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Liquefied Petroleum Gas Marketing Companies have appealed to the government to review its decision to introduce 18 pesewas tax on every kilogramme of gas bought by a consumer.
It believes such action will derail efforts of boosting the LPG gas penetration from the current 25 per cent to 50 per cent.
Gabriel Kumi, Vice Chairman of the LPG Marketing Companies Association of Ghana told a cross-section of the media that the imposition of the tax would not only increase their operating income but would also overburden consumers as many people might not be able to purchase gas as fuel for cooking.
“We’re appealing to the government to reconsider the decision to introduce 18 pesewas on the LPG and withdraw it so that we can save the industry. We need to encourage more people to use the product… we can save mother Ghana at the end of the day, ‘ he said.
The group said the increment will swell their cost of operations
The Liquefied Petroleum Gas (LPG) Marketing Companies are unhappy with an 18 pesewas increment on every kilogramme of gas, Joy News has reported.
The group said the increment will swell their cost of operations.
According to them, the 18 pesewas increment will force them to pass it to consumers which will also impede penetration access to LPG, from 25% to 50% by 2030.
The association claims the 18 pesewas increment on a kilogramme of gas was not part of the new taxes and levies in the 2021 Budget.
Vice-Chairman of the LPG Marketing Companies Association of Ghana, Gabriel Kumi, said the increment will counter government’s bid to increase LPG penetration in the country.
The LPG Marketers Companies Association of Ghana says the the18-pesewa upward adjustment on a kilogram of LPG by the government will worsen the plight of consumers.
Review decision to introduce 18 pesewas tax on LPG
April 12, 2021 Mr Kumi
Liquefied Petroleum Gas Marketing Companies have appealed to the government to review its decision to introduce 18 pesewas tax on every kilogramme of gas bought by a consumer.
It believes such action will derail efforts of boosting the LPG gas penetration from the current 25 per cent to 50 per cent.
Gabriel Kumi, Vice Chairman of the LPG Marketing Companies Association of Ghana told a cross-section of the media that the imposition of the tax would not only increase their operating income but would also overburden consumers as many people might not be able to purchase gas as fuel for cooking.
Ghana-Press-Review April 12, 2021 to 10:25 111 APA – Accra (Ghana) The report that Ghana’s first digital project to monitor petroleum products lifted from depots across the country has recorded over GH¢600 million more revenue in six months than the same period the year before is one of the leading stories in the Ghanaian press on Monday.
The Graphic reports that Ghana’s first digital project to monitor petroleum products lifted from depots across the country has recorded over GH¢600 million more revenue in six months than the same period the year before.
The achievement follows the implementation of the digitisation programme rolled out by the government in June last year.