According to the Ghana Chamber of Petroleum Consumers (COPEC), if government-secured oil is distributed this week, the price of petroleum goods may fall.
After weeks of reduction, the price of gasoline rose on Saturday, January 21, 2023, during the second pricing window.
Many parties blamed the problem on the local currency’s volatility against the dollar.
In saving this scenario, the administration initiated the “Gold for oil strategy”.
Ghana received 40,000 metric tons of the policy’s first cargo from the United Arab Emirates on January 15, 2023.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma