Ghana's ruling party leader says a fuel tax will return after oil prices settle down. Johnson Asiedu Nketiah leads the National Democratic Congress and spoke about the tax plan Wednesday. The government had planned to add one cedi to fuel costs starting June 16. Strong protests from drivers and citizens forced officials to delay the tax. Nketiah claims the delay happened because of unstable oil markets.
Fighting between Israel and Iran had pushed oil prices higher around the world. A recent peace agreement has brought those prices back down to normal levels. Nketiah believes this creates the right conditions to bring back the fuel tax. He says Ghana needs the money to pay energy bills left over from the previous government. The former ruling party created huge debts that must be paid off.
The NDC chairman argues that fuel costs will still stay lower than before even with the new tax. He points out that gas prices fell from 17.5 cedis to around 10 or 11 cedis recently. Adding one cedi would bring the total to 12 cedis per liter. This amount remains well below the peak prices that drivers paid under the old government. Many citizens continue to worry about rising costs and economic problems across the country.
Fighting between Israel and Iran had pushed oil prices higher around the world. A recent peace agreement has brought those prices back down to normal levels. Nketiah believes this creates the right conditions to bring back the fuel tax. He says Ghana needs the money to pay energy bills left over from the previous government. The former ruling party created huge debts that must be paid off.
The NDC chairman argues that fuel costs will still stay lower than before even with the new tax. He points out that gas prices fell from 17.5 cedis to around 10 or 11 cedis recently. Adding one cedi would bring the total to 12 cedis per liter. This amount remains well below the peak prices that drivers paid under the old government. Many citizens continue to worry about rising costs and economic problems across the country.
