The recent hikes in fuel prices have left many Ghanaians worried and disheartened, calling on the government to help reduce them, including the seasoned Ghanaian actor and producer, Van Vicker.
The veteran actor and businessman, in a post on his Instagram page on Wednesday, June 15, 2022, expressed his shock at hearing that the prices of fuel have been increased again in Ghana.
According to him, the increment has made him shake.
“Fuel price to go up in Ghana again? I am shaking oo. Wow! Where we want pass now?” he wrote.
Petrol prices are expected to rise by GH1.24/litre, representing a 11.41 percent increase, while diesel prices are expected to rise by GH1.43/litre, representing a 12.93 percent increase.
The Chamber of Petroleum Consumers Ghana (COPEC) issued a press release explaining the cause of the expected price increases.
“Current Crude prices are at $124.96/barrel, resulting in processed Petroleum Products of $1,451.25/MT of petrol and $1,289.97/MT for diesel, coupled with further depreciation of the exchange rate of $1:GH¢8.0483 and the government’s applicable tax rebate of 15 pesewas per litre still in place till the end of June 2022,” COPEC explained.
Isaac Donkor Distinguished