'Callous' fuel hikes 'unacceptable'; Akufo-Addo 'clueless, deceitful' – NDC





2.9.19



The main opposition National Democratic Congress (NDC) has described the recent surge in the prices of petroleum products at the pumps as “unacceptable” and called on the government to immediately scrap the recent increases in the Energy Sector Levies.





A statement signed by the party’s National Communication Officer, Mr Sammy Gyamfi, said: “Ghanaians woke up on Monday, 2 September 2019 to an announcement of yet another escalation in the prices of petroleum products by the Akufo-Addo government.


This follows a directive by the state regulator, the National Petroleum Authority, to Oil Marketing Companies to commence the application of what the government calls ‘revised Energy Sector Levies’, which were earlier announced by the Finance Minister, Ken Ofori-Atta in his 2019 mid-year Budget Review. “What this means is that the price of both petrol and diesel have been increased by GHS0.20 per litre.


These latest increases translate into the reality that under this callous and clueless Akufo-Addo government, Ghanaians will now have to purchase a litre of petrol for GHS5.39 and a gallon of same for almost GHS25.00 at the pump”, the statement said.


According to the party, even though the Akufo-Addo administration has benefitted most from the Energy Sector Levies (ESLA) which the then-opposition New Patriotic Party (NPP) demonised and threatened to scrap upon winning the2016 elections, the administration has shown little for it, except mismanage and misapply to revenue.



“It is worth noting that the Akufo-Addo government has realised more revenue from the petroleum sector than any other government in Ghana’s history. In terms of oil revenue alone, this government in 2017 and 2018 accrued GHS2.3 billion and GHS4.5 billion, respectively, with a projected GHS6 billion for 2019, all as a result of the huge investments made by the erstwhile Mahama/NDC administration in the oil and gas sector.


Obviously, with this amount of revenue coming from oil production alone, and given the reckless mismanagement of ESLA proceeds by the Akufo-Addo government, there is absolutely no justification for any increase in Energy Sector Levies”.