PNC: Gov’t should take charge of importation & pricing of petroleum products

Metro Mass Transit buses

The People National Convention (PNC) has recommended to the government to take charge of the importation and pricing of petroleum products to ensure prices are affordable to the ordinary Ghanaian.

In a statement issued in Accra yesterday, the party also advised the government not to pay attention to the few individuals trying to thwart its efforts by saying it is impossible.

The following is the full statement;

The President of the Republic, HE Akuffo Addo, has asserted that the country is in crises and we need to work together in finding lasting solutions to the quagmire we find ourselves as a sovereign nation.

This is the position of the People’s National Convention on the current hardship facing our dear nation. We agree that the economy is in recession. It is against this backdrop that we submit this proposal to the government in finding solutions to the challenges we are facing.

  1. The general increases in prices of goods and services are obviously being driven by the unprecedented increases of petroleum prices, exacerbated by the free fall of the Ghana Cedi. We commend government’s initiative to import cheap petroleum products as a short-term measure to stabilise prices.
  2. Again, we recommend that government should take charge of the importation and pricing of petroleum products to ensure prices are affordable by the ordinary Ghanaian. Government should not pay attention to the few individuals trying to thwart its efforts by saying it is impossible. Meanwhile, government must hasten the operationalisation of the Tema Oil Refinery and other refineries under construction to help permanently bring fuel prices under control.

PNC welcomes the decision by government to reduce the importation of certain foods and beverages into the country. This is not going to be easy. However, more proactive measures must be taken in planning to wean us off importation of products we can produce locally.

We recommend that government should regulate and be part of the importation of rice and other essential products into the country. Government, through the Buffer Stock Company, must buy the local rice from producers and equally be in control of the amount of rice imported into the country.

Government guaranteeing market for local rice producers will encourage local rice farmers to scale up their production, thereby leading to self reliance in the production of rice. This should be replicated in the production of other food stuffs.

Again, the total reliance on private sector in these hard times to be sole importers of essential commodities has not been helpful, as businesses are taking advantage of the situation by selling essential commodities at exorbitant prices. Government must take steps to control the importation of certain essential commodities into the country to ensure affordable prices of such commodities.

  1. We recommend to the government, as a matter of urgency, to revamp the operations of the Metro Mass Transport (MMT) and other Public Transport Agencies within three months to minimise the rising cost of transportation, especially within the cities and to offer free ride to school going children and the elderly. Mini-buses should be added in their fleet of vehicles to augment the already existing ‘trotro’ and help serve as a check on their charges.
  2. We recommend to the government to clamp down on the pricing of items in dollars. We would like the government to enforce the Foreign Exchange Act, 2006 (Act 723) which prohibits pricing, advertising and receipt or payment for goods and services in foreign currency in Ghana. The sole legal tender in Ghana is the Ghana Cedi (GHC) and Ghana Pesewa (Gp) and anyone who will violate this Act, be it hotels, companies, institutions or individuals should be severely punished to serve as a deterrent.
  3. The call for government to cut down on its appointees is justifiable. Government’s move to continue the reduction of its appointee’s salary by 30% was commendable, but it is not being seen to be a great sacrifice, as such we recommend that the government cuts down on the number of appointees and put the remaining ones on full salary, for them to be well motivated to meet performance expectations. This singular act will bring back the credibility and the trust the government need from Ghanaians.
  4. The PNC calls on fellow Ghanaians to remain resolute and be optimistic of getting out of these difficult times. Let us all, and as individuals, conduct our businesses in a way that should not cause fear and panic, which will further ruin us all.

PNC: Service with Honesty –signed by Janet Asana Nabla, General Secretary

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