Van Vicker has reacted to the projected increment of fuel prices in Ghana.
Petrol prices were projected to go up by GH¢1.24/litre which is an 11.41% increase, the price of diesel may increase by GH¢1.43/litre depicting a 12.93% increase a few days ago.
The Chamber of Petroleum Consumers Ghana (COPEC) in a press release explained what is accounting for the anticipated price hikes.
“Current Crude prices are at $124.96/barrel, resulting in processed Petroleum Products of $1,451.25/MT of petrol and $1,289.97/MT for diesel, coupled with further depreciation of the exchange rate of $1:GH¢8.0483 and the government’s applicable tax rebate of 15 pesewas per litre still in place till the end of June 2022”.
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In his reaction sighted by Zionfelix.net, Van questioned if the price of fuel was about to go up.
He added that he was shaking after hearing the news.