Fix TOR and BOST to cushion consumers from fuel price hikes – COPEC – Citi Business News
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Fix TOR and BOST to cushion consumers from fuel price hikes – COPEC – Citi Business News


Summary short_text

As fuel prices continue to rise at the pumps, the Chamber of Petroleum Consumers says the situation will not change until institutions like the Tema Oil Refinery and the Bulk Oil Storage and Transportation Company Limited run at full capacity.

Beyond reviewing a number of petroleum taxes and levies COPEC described as a nuisance, Duncan Amoah, the Executive Secretary of the chamber, said these two institutions remain the only safety nets that can save consumers from the impact of constant increments in fuel prices.

Fuel prices at the pumps shot up from GHS6.05 to GHS6.23 over the weekend, an increase that many consumers have expressed concerns over.


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