Business News of Tuesday, 15 March 2022
Source: www.ghanaweb.live
2022-03-15How social media users have reacted to fuel price projections
Fuel price increases
Fuel prices to hit GH¢11
COPEC hints at further increment in fuel price
Fuel currently sold at GHC8.490 per liter
One may have noticed irregular price hikes in products on the food market alongside other products and services.
Paramount amongst them is the skyrocketing hike in fuel.
The inconsistent price of fuel seems
Read full articleto have taken a toll on motor and vehicle owners since they have to pay more in order to use their cars.
Some vehicle owners have hinted at alternative options – resort to public transport – should there be further increments.
Some people have taken to Twitter to share their frustrations on the increasing hike in fuel prices.
Some Ghanaians could not hide their anger as they unleashed a huge part of it on the ‘economic messiah’, Dr. Mahamudu Bawumia.
Pump price currently stands at GHC8.490 at some private fuel stations.
Meanwhile, the president of Ghana, Nana Addo Dankwa Akufo-Addo has said that Ghana is not the only country facing such difficulties.
According to him, fuel prices must go up due to rising crude prices.
The Bulk Oil distributors also stated that, the new pricing window which begins on March 16, will see fuel prices selling up to as high as GH¢11.
Read how Ghanaians are lamenting below