Effective Monday July 14, 2014, consumers of petroleum products would have to pay at least 20 percent at the pumps, according to figures from the National Petroleum Authority (NPA).
The price of petrol (premium) has gone up by 23.08 percent. This means a litre of the commodity, which currently sells at GH¢2.73 per litre, from Monday, will sell at GH¢3.36.
Kerosene’s price has shot up by 23.75 percent and diesel by 22.01 percent.
Diesel currently sells at 268.00 pesewas per litre and the increment means that the new price will be 327.00 pesewas.
The price of premix fuel has also increased by 25.60 percent translating to GH¢1.57 per litre.
Meanwhile, the price Liquefied petroleum gas (LPG) will from Monday increase by 15.68 percent, up from GH¢3.32 per litre.
Below is the complete list of the revised fuel prices from the NPA
REVISION OF EX-PUMP PRICES EFFECTIVE JULY 14, 2014
Ex-Pump Price – July 1, 2014 (GHp/Lt or Kg)
Reviewed Ex-Pump Prices for PBU Effective July 14, 2014(GHp/Lt or Kg)
Gasoil to Rig
Current Ex Pump Price – July 1, 2014 (US Cents/Lt)
Reviewed Pump Prices for PBU Effective July 14, 2014(US Cents/Lt)
Meanwhile, transport operators have announced a 15% increment in fares with effect from Monday July 14.
The new fare announced Saturday, was reached after consultations between the Transport Ministry and the transport operators represented by the Ghana Road Transport Coordinating Council (GRTCC).
A joint statement to that effect was issued by the General Secretaries of the Ghana Private Road Transport Union (GPRTU) and Ghana Road Transport Coordinating Council (GRTCC), Stephen K. Okudzeto and Alhaji Aliu Baba respectively.
The releases noted, the new transport fares cover intra-city (Trotro), inter-city (Long Distance) as well as Taxi Cabs.
The statement urged transport operators to strictly comply and charge only approved fares as well as publish them at the various transport terminals to avoid any confrontation with passengers.