The LPG Marketing Companies Association in the Republic of Ghana is calling on the government to remove all taxes on the Liquefied Petroleum Gas.
The Association argued that “the product which used to be subsidized has its price build-up been constituted of more than 23% taxes now.”
Government of Ghana through the petroleum downstream regulator, the National Petroleum Authority, is implementing Cylinder Recirculation Model, which is seeking to increase domestic and industrial LPG consumption by at least 50% by 2030.
However, in a statement signed by Justice Adu Mante, secretary of the association, the LPG Marketers Association said considering the saturated market of the product, the only way to increase use is by creating access for new users.
The removal of taxes, the association says, “will significantly bring down the cost of the LPG and make it possible for the ordinary Ghanaian to afford it.”
Below is the full statement