Government has directed the Ghana Oil Company (GOIL) to reduce price of fuel at the pumps effective yesterday December 7.
The directive followed a marathon meeting between government and transport operators at the Presidency Monday evening.
Head of Communications at the GPRTU, Abass Imoro, who disclosed this on PM Express with Evans Mensah, on Monday, said government also committed to reviewing taxes on fuel in the mid-year budget review.
He said they were satisfied with the outcome of the meeting and urged their members to resume work yesterday.
Meanwhile, the Communications Manager at the National Petroleum Authority (NPA), Mohammed Abdul Kudus, touching on the proposed review of taxes, said if the taxes were even reduced and if world prices of petroleum products were to continue to spike, consumers will not feel the impact.
Chairman of the transport committee in Parliament, Osei Nyarko, said the directive to GOIL is welcoming and indicative of the fact that the Akufo-Addo led government is a listening government.
He said he expected 15 pesewas reduction by GOIL yesterday.
According to him, he has been briefed that GOIL would be selling fuel at GH¢6.7 per litre.