Hedging won't stop fuel price hikes – BDCs boss

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• KB,LONDON 9 years ago

  Did the CEO offer any reasons for such claim? If hedging will not reduce oil price volatility, what then will? Ghana needs wise people that do NOT ONLY identify problems BUT find solutions. It is shameful that people get paid ...
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  Did the CEO offer any reasons for such claim? If hedging will not reduce oil price volatility, what then will? Ghana needs wise people that do NOT ONLY identify problems BUT find solutions. It is shameful that people get paid every month for specific responsibilities but do not do any work.

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• kwasi 9 years ago

  that is the only reson we have issue in Ghana a oil producing contry

  that is the only reson we have issue in Ghana a oil producing contry

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• Whatever 9 years ago

  I still cannot fathom why state has not retaking over from these BDCs the supply and sale of petroleum products to Ghanaians now that we are producing oil. Are we going to allow these exploitative BDCs to continually spit in ...
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  I still cannot fathom why state has not retaking over from these BDCs the supply and sale of petroleum products to Ghanaians now that we are producing oil. Are we going to allow these exploitative BDCs to continually spit in our spaces despite the fact that we are producing oil in the name of Ghanaians? Why is the Greedy BDCs so obsessed with world market price increases and not reduction?

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• SUNKWA 9 years ago

  THE PROBLEM IS THE SPACE ALLOWED IN THE CURRENT SCHEME FOR RACKETEERS TO RUN THE PETROLEUM ECONOMY. THE NPA AND THE POLICY LEADERSHIP HAVE YET TO ASSUME CONTROL OF THE FACTORS BEHIND THE PRICE MANIPULATIONS. UNTIL THEY DO, TH ...
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  THE PROBLEM IS THE SPACE ALLOWED IN THE CURRENT SCHEME FOR RACKETEERS TO RUN THE PETROLEUM ECONOMY. THE NPA AND THE POLICY LEADERSHIP HAVE YET TO ASSUME CONTROL OF THE FACTORS BEHIND THE PRICE MANIPULATIONS. UNTIL THEY DO, THE PRICE HIKES WILL DEFY THE HEDGEBOOK. WHAT TO DO, YOU ASK?
  
  MARKET FORCES WORK WITHIN BOUNDARIES AND EFFECTIVE REGULATORY CONTROLS. OUR SYSTEMS ARE TOO LOOSE AND PROTECTIVE OF THE PLAYERS!
  
  IMPROVE TRANSPARENCY, INFORMATION AND ACCOUNTABILITY BACKED BY SANCTIONS ON THOSE WHO BREACH THE RULES AND THE CONSUMER WILL BE SAVED FROM SHYLOCK EXPLOITATION!
  
  AS THINGS STAND, THE BUREAUCRATS IN CHARGE OF THE SYSTEM HAVE NO CLUE WHY THEY ARE IN THEIR OFFICES; HENCE THE 'EXCUSES' AND 'EXPLANATIONS' WHY THINGS REMAIN OUT OF CONTROL. (IT'S ALL MADE WORSE AS THEY ARE 'SEEN' REGULARLY WITH GREENBACKS TO FURTHER DISORGANIZE THEIR FACULTIES). I BET SOME FOLKS AT THE NPA CANNOT TELL THE DIRECTION TO THEIR HOME VILLAGE ANYMORE; THAT'S HOW BAD IT GETS!

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• kwasi 9 years ago

  SINCE MAHAMA AND NDC CANT MANAGE THE SUPLLY OF FUEL IN GHANA WHICH IS OIL PRODUCING COUNTRY WE MUST RELAY ON THE NIGERIAN BROTHER JOHNATAN GOOD LUCK

  SINCE MAHAMA AND NDC CANT MANAGE THE SUPLLY OF FUEL IN GHANA WHICH IS OIL PRODUCING COUNTRY WE MUST RELAY ON THE NIGERIAN BROTHER JOHNATAN GOOD LUCK

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