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COMAC Renews Push for Full Fuel Price Deregulation and Tax Freeze in Ghana
Ghana's Chamber of Oil Marketing Companies (COMAC) has renewed calls for full deregulation of fuel prices, a freeze on fuel-related taxes, and an allocation of crude oil windfall revenues to support a downstream sector the COMAC CEO describes as overcrowded, with 245 oil marketing companies competing for market share. COMAC's CEO has also publicly criticised government interference in fuel pricing, framing the status quo as commercially unsustainable. The combined pressure on fuel costs is assessed as directly affecting operating expenses for logistics and technology firms across Ghana.
5 sources
- COMAC pushes for crude oil revenue windfall to support struggling downstream sector · myjoyonline.com · T3
- COMAC wants fuel taxes frozen to ease pressure on consumers · myjoyonline.com · T3
- COMAC renews call for full deregulation of fuel prices · myjoyonline.com · T3
- Fuel sector overcrowded as 245 OMCs compete for market share – COMAC CEO · myjoyonline.com · T3
- COMAC boss blasts gov’t interference in fuel pricing, demands full deregulation · myjoyonline.com · T3