The Chamber of Petroleum Consumers (COPEC), Ghana has expressed fears that fuel prices may not go down this week as expected.
Deputy Minister of Information had disclosed that petrol prices will go down by 5.8% (five point eight percent) due to a dip in the prices of the finished products on the international market.
But Executive Secretary of COPEC, Duncan Amoah in an interview with GBC’s Radio Ghana, indicated that there is every possibility that a price stabilisation and recovery levy of 12 pesewas for petrol and 10 pesewas for diesel will be fully restored into the price build up.
This he said means that potential reduction at the pumps will be virtually wiped away by the re-introduction of this levy.
