THE Ghanaian government has announced its intention to almost double the price of petrol in stages, from Cedi 6 400 (91 US cents) to 12 000 ($1.71). The increase will be made periodically to make its effect bearable to Ghanaians, says Owusu Agyapong, Minister of Transport and Communications. The minister said the increase would not affect diesel, kerosene and Liquified Petroleum Gas (LPG). He stressed that the price adjustment would only be made after consultations with the various stakeholders in the energy sector. The Minister said the adjustment had become necessary because Ghana was incurring an additional debt of C6 billion ($857,142) per day at current prices. – AFP
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