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Thursday, August 18, 2022

Blame external pressures for increasing oil prices- VEEP Bawumia

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Vice President Dr. Mahamudu Bawumia says external pressures are to blame for increasing oil prices in Ghana.
He said the price of petroleum products globally has nearly doubled from forty dollars per barrel in 2016 to the current rate of seventy eight dollars per barrel.
Speaking at the opening of the 2018 national policy summit in Tamale, he said government is mindful of the challenges confronting Ghanaians, adding that, stabilising inflation, increasing GDP and general macroeconomic stability is meaningless to the vulnerable and poor in society, but assure citizens that, they will soon see the impact of government’s effort.
The two day summit is under the auspices of the Ministry of Information.
According to the Minister of Information designate, Kojo Oppong Nkrumah, the policy summits are meant to provide a platform to engage citizens and stakeholders on government policies.
He explained that the policy summit is to provide the various ministries a common platform to engage citizens and stakeholders on the work they are doing and get feedback to improve their work.
Three summits have already taken place and the tamale edition is the forth in the series. The academia and civil society organisations are among the participants.
Government policies including the 1 District 1 Factory, one village one dam, Free Senior High Schools are the policies expected to be discussed over the course of the summit.
Story by Murtala Issah

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