Energy Minister, John Peter Amewu, says Ghanaians should be grateful to “caring” President Nana Addo Dankwa Akufo-Addo and the NPP government for controlling prices of petroleum products.
According to him, prices of fuel would have been GHC 5.54 per litre for petrol and diesel for GHC 5.55 if former president John Dramani Mahama was in power today.
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The Minister said they have intervened through tax interventions such as the reductions in Excise duty on petroleum products in March 2017, Petroleum Special Levy from 17.5 to 15 since they took office.
Mr Amewu made this known at a press conference on the recent fuel price hikes that have hit the nation.
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Peter Amewu says the interventions by President Akufo-Addo have caused government to lose revenue of 232 million dollars.
On whether the Special Petroleum Tax will be scrapped by government as promised in opposition, a deputy Minister of Energy, Dr Amin Adam said they were reviewing the situation with the finance minister and will communicate their decision later.
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He added that the energy ministry will continue their discussions with the finance ministry on the SPT to minimize its impact on Ghanaians.