Member
of Parliament and Communications Director of the opposition New
Patriotic Party(NPP), Nana Akomea says government should be blamed for
the current fuel price hikes.
Contributing in a panel discussion
programme on Accra-based Asempa FM on Monday, Nana Akomea chided
government for the 20% increment in petroleum prices which he believes
will invariably affect the prices of commodities in the country.
According
to him, the fuel price increases will reflexively cause transport fares
and pricing of market products to shoot up. This he believes will
overburden the underprivileged in societies in the country.
He explained that the “disturbing” situation has arisen as a result of the devaluation of the Ghanaian currency.
“There
has been a drastic depreciation in the cedi as against the dollar
rate,” he said, stating that the dramatic changes in the exchange rate
have called for the percentage rise in the pricing of petroleum
products.
He further said that though government has no control
over the price increments in the supply of oil from foreign countries,
it however has the propensity to ensure that the dollar rate appreciates
the country’s currency; adding that the fuel prices would not have
increased by such high percentages if government had taken the necessary
steps to expeditiously strike equal balances in the exchange rate.
|
| |
|
|
|
|
No comments:
Post a Comment