{"id":53306,"date":"2022-11-02T16:11:08","date_gmt":"2022-11-02T16:11:08","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=53306"},"modified":"2022-11-02T16:11:13","modified_gmt":"2022-11-02T16:11:13","slug":"cushion-ghanaians-against-current-fuel-price-hikes","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=53306","title":{"rendered":"<strong>Cushion Ghanaians against current fuel price hikes<\/strong>"},"content":{"rendered":"\n<p>The Minority in Parliament is asking the government to use part of the over GH\u00a28 billion revenue accrued from petroleum products to cushion petroleum consumers against the current price hikes.<\/p>\n\n\n\n<p>The Minority says the government has received over GH\u00a28 billion from petroleum resources<br>in less than 3 months, as against its GH\u00a26 billion projection for the year.<\/p>\n\n\n\n<p>Speaking to journalists on Wednesday, November 2, 2022, the Ranking Member on the Mines and Energy Committee of Parliament, John Jinapor urged the government to act in halting the escalation of fuel prices which he bemoans has seen over 300 percent increase in less than a year.<\/p>\n\n\n\n<p>\u201cIn less than three months, the government has received over GH\u00a28 billion from our petroleum resources. So in three months, the government has received more than it projected for the whole year, so government is making supernormal profits. In fact, even the Price Stabilization and Recovery Levy which are supposed to subsidize fuel, government projected that in the first two quarters, it will receive GH\u00a2269 million and as we speak, from the Ministry of Finance\u2019s own record, the Government has received GH\u00a2800 million. And so this notion that Government is not making any money is a fallacy\u201d.<\/p>\n\n\n\n<p>\u201cGovernment is making so much money from our petroleum resources, I, therefore, call on President Akufo-Addo and the outgoing Minister of Finance that they should do something about this pricing increment. They should sit up and think outside the box and apply these supernormal profits to cushion the ordinary Ghanaians.\u201d<\/p>\n\n\n\n<p>Mr. Jinapor indicated that the economic crisis worsens by the day as he receives calls every day from some of his constituents seeking diverse assistance to enable them to stay afloat.<\/p>\n\n\n\n<p>\u201cI receive calls every day from members in the Constituency from people who cannot even afford one square meal a day, people who cannot even send their kids to school because of the exorbitant fuel prices which are having a cascading effect on food prices, and general cost of living.\u201d<\/p>\n\n\n\n<p>\u201cWe hold the view that Government can do something about the fuel price increment, Government must sit up, Government must do something and the Government must cushion the ordinary Ghanaians.\u201d<\/p>\n\n\n\n<p>The price of diesel shot up to GH\u00a223.49 per litre two on Tuesday, according to the latest prices advertised by TotalEnergies at the pumps.<\/p>\n\n\n\n<p>Petrol is selling at GH\u00a217.99 per litre, while Kerosene is selling at GH\u00a214.70.<\/p>\n\n\n\n<p><strong>SEND A STORY:<\/strong>\u00a0Do you have a story for us or need a promotion \/ advertisement? Submit them via our email\u00a0<strong><a href=\"mailto:dannyboy744@gmail.com\">dannyboy744@gmail.com<\/a>\u00a0and via on +233 266777777<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Minority in Parliament is asking the government to use part of the over GH\u00a28 billion revenue accrued from petroleum products to cushion petroleum consumers against the current price hikes. The Minority says the government has received over GH\u00a28 billion from petroleum resourcesin less than 3 months, as against its GH\u00a26 billion projection for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":48870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-53306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cushion Ghanaians against current fuel price hikes - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=53306\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushion Ghanaians against current fuel price hikes - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"The Minority in Parliament is asking the government to use part of the over GH\u00a28 billion revenue accrued from petroleum products to cushion petroleum consumers against the current price hikes. The Minority says the government has received over GH\u00a28 billion from petroleum resourcesin less than 3 months, as against its GH\u00a26 billion projection for the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kumasionlinetv.com\/?p=53306\" \/>\n<meta property=\"og:site_name\" content=\"Kumasi Online TV\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-02T16:11:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-02T16:11:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/09\/fuel-pump.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kumasi Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kumasi Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306\"},\"author\":{\"name\":\"Kumasi Online\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/#\\\/schema\\\/person\\\/71129f20b230eb698b6e82454423d7de\"},\"headline\":\"Cushion Ghanaians against current fuel price hikes\",\"datePublished\":\"2022-11-02T16:11:08+00:00\",\"dateModified\":\"2022-11-02T16:11:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306\"},\"wordCount\":428,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/fuel-pump.jpg\",\"articleSection\":[\"POLITICS\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306\",\"url\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=53306\",\"name\":\"Cushion Ghanaians against current fuel price hikes - 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