. It is never done in any developing countries, that is why they are moving on well. My message to you is learn good things to help your country fr ...
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Prez. Mahama pls stop giving the ministers free petrol, free rent and tax free. It is never done in any developing countries, that is why they are moving on well. My message to you is learn good things to help your country from others.
Nana,Legon 11 years ago

FUNNY TALK.....HOW CAN A THIEF WHO'S ABT TO STEAL U HAVE MERCY?//

DEMRIFA DUA!!!!

FUNNY TALK.....HOW CAN A THIEF WHO'S ABT TO STEAL U HAVE MERCY?//

DEMRIFA DUA!!!!
Kofi Asaase Asa--- Mantukwa 11 years ago

What I do not understand is this question:

why is it that, in 'Less Developed' or 'developing countries' like ours, Ghana, any increment in prices starts from percentages not less than 20?

Whilst I do have any problem ...
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What I do not understand is this question:

why is it that, in 'Less Developed' or 'developing countries' like ours, Ghana, any increment in prices starts from percentages not less than 20?

Whilst I do have any problem with price increases,I have very huge problems with 'Fuel Price Increases', and at times, I think it is either the government is overbold or the economic advisers are so inept and cheap that they do not apply their 'basic or elementary' knowledge of Economics, Demand and Supply, in their economic decisions .

Some time ago, in one of my comments on an article on this forum on the 'Three Wisemen', appointed by President Mahamah, I used these two words: 'Effectiveness and Efficiency'.
I went further to apply the techinque of cost/benefit analysis.

Why should the government increase the price of fuel by 20%?

Did the government take into consideration,the perfectly in-elastic demand elasticity for this product and its ripple effect on the economy when its price is increased or decreased?

Why did the government not increase the price of this produce gradually or incrementally over a given period of time? For example, 5% over a period of every six months, at least.

What the government should know is that, fuel is a resource, and rent is a price, the price of land.

Why should the government hike up the rent allowances of parliamentarians and pass over the cost to ordinary man in the street in the form of increase in fuel prices?

Really my conclusions are that,

Either this government is over-bold and ignorant or is made up of cheap, inept and in-experienced economic advisers, whose main goal is 'window dressing' or stealing from 'Peter to pay Paul'.

Ghana is in a big mess. Ghana is in crisis!
Kofi Asaase Asa--- Mantukwa 11 years ago

Lets I forget, and this is precisely what I wanted to suggest or add to my comment on this exorbitantly lump sum 20% increase in fuel prices.

For example, the minimum wage in United States of America is currently $7.25 pe ...
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Lets I forget, and this is precisely what I wanted to suggest or add to my comment on this exorbitantly lump sum 20% increase in fuel prices.

For example, the minimum wage in United States of America is currently $7.25 per hour. The Obama government ackowleging that this price for labor is unreasonably low, and in its attempt to raise the price to $9.00 per hour, did not, out of the blue, announce this $9.00 increase to take effect immediately, but instead suggested this increase to be spread over a period of about three or four years. That is sound economic policy. a wise policy, because it took into consideration the effect of this price for labor on businesses and employers.

The question is:

Why did these economic advisers in Ghana,not emulate such policies, instead of boldly and insensitively, jumping the increase to 20%, with immediate effect.

The government should have thought and considered the welfare of the people, and spread this 20% increase over a reasonable period of time , for example, 5% increase in every six months, over a period of four years?

Please lets have a sound economic policy!
Nana,Legon 11 years ago

SOUND POLICY INDEED!!!! EII DEY BEE K3K3,PPLE NO YET DIE....WE GO CHOP K3K3

SOUND POLICY INDEED!!!! EII DEY BEE K3K3,PPLE NO YET DIE....WE GO CHOP K3K3
The Mask 11 years ago

IDIOTS !!!! Fix your refinery and the fuel will be available almost at cost of the refining in Ghana. OH NO, best to let it stand idle and purchase from Nigeria and pay top dollar. Does anyone think rational in this country?

IDIOTS !!!! Fix your refinery and the fuel will be available almost at cost of the refining in Ghana. OH NO, best to let it stand idle and purchase from Nigeria and pay top dollar. Does anyone think rational in this country?
DAN 11 years ago

Let somebody run it for profit and no shortages...Instead of leaving if for Mp's children and whores to work there wathing the clock pass while doing nothing

Let somebody run it for profit and no shortages...Instead of leaving if for Mp's children and whores to work there wathing the clock pass while doing nothing
papa yaw 11 years ago

you juys when will you stop this silly talk now in ghana people are buying big 4x4 people have 3 4 cars
bc ghana fuel is cheap people smuggle them for profit gvt must use this subsidy to build good roads like accra nkawnkaw ...
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you juys when will you stop this silly talk now in ghana people are buying big 4x4 people have 3 4 cars
bc ghana fuel is cheap people smuggle them for profit gvt must use this subsidy to build good roads like accra nkawnkaw road tks
speak out 11 years ago

I think these so-called NGOs jumpt into anything. Steve is not an Economist neither is Bishop. Anytime there is an issue, intead o ISODEC taking its time, they come out and just say anything. I think it is time a NGO si set u ...
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I think these so-called NGOs jumpt into anything. Steve is not an Economist neither is Bishop. Anytime there is an issue, intead o ISODEC taking its time, they come out and just say anything. I think it is time a NGO si set up to also monitor the use of Donor funds by NGOs and to hold them accountable.
anayomi 11 years ago

FOR RAISING PETRO PRICES WHICH RASIE PRICES OF ALL GOODS AND SERVICES IN GHANA PLUNGING OUR ECONOMY TO A HOLE
WITH HIS STUPID VOODO ECONOMICS

FOR RAISING PETRO PRICES WHICH RASIE PRICES OF ALL GOODS AND SERVICES IN GHANA PLUNGING OUR ECONOMY TO A HOLE
WITH HIS STUPID VOODO ECONOMICS
Researcher 11 years ago

THIS GOVERNMENT IS CITING SMUGGLING AS ONE OF THE REASONS FOR FUEL PRICE INCREASE. THOSE WHO ALLEGEDLY CAME FROM TOGO TO VOTE NDC SHOULD SIT AND THINK.

THIS GOVERNMENT IS CITING SMUGGLING AS ONE OF THE REASONS FOR FUEL PRICE INCREASE. THOSE WHO ALLEGEDLY CAME FROM TOGO TO VOTE NDC SHOULD SIT AND THINK.
BABA FUSEINI 11 years ago

enjoy the people u voted into power

enjoy the people u voted into power
samuel 11 years ago

N.D.C GOV'T MUST REVIEWED WHAT THEY PROMISE AND THINK ABOUT THE NATION GHANA NOW, NOT EVEN THE 1/4 OF THE YEAR AND SEE WHAT IS HAPPEN IN COUNTRY.HAVE ALOUD SO CALLED WOYOAME TO TAKE SUCH A HUGE SUM OF MONEY. OH MR N.D.C

N.D.C GOV'T MUST REVIEWED WHAT THEY PROMISE AND THINK ABOUT THE NATION GHANA NOW, NOT EVEN THE 1/4 OF THE YEAR AND SEE WHAT IS HAPPEN IN COUNTRY.HAVE ALOUD SO CALLED WOYOAME TO TAKE SUCH A HUGE SUM OF MONEY. OH MR N.D.C
Ametor Aholu 11 years ago

They need more money to steal and distribute to woyome. They also have to steal money to pay dubious debts to enrich themselves. Stop the noise. Next time don't vote the pepe ni who does not know how our gold and cocoa money ...
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They need more money to steal and distribute to woyome. They also have to steal money to pay dubious debts to enrich themselves. Stop the noise. Next time don't vote the pepe ni who does not know how our gold and cocoa money are made. He should go and follow cows in the north.
KB 11 years ago

Who is the government?The government repesents the citizens who elected it. The gambit which the government is taking is zero. In the first
place, government is not supposed to be in crude and refined oil business. In a capi ...
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Who is the government?The government repesents the citizens who elected it. The gambit which the government is taking is zero. In the first
place, government is not supposed to be in crude and refined oil business. In a capitalistic and democratic society, government is supposed to tax and provide infracstructures. Our government must not subject the citizens to undue harm by taxing them too much. It can spread the tax by using several methods as did in the old days of colonialistic regime. Secondly, by subsidizing the prices of gasoline we are giving the well-to-do Ghanaians more power. They drive the most--going to work, visiting their spouses or boys and girl friends, going to their villages, etc. Which country, if democratic, would subsidize the rich at the expense of the poor? The poor which makes a larger percentage of the population in Ghana pays a smaller portion of petroleum bill. If the government subsidize the people in Ghana it will fall on the well-to-do not the poor. ISODEC you are wrong.
Barima Yaw 11 years ago

true

true

Fuel price increase unacceptable - ISODEC

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