• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Politics Politics 201501

Any Government That Buys Petrol At World Market Price Is Inefficient And Ineffective - Kwesi Pratt Tells Gov't

09-Jan-2015
/ Politics, Politics
Email
Print
Comments 0
Kwesi Pratt Jnr.
(0)
Comments
Share on Facebook Share on Twitter
 

Kwesi Pratt Jnr, Managing Editor of the Insight newspaper, has lambasted the leadership of the ruling National Democratic Congress (NDC) and the opposition New Patriotic Party (NPP) over the new adjustments in petrol prices.

Recently, prices of petroleum products were cut down by 10 percent by the National Petroleum Authority to ease the pressures on consumers in the nation.

Despite the reduction, some Ghanaians and critics have vehemently stressed the need for measures to be taken by the government to drastically reduce the prices since to them; the 10% cut is diminutive as compared to other prices on the World Market.

NPP leaders have also accused the Mahama administration of mismanaging the petroleum sector of the economy.

Addressing the issues on Peace FM's "Kokrokoo", Mr. Pratt picked on the Minority leader, Osei Kyei Mensah Bonsu and some bigwigs in the NPP as well as NDC gurus for singing the same tune since 1986.

According to Mr. Pratt, since 1986, the country has not experienced any new changes so far as the petroleum sector is concerned.

He noted that both the NPP and NDC including previous governments have all rolled out similar policies to check petroleum prices.

He further stated that the policies are however not transparent and fail to suit fuel consumers in the country.

Kwesi Pratt asserted that the NPP and NDC have both been very inconsistent in their positions on petrol price fluctuations.

He recounted eras when he together with some notable members in the NPP and NDC took active roles in the Committee for Joint Action (CJA) to fight against any price increases under the Kufour and Rawlings regimes and other regimes.

He stressed that no government would be fair in its estimations on petrol prices if it calculates the price indexes according to World Market Prices.

�If there�s any government in this world and it buys its petrol [crude oil] at World Market Spot Price, then it is an inefficient, ineffective government. Because every government buys at negotiated prices...Nobody buys at World Market Spot Prices.�

In his conviction, both the NPP and NDC seem to lie on the same bed when it comes to petrol price adjustments in the country.

He therefore called on the government to be transparent with Ghanaians.

Source: Ameyaw Adu Gyamfi/Peacefmonline.com

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

All Social Inteventions By The NPP Were Political Gimmicks... - Fred Agbenyo

Next Post

Change Procedure For Appointing New EC Chairman � PPP

 
 

More Stories

NPP 2024 Race: 4 Pick Forms
We Won't Vote On New Chief Justice, Gertrude Torkornoo Until 'Reasoned Judgement' on Gyakye Quayson - Minority
NPP Primaries: There's Nothing Wrong With Party Leaders Publicly Supporting A Candidate - John Boadu Asserts
Shut Your Mouths! Stop Declaring Support for a Presidential Hopeful - Kwesi Pratt Cautions NPP MPs & Executives
Mahama Congratulates Ernest Yaw Anim For Winning Kumawu By-Election
Africa Is Where Hope Resides – Mahama
You 'Unwisely Insulted' Supreme Court Just to Please Your 'Cult Hero' - Koku Slams Prof Kpessa-Whyte
UCC Lecturer Narrates How He Travelled To Ghana From Germany Using Ghana Card
'Really Sad What Politics Can Do To a Fine Mind!' - Mahama Chides Nana Akomea on Ex-gratia
Next Post

Change Procedure For Appointing New EC Chairman � PPP

  Ghana Politcs

  • Politics
  • Election News
  • Parliament
  • 2020 Elections


 
 

Other Politics Stories

  • NPP 2024 Race: 4 Pick Forms

  • We Won't Vote On New Chief Justice, Gertrude Torkornoo Until 'Reasoned Judgement' on Gyakye Quayson - Minority

  • NPP Primaries: There's Nothing Wrong With Party Leaders Publicly Supporting A Candidate - John Boadu Asserts

  • Shut Your Mouths! Stop Declaring Support for a Presidential Hopeful - Kwesi Pratt Cautions NPP MPs & Executives

  • Mahama Congratulates Ernest Yaw Anim For Winning Kumawu By-Election

  • Africa Is Where Hope Resides – Mahama

  • You 'Unwisely Insulted' Supreme Court Just to Please Your 'Cult Hero' - Koku Slams Prof Kpessa-Whyte

  • UCC Lecturer Narrates How He Travelled To Ghana From Germany Using Ghana Card

  • 'Really Sad What Politics Can Do To a Fine Mind!' - Mahama Chides Nana Akomea on Ex-gratia

  • Dr. Kpessa-Whyte Apologizes Unreservedly to Supreme Court for 'Stupid Court' Tweet

 

 
 

Popular Videos

MIDDAY NEWS 25/05/23

Ade Akye Abia With Kwame Nkrumah Tikese On Okay 101.7 Fm (23/05/2023)

MIDDAY NEWS 23/05/23

MIDDAY NEWS 24/05/23

DISCUSSION SEGMENT ON ADEKYE NSROMA 23/05/23

Ade Akye Abia With Kwame Nkrumah Tikese On Okay 101.7 Fm (24/05/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media