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Business News of Sunday, 2 June 2013

Source: joyonline

Road Transport Operators outraged over fuel price increases

Road Transport Operators are expressing anger over the fuel price increases especially for not being consulted on the decision.

The National Petroleum Authority yesterday announced a 2 to 3 percent increase which took effect from today.

Whilst Premium is up by 3 percent, selling at 9 cedis 50p per gallon, Gas oil is up by 2 percent and also selling at 9cedis 50p per gallon whilst LPG, will now sell at 25 cedis per every 12.5 kilogram cylinder after a 3 percent hike in price.

But the General Secretary of the Ghana Road Transport Co-ordinating Council, Alhaji Aliu Baba explained to Joy News, it is most regrettable that the government has still not officially communicated to them.

He said several calls to his colleagues showed that none of the stakeholders in the transport industry was consulted prior to the decision. He added the new increases are not justifiable.

But Joy News checks reveals, the increases are yet to reflect at many fuel stations, as well as transport terminals in the capital.

Alhaji Aliu Baba said, they will, however, take up the matter with the NPA especially because they feel the increases are unacceptable.

Meanwhile, the Minister of state in charge of Private-Public Partnership Rashid Pelpuo has been justifying the increases.

He said the government needs to invest in other infrastructure like schools, roads and hospitals which will be on immense benefit to the Ghanaians.

He said the money that will be raised from the sale of fuel will be channeled into such investments.