Kum Yen Preko Budget Today – Drivers Urge Parliament

National Concern Drivers Association wants minority MP’s to be resolute in their disapproval of the 2022 Budget in parliament, if the Finance Minister fails to “scrap all new and existing nuisance taxes on petroleum products”

Parliament will reconvene today, Tuesday, November 30, 2021, as the House continues processes to either approve or reject the 2022 Budget statement and Fiscal Policy.

On Friday, November 26, the Minority Caucus voted to reject the budget after the Majority Caucus staged a walkout.

The Minority Leader, Haruna Iddrisu subsequently demanded that the Finance Minister revise the budget to include the suspension of the e-levy, provision for the construction of the Blekusu sea defense project, the withdrawal of the Agyapa deal, among others.

It is however unclear if a revised budget would be presented today or Parliament will use its own processes to deal with the matter.

But the National Concern Drivers Association said should the Budget go through with the nuisance petroleum taxes it’ll stage protests on the streets.

“We are promising the government and the members of Parliament, if they approve this budget with all these taxes, we will surely meet them on the streets,” a statement issued by the association said on Tuesday.

According to the concerned drivers, the introduction of some new taxes on fuel and the increase in existing ones are fuelling the frequent price hikes.

“As we speak,the Energy Sector Levy (ESLA)  has been increased by 30%,Price Stabilization Recovery Levy on fuel increase by 40%,The Unified Petroleum Pricing Formula has been increased by 164%,BOST margin has increased from 3 Pesewas to 9 Pesewas representing 200% increase,The fuel marking margin levy has also been increased by another 233% among others,” it said.

Below is the full statement

PRESS RELEASE…..30/11/2021

NATIONAL CONCERN DRIVERS ASSOCIATION OF GHANA

SCRAP NUISANCE PETROLEUM TAXES FROM “KUM YEN PREKO BUDGET ” OR??

As an association, we commend the members of Parliament for thinking about Ghanaians by rejection of the Kum YEN Preko budget.

We are urging the government to immediately scrap all new and existing nuisance taxes on petroleum products to stabilise fuel prices in the country.

The introduction of some new taxes on fuel and the increase in existing ones are fuelling the frequent price hikes.

As we speak,the Energy Sector Levy (ESLA)  has been increased by 30%,Price Stabilization Recovery Levy on fuel increase by 40%,The Unified Petroleum Pricing Formula has been increased by 164%,BOST margin has increased from 3 Pesewas to 9 Pesewas representing 200% increase,The fuel marking margin levy has also been increased by another 233% among others.

We are also calling on members of Parliament to not approve the budget if the finance minister and his government does not scrap these taxes  from their “KUM YEN PREKO “budget.

Our members are dying and are now truant at home because they can’t provide for their families due to hardship.

We are promising the government and the members of Parliament, if they approve this budget with all these taxes,We will surely meet them on the streets.

Thank you.

Signed…
National chairman
Paa Willie
0242971025

National PRO
David Agboado
0541063682