Ghana's Fuel Price Hikes: MP Demands Answers on Levy Promise
Member of Parliament for Akuapem North, Sammi Awuku, has criticized the government over the recent increase in fuel prices. He questioned why Ghanaians continue to bear the burden despite earlier assurances that the Price Stabilisation and Recovery Levy would cushion consumers against fuel price shocks.
The NPA announced new price floors for the first pricing window of August, setting petrol at GH¢14.53 per litre and diesel at GH¢16.97 per litre, representing increases of 9.4% and 18.3% respectively over the previous pricing window.
Awuku argued that while government may attribute the latest increases to developments on the international oil market, previous pricing trends had raised questions about the effectiveness of the current pricing mechanism.