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Stop fuel price deregulation now –  Petroleum Union

July 9, 2015
Reading Time: 2 mins read
Petroleum prices will go up by only 3% – NPA

Moses Asaga is NPA boss

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The General Transport, Petroleum and Chemical Workers Union (GTPCWU) is asking government to stop the full deregulation of petroleum prices in the country.

Government at the beginning of June gave the Oil Marketing Companies (OMCs) the autonomy to price petroleum products in Ghana.

According to the (GTPCWU), government has through the move put the fate of Ghanaians into the hands of OMCs.

[contextly_sidebar id=”cAiPghLoYkpwZbY417ZBHR3zIKxUUlJk”]GTPCWU added that the OMCs have since the implementation of the full deregulation regime increased three times which amounts to 30.16 saying “it is unacceptable and must be condemned.”

Bemoaning the situation, GTPCWU called for a system that will institute a petroleum pricing mechanism that would take into consideration the standard of living of workers.

In an interview with Citi News, the General Secretary of GTPCWU, Francis Sallah indicated that government should as a matter of urgency withdraw the power given to the OMCs and revert to the old system of petroleum pricing.

“We are asking that as a matter of urgency, let the NPA continue to do its job. Let them be the regulator as they were before, we shouldn’t endorse the full deregulation system,” Francis Sallah added.

“We also know that the IMF is dictating all this. If they were doing things very well, would they have been sacked from other countries? Why should we admit them into our country and now they are coming to run how we move or how we carry ourselves. We don’t think it is fair. Ordinary Ghanaians are suffering. It is just becoming too much and we need to revert to as it used to be before so that the ordinary Ghanaian on the street can have his or her peace of mind.”

–

By: Godwin A. Allotey/citifmonline.com/Ghana

Follow @AlloteyGodwin

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