• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022
    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report
    …for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women
    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa
    AfriMoney in complicity with Watu – an Asset FinTech disclose ‘Okada Bomba’ Promotion
    Initiative Launched to Enhance Food Security & Fight Climate Change in West and Central Africa
    Africa Continues to Lead in Mobile Money Adoption, With Over $403 Billion in Transactions, Report
    …as it strives to boost its Storage Facility, Kenya Pipeline Company (KPC) ventures to upgrade Facilities
    Ecobank Launches Leadership Training Programme to Support Women-Owned Businesses Across Africa

    President Akufo-Addo Stops Fuel Increment in Ghana

    Posted On 18 Dec 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    BY ANIN AGYEI-

    Gas Station
    Photo Credit: Mirabito

    NEW AFRICA BUSINESS NEWS, Accra- GHANA, RUMOURED fuel price increment by the National Petroleum Authority (NPA) at the fuel pumps has been halted through the intervention of the President of Ghana, Nana Addo Dankwa Akufo-Addo.

    The NPA had earlier on Monday morning, December 16, 2019, serve notice directing oil marketing companies to effect a 4 pesewa adjustment in the price of fuel.

    The development angered a cross-session of Ghanaians notable among them was the Chamber of Petroleum Consumers (COPEC) who issue a threat of legal action against the move by the NPA if the action is not withdrawn.

    “We have been informed that the President and the Chief of Staff have all intervened and the increment has been withdrawn,” the leader of COPEC, Mr. Duncan Amoah stated.

    Earlier, Mr. Amoah warned, “if by close of today (Monday) we don’t get any confirmation of withdrawal, they will face us in court tomorrow (Tuesday) morning.”

    “We cannot allow the illegality to stand. NPA has not suddenly become an authority that imposes taxes and so if you need to increase any margins or levies or taxes that would necessarily have to emerge from the finance minister, it would have to go to Parliament for debate, we will all have to have certain inputs if necessary,” he stated.

    Mr. Amoah said NPA don’t just wake up one morning and issue a memo instructing that people should collect more at the pumps because you have decided.

    “That clearly is unconstitutional, illegal and we intend to stop this anyway anyhow,” he indicated.

    www.newafricabusinessnews.com
    Africa’s Most Read and Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM.

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    President Weah Disclosed Liberia’s Preparedness for Continued World Bank Partnership

    Next Story

    African Development Bank, Pledges €20 million to Enhance Private Sector Competitiveness in Cape Verde

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and...commissioning in June of 2022

    Posted On 26 May 2022

    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report

    Posted On 23 May 2022

    ...for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women

    Posted On 21 May 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and...commissioning in June of 2022

    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report

    ...for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women

    Recent Posts

    • Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022
    • Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report
    • …for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women
    • Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    • Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.