The Ghana National Petroleum Authority has rescinded its decision to increase fuel margin to 17 pesewas per litre.
In a communique, dated May 4,the NPA revealed that, the prices of fuel per litre would be reduced.
The reduction is nine pesewas starting from Wednesday 5th May,2021.
Below is a statement of the communique
The reduction is because of Ghanaians expression of frustrations in Ghana.
Oil marketing companies adjusted fuel prices on Tuesday because of implementation of taxes,levies.
Because of this, Energy minister, Mathew Opoku called for meeting to reduce the fuel prices.