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Business News of Saturday, 4 January 2025

    

Source: www.ghanawebbers.com

Give Ghanaians a break at the pump to kickstart the economy and secure Ghana’s energy future

Fuel pump Fuel pump

Energy expert Benjamin Amponsah Mensah urges the new Ghanaian government to capitalize on the current low global crude oil prices by reducing domestic fuel prices.

He argues that high fuel costs have significantly impacted the Ghanaian economy, leading to inflation and hardship.

Mensah emphasizes the need for a long-term strategy to stabilize fuel prices, such as securing long-term contracts with reliable refineries and hedging.