Ghanaians Lament Over Rising Cost Of Fuel

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Ghanaians are lamenting bitterly over the frequent hikes in petrol and diesel prices and blaming the Government for failing to do more to lessen their hardship.

And some of the lamentations could be seen and read on some social media spaces where many consumers are venting their anger at the government after TotalEnergies adjusted its fuel prices at the pump by 10 pesewas.

Some went to the extent of sharing a video of the then-presidential candidate but now the current President, Nana Akufo-Addo, accusing the John Mahama-led administration of being insensitive by constantly increasing fuel prices and promising to reduce fuel prices if he got the opportunity to serve as President.

Others are of the view that the current administration has not kept faith with Ghanaians as promised by President Akufo-Addo when he was the largest political opposition leader.

Consumers were expecting a reduction in fuel prices due to the removal of the Price Stabilisation and Recovery Levy (PSRL).

However, that expectation has become wishy-washy as prices of petroleum products are witnessing an upward adjustment.

As of Friday, only TotalEnergies had adjusted their pump prices, and energynewsafrica.com understands the other OMCs are likely to adjust their prices during the weekend.

As at Saturday morning , Brent crude oil was trading at $82.74 while WTI was selling at $81.27

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Source: https://energynewsafrica.com