Ghana faces energy sector challenges due to irregular power supply, rising fuel prices, and a weak cedi, leading to increased transport fares.
Ghana faces energy sector challenges with irregular power supply and rising fuel prices due to global factors and a weak Ghanaian cedi. Oil Marketing Companies raised fuel prices in April 2024, leading to a 20% increase in transport fares. Energy analyst Kwadwo Nsafoah Poku urges against politicizing fuel prices, while Abass Tasunti of the National Petroleum Authority suggests subsidies might help control the continuous price increases.
April 20, 2024
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