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Government must go beyond short-term fuel relief – COPEC

The Chamber of Petroleum Consumers (COPEC) has urged the government to look beyond temporary interventions to cushion consumers against rising fuel prices, warning that short-term relief measures alone cannot resolve Ghana’s persistent petroleum price challenges.

Government must go beyond short-term fuel relief – COPEC

The Chamber of Petroleum Consumers (COPEC) has called on the government to move beyond temporary measures to address Ghana's ongoing fuel price issues. Mr. Duncan Amoah, COPEC's Executive Secretary, stated this in an interview on Joy FM's Midday News. COPEC's call comes in response to the government's decision to extend its GH¢2 per litre diesel price intervention.

While Mr. Amoah acknowledged the relief as beneficial for consumers, he emphasized that it's merely a short-term fix and requires complementary long-term solutions. He pointed out that while the government is taking some steps to mitigate the issue, other crucial areas have seen little to no action. Therefore, COPEC proposes a comprehensive approach to petroleum pricing that would lessen the impact of global price volatility and other domestic factors on pump prices.

The aim, according to Mr. Amoah, should be to implement lasting measures that safeguard consumers against future fuel price spikes.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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