The Chamber of Petroleum Consumers (COPEC-GH) Ghana has cautioned the government of Ghana must eradicate taxes on petroleum products in the coming weeks.
Executive Secretary of COPEC-GH, Duncan Amoah stated on Tuesday October 11 “it is our belief that government will, as a matter of urgency, reduce the tax levels to absorb the increases in prices of crude and products on the world market to prevent any frightening increases in pump prices.
The call follows a projected tramp in petroleum prices across fuel stations in Ghana due to an increase in crude prices across the globe.
Government of Ghana announced a reduction in marine gas oil by at least 20 per cent. The aviation fuel cost was also reduced by 25 per cent earlier in June and the chamber has lauded government’s efforts in reducing the prices of those fuels.
He added, two reduction efforts give Ghanaians and for that matter the chamber of petroleum consumers, the confidence and an indication of every possibility of gov’t adjusting downwards in same vein, the levels of taxes on petrol and diesel to cushion both private and commercial road users.
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