Social commentator has mockingly said the ruling NPP’s mantra, ‘breaking the 8’ ahead of the 2024 polls suggests a a litre of fuel will cost more than GHS8 before the year ends.
His comment follows an increase in fuel prices with Ghanaians paying around Gh¢7.49 for diesel and Gh¢7.15 for petrol for a litre of fuel.
Total, one of Ghana’s most popular fuel stations, has already implemented the price hikes, with a litre of diesel costing Gh¢7.490 and petrol costing Gh¢7.130.
Shell and other gas stations across the country have begun to modify their pricing in response.
The IES predicted a 6.2 percent increase in Brent and a 9.78 percent increase in gasoline prices, respectively.
“As a result of the positive worldwide price shift, customers should expect an increase in local fuel costs in the near future.” Fuel costs are expected to grow from 6.70 pesawas to 7.49 cedis per litre at the pumps this year, according to the institution, which issued a warning four days ago
A-plus who has become an avid critic of the government wrote, “When NPP say they are breaking the 8, it means a litre of Fuel will be more than 8 cedis before the year ends.”
Source: GhanaFeed.com