Prime News Ghana

Oil marketing companies fight govt’s fuel price reduction directive to GOIL

By George Nyavor
Oil marketing companies fight govt’s fuel price reduction directive to GOIL
Oil marketing companies fight govt’s fuel price reduction directive to GOIL
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Oil marketing companies in Ghana have faulted a directive by the government to state-owned GOIL to reduce fuel prices by 15 pesewas.

The umbrella body for oil marketing companies in Ghana, the Association of Oil Marketing Companies (AOMC) has said its 175 members want the government to rescind the directive to GOIL to reduce the price of petrol and diesel per litre.

In a short statement signed by Industry Coordinator, Kwaku Agyemang-Duah, the Association said the directive contravenes the tenets of the deregulation regime.

READ ALSO: Fuel reduction: GOIL to lose GH¢9M monthly – COPEC

Following agitation and a sit-down strike by trotro drivers on Monday, December 6, 2021, the government directed the GOIL to reduce the price of fuel at the pumps by 15p.

Driver unions have been complaining about the increase in fuel prices due to the myriad of taxes levied on a litre of the commodity.

Oil marketing companies want the directive reversed.