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Fuel prices increase again from GH¢8.29 to GH¢8.49

Prices increase from GH¢8.29 to GH¢8.49 per litre

Fuel prices increase four time in nearly three months

Fuel price to hit GH¢9 by end of March

The price of fuel (diesel and petrol) has risen again at least for one of the major Oil Marketing Companies (OMCs) in Ghana, from GH¢8.29 to GH¢8.49 per litre.

This would be the fourth time in less than three months that the prices of diesel and petrol have increased.

In January 2022, the price of fuel increased from GH¢6.90 to GH¢7.42. In February the prices increased from GH¢7.42 to GH¢7.99. In March the prices increased to GH¢8.29 and has now increased to GH¢8.49.

A post shared by the former Deputy Minister of Communications, Felix Kwakye Ofosu on March 11, 2022 read “fuel price up again!” with a picture of Shell Ghana indicating the rise in fuel prices.

Meanwhile, the Chamber of Petroleum Consumers Ghana (COPEC) has projected another increment in fuel prices before the end of March this year.

According to Executive Secretary of the Chamber, Duncan Amoah, the free fall of the local currency – Cedi – is a contributing factor to the increase in petroleum products.

He further indicated that crude oil and other petroleum products on the international market will continue to surge because of Russia’s invasion of Ukraine.

Read the tweet of the former deputy minister below

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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