28.2 C
Saturday, February 24, 2024
HomeBusinessFuel is not over-priced - OMCs

Fuel is not over-priced – OMCs


Related stories

YEA engages 99 Former Toll Boot operators plus 183 other PWDs for Regions and Districts

  The Chief Executive Officer of Youth Employment Agency, Mr....

Zoomlion and Graphic Communications launches campaign to name cleanest region in Ghana

  Waste Management Company, Zoomlion Ghana Limited and Graphic Communications...

National Association Of Institutional Suppliers Demands Outstanding Payment Of GH¢100 million

  The National Association Of Institutional Suppliers has called on...

Hawa Koomson is insensitive – Abigail Elorm

  The Deputy National Women Organizer of the National Democratic...

Mahama Hosts 2024 NDC Policy Dialogue In Eastern Region

  The Flagbearer of the NDC, H.E John Dramani Mahama,...


The Oil Marketing Companies (OMCs) together with LPG Marketing Companies (LPGMCs) has assured the good people of Ghana that, as they have contributed their quota to the development of the nation for the better part of the years of independence, they would not exploit the masses in any way detrimental to the Ghanaian economy.


“We would like to assure the good people of Ghana that, as we have been contributing our quota to the development of the nation for the better part of our years of independence, OMCs/LPGMCs have not and will not exploit the masses in any way detrimental to the Ghanaian economy”.


This was contained in a press statement issued by two Associations to clear the false reportage on some media outlets by certain experts in the industry, claiming that, the Oil Marketing Companies (OMCs)/LPG Marketing Companies (LPGMCs) are overpricing fuel at the pump for the first window of January 2023.


“We, therefore, find this very disheartening and a set back, that some pseudo and selfacclaimed experts who have been through this journey in the industry continue to malign the OMCs/LPGMCs or use this process as a subterfuge to misinform the public and turn them against the well-meaning OMCs/LPGMCs, who are handling their business very well”.


They pointed out that, the attitude of antagonizing the OMCs/LPGMCs in the 21 st century is not only primitive but also non-supportive of the toils that the OMCs/LPGMCs bears in the economy.


“Trying to incite the general public against genuine business people is very counter-productive and tantamount to killing the industry, especially without facts”.


They however appealed that, anyone seeking for some education or clarification on the price build-up, can contact the offices of their regulator, the National Petroleum Authority (NPA) or the Association of Oil Marketing Companies (AOMC) at any given time, and not to be misled by unguided statements by certain individuals with truncated objectives.


“Additionally, an educational forum on petroleum pricing would be organized for the general public, and the schedule thereof would be communicated in due course”.





Latest stories


Please enter your comment!
Please enter your name here