TUC and government agree on Petrol price decrease

By myjoyonline

2/5/2012 5:30:04 PM -

Barring any last minute change, petrol prices should be decreased by 20 per cent soon.

That however would depend on how fast the National Petroleum Authority (NPA) responds to a government directive which is supposed to be contained in a communiqué signed between the Trades Union Congress (TUC) and Employment & Social Welfare Minister, E.T Mensah, on behalf of government.

The agreement to reduce fuel prices was ached last Friday following a series of meetings between the labor organization and government.

The TUC had threatened a nationwide demonstration this week after it indicated its disappointment in what appeared to be government's reluctance to reduce fuel prices after a hike prompted by the removal of subsidies in early January.

Vice President John Mahama was at Friday's meeting with the TUC and his spokesperson, John Jinapor told Joy News an acceptable position by both sides would formally be announced on Monday.

"...I can assure you the decision would be in the interest of both sides and I believe that both sides will work together to towards ensuring that we implement the decision taken."


Story by Ghana/Joy news/ myjoyonline.com

Other Stories
23-05-2012  Mental Illness And Akada 23-05-2012  Politics Should Be About Nationalism, Not Tribalism: Amoako Tufuor 23-05-2012  Is Veep John Mahama Serious? 23-05-2012  Ppp’s Bright Red Sun Is Shining! 23-05-2012  Aftermath Of Otc 2012… Oil Multinationals Host Ghanaian Delegation 23-05-2012  Ghanaian Minister Honoured At 2012 Otc 23-05-2012  Krobo Youth To Demonstrate Against Water Shortage On Friday May 25. 23-05-2012  Maiden Mining For Development Forum Held In Accra 23-05-2012  'osagyefo Barge', Balkan Energy Fraudulent Claims & A Ppa That Never Was 23-05-2012  Re: Segbefia Buys Largest House In Roman Ridge For 5 Million Dollars 23-05-2012  Political Science Lecturer Questions Sekou’s Political Ideology 23-05-2012  Peace Corps Ghana Holds 7th Annual Stars Conference On Knust Campus 23-05-2012  Motorists Angry Over Frequent Breakdown Of Vehicles Between Ejisu - Tech Junction Road 23-05-2012  Jnms Launches Ghana Money Transfer In Accra 23-05-2012  Fgj Reacts To Supreme Court Ruling On Acquisition Of Government Bungalow By Jake 23-05-2012  In Defense Of Ben Ephson 23-05-2012  Volta Youth League Outraged At Supreme Court’s Decision 23-05-2012  Right To Information Law: We Don’t Won’t A Toothless Bulldog. 23-05-2012  The Cpp Challenge: To Make Ghana Work Again 23-05-2012  Nhis Warns Against Expired Drugs 23-05-2012  Deputy Chief Of Staff Dares Accusers Over '$5m Roman Ridge' House 23-05-2012  Don't Shirk Your Responsibility For Your Children, Parents Urged 23-05-2012  Driver Fined For Using Expired License 23-05-2012  Nana Kubra Yeboah Is The Chief Of Akyem Aboabo-kingmakers 23-05-2012  New Students Loan Scheme Soon 23-05-2012  Mahama Tours Parts Of Accra 23-05-2012  Mills Defies Procurement Law …in Favour Of ‘chop, Chop’ 23-05-2012  Sale Of Tema Shipyard -- Ghana's Shame 23-05-2012  Young Ghanaian Spearheads Establishment Of Africa's Own Wikipedia 23-05-2012  Absence Of Subsidized Fertilizer - Upper West Farmers Worried 23-05-2012  Trial Of Six Somalis Opens In Paris 23-05-2012  Man Jumps 9 Floors To Death In Suspected Suicide 23-05-2012  Abudus Write To Undp 23-05-2012  Workers Of Grel Demonstrate Against Management Over Poor Remuneration 23-05-2012  Youth Receive Start Up Kids For Cotvet Programme 23-05-2012  Couple Commit Suicide 23-05-2012  Prosecution Pleads For More Time In Kennedy Agyapong's Trial 23-05-2012  383 Raped In Lagos…497 Abandoned Babies Rescued 23-05-2012  Couple Commits Suicide 23-05-2012  Martin Amidu Speaks: Ndc Legal Team Interfering With A-g's Work
Follow Us