The prices of petrol in Ghana have been slashed by 17.17 per cent with immediate effect, reducing ex-pump prices from 0.99 to 0.82 Ghanaian cedis. The National Petroleum Authority (NPA) said gas oil (diesel) would sell at 0.89 Ghanaian cedis from 1.04, premixed fuel for fishermen will now sell at 0.44 Ghanaian cedis from 0.68 Ghanaian cedis while liquefied petroleum gas will now sell at 0.65 Ghanaian cedis from 0.84 Ghanaian cedis. The Chief Executive Officer of NPA, John Attafuah, said he expected transport fares to be reduced latest by Monday since the Ministry of Transportation and the Ghana Road Transport Coordinating Council had been told of the price reductions. Attafuah explained that the huge slash was in response to complaints from transport owners that “the minimal reduction strategy that we had adopted was not enough to give them room to adjust their fares”.
