Fuel Prices Go Down At The Pumps
The prices has gone down at some fuel station monitored in the capital.
The Business and Financial Times monitoring of fuel stations in Accra shows that the prices have gone down on average between 8 and 11 pesewas for either petrol or diesel depending on the station in question.
Reducing fuel prices prior to elections is a time honoured tradition in Ghanaian politics, and has been utilised by numerous governments across the party divide in the past.
This looks like a marginal reduction but it could signal a much bigger one to come in the coming days.
NPP flagbearer Nana Addo Dankwa Akuffo-Addo has recently predicted that government would reduce fuel prices to serve as a campaign tool, and depending on how things go, he could be proven right.
Globally, the prices of crude oil has also fallen marginally; although, sadly for Ghanaians, none of these has really translated into a reduction of what we really care about – transport fares.