15481214

Source: Starrfmonline.com

Ghanaians must brace up to pay more for fuel at the pumps beginning today, November 20, as the 17.5% increment on petroleum products takes effect.

Finance Minister Seth Terkper during the presentation of the 2015 budget Wednesday, presented the new petroleum bill to Parliament under a certificate of urgency.

The bill was subsequently passed into law by the Majority in the House after the Minority stormed out of the debate in disagreement with the increment.

Speaking to Starr News’ Parliamentary Correspondent Kobyi Gomez Mensah, the Finance Minister said the increment is needed to support infrastructural development in the next fiscal year.

Under the new arrangement, Premium will see a rise of 3.04%, kerosene 2.85%, LPG -9.54%, while the price of Premix will remain the same.

Share Button

Post Your Comments >>

DISCLAIMER

The views expressed in comments published on GhanaFilla.net are those of the comment writers alone. They do not represent the views or opinions of GhanaFilla or its staff, nor do they represent the views of any entity affiliated with GhanaFilla. Comments are automatically posted; however, GhanaFilla reserves the right to take any comment down at any time. Please report any inapropriate or abusive comments to us so we can take them down.