Petrol Prices To Go Up

Reliable information indicate that the government has finally plucked-up the bulldog courage and will be announcing fuel price ? increases very soon.

The increase, according to the DAILY GUIDE, will be the second by the two-year-old government.

This is meant to primarily deal with the close to ?3 trillion Tema Oil Refinery (TOR) debt, the interest which is crippling government finances and affecting development.

Hon. Kan Dapaah, Energy Minister, announced recently that, the government has only two choices: either to increase ex-pump prices or take money earmarked for social programmes to help subsidise fuel prices.