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Business News of Wednesday, 7 February 2018

Source: kasapafmonline.com

COPEC-GH rallies drivers, workers for fuel demo today

They accuse government of not showing enough commitment to addressing the issue They accuse government of not showing enough commitment to addressing the issue

Hundreds of Commercial Drivers and Consumers of Petroleum products are set to hit the streets of the capital-Accra today over what they say is the persistent increases in the prices of petroleum products.

The protest is being organized by the Chamber of Petroleum Consumers(COPEC-GH) in collaboration with the Industrial and Commercial Workers Union(ICU).

An earlier statement released by the Chamber on Tuesday and signed by its Executive Secretary, Duncan Amoah said the street protest comes as a result of the worrying fuel hikes particular seen in the past five months with the corresponding hardships these increases had come with.

“Several press releases on the subject matter including a recent press conference addressed by the leader of the largest Workers Union in the Country-ICU, has so far yielded very little results as the increases continue unabated, with the most recent one being yesterday.

“Several attempts to draw the attention of authorities to the need to review the pricing formulae or build up and the taxes has equally not seen yielded any noticeable results including a petition on same matter submitted to the Presidency in the month of September 2017.” the statement noted.

The street protest, according to the Chamber will start from the famous Obra Spot at Kwame Nkrumah Circle in Accra through some major streets to the Accra Arts Centre following which another petition will be submitted to both the Ministries of Energy and Finace, The Parliament of Ghana, and the Office of the President.