{"id":82954,"date":"2015-01-16T14:37:53","date_gmt":"2015-01-16T14:37:53","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=82954"},"modified":"2015-01-16T14:36:40","modified_gmt":"2015-01-16T14:36:40","slug":"npa-must-reduce-fuel-prices-acep","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=82954","title":{"rendered":"NPA must reduce fuel prices &#8211; ACEP"},"content":{"rendered":"<p>Energy Think Tank African Centre for Energy Policy(ACEP) has said it is disappointed by refusal of \u00a0the National Petroleum Authority (NPA) to reduce fuel prices after its bi-monthly review.<\/p>\n<p>According to ACEP, the NPA is destroying the confidence of the consumer in its activities with the continuous failure to reduce prices.<\/p>\n<p>Two weeks ago, government announced a\u00a0<a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/12\/31\/fuel-prices-down-by-10\/\" target=\"_blank\"><span style=\"color: #333399;\"><strong>10 percent reduction<\/strong> <\/span><\/a>in\u00a0 fuel prices after <a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/12\/30\/npa-must-reduce-fuel-prices-afag\/\" target=\"_blank\"><span style=\"color: #333399;\"><strong>pressure<\/strong> <\/span><\/a>from various political and pressure groups.<\/p>\n<p>A press statement issued by the NPA indicated that the decision to review fuel prices forms part of efforts \u00a0to \u201creflect falling prices of petroleum product on the world market.\u201d<\/p>\n<p>However in its latest price review released today [Friday], the NPA maintained fuel prices.<\/p>\n<p>Speaking in an interview with <strong>Citi News,\u00a0<\/strong>the Director of Programmes at the ACEP, Benjamin Boakye said the NPA&#8217;s decision to maintain prices of fuel is not advisable.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/03\/petrol-GH.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3058\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/03\/petrol-GH.jpg\" alt=\"petrol GH\" width=\"480\" height=\"320\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/03\/petrol-GH.jpg 480w, https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/03\/petrol-GH-300x200.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><\/p>\n<p>\u201cI think that it is very disappointing that the NPA decided not to reduce prices further. We still continue to see prices drop on the world stage and for whatever reason we are still holding to a certain margin&#8230; that is not good enough\u201d<\/p>\n<p>He therefore asked Ghanaians to put more pressure on government to reduce fuel prices.<\/p>\n<p>\u201cI think the media has a role play, society has a role to play, and even the political parties have a role to play\u2026.When issues of this nature prop up all of us have to jump in and push for the right thing to be done,\u201d he suggested.<\/p>\n<p>\u201cOnce you are managing, it deosn\u2019t mean that you own the people. When they have to benefit from a reduction, there has to be a reduction so that people can also enjoy it,\u201d he added.<\/p>\n<p>There have been several calls for the NPA to further reduce fuel prices.<\/p>\n<p>President Mahama however believes the introduction of a mitigation levy will <a href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/01\/07\/mahama-proposes-mitigation-levy-on-petroleum-products\/\" target=\"_blank\"><span style=\"color: #666699;\"><strong>cushion consumers<\/strong><\/span><\/a> of petroleum products when the price of crude begins to rise.<\/p>\n<p>&#8211;<\/p>\n<p>By: Marian Efe Ansah\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy Think Tank African Centre for Energy Policy(ACEP) has said it is disappointed by refusal of \u00a0the National Petroleum Authority (NPA) to reduce fuel prices after its bi-monthly review. According to ACEP, the NPA is destroying the confidence of the consumer in its activities with the continuous failure to reduce prices. Two weeks ago, government [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[38,4],"class_list":["post-82954","post","type-post","status-publish","format-standard","hentry","tag-palaver-newspaper","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/82954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82954"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/82954\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}