• VIDEOS
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Election 2020 Results
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Photos
Local News
 
 
 
Home Business Business News 201406

NPA Warns Stations To Cease Hoarding Fuel

30-Jun-2014
/ Business News, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The National Petroleum Authority (NPA) is warning fuel stations that are hoarding petrol to cease the act immediately.

According to the NPA, some fuel stations across the country are still hoarding petroleum products because there are reports of an imminent increase in fuel prices.

An expected hike of about 20 percent in the price of fuel was widely expected on July 1, 2014.

However, in an interview with Citi News, the PRO of the National Petroleum Authority, Yaro Kasambata, revealed that the NPA has suspended the decision to increase fuel prices.

Reports say some fuel stations are hoarding the product, so as to benefit from any increase in the prices.

The situation has reportedly left some Ghanaians still queuing up for fuel in some parts of the country.

Mr. Kasambata said a team had been dispatched to investigate and any station found to be hoarding fuel would be sanctioned.

He added that he expected the situation to improve by Wednesday.

Source: Citifmonline.com

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Ghana Among Three Most Favourable Africa Countries For Investment

Next Post

Organised Labour Threatens Massive Strike On July 14

 
 

More Stories

Focus More On Agric Sector Investment To Improve Economy – Dr Sarkodie
Study: More Than Half Of German Firms Expect Skilled Labour Shortage
BoG To Arrest Cedi’s Depreciation With US$775m Injection
Fidelity Bank Ghana Relocates Two Branches; Merges Two Branches
MTN Ghana Awards Momo Agents and Merchants
FDA To Harmonize Importer TIN And Product Registration Numbers
Standard Chartered Holds First Draw Of Season Of Surprises Campaign
Cape Coast Being Marketed In Germany - PHOTO
Price Of Eggs Goes Up
Next Post

Organised Labour Threatens Massive Strike On July 14

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • Focus More On Agric Sector Investment To Improve Economy – Dr Sarkodie

  • Study: More Than Half Of German Firms Expect Skilled Labour Shortage

  • BoG To Arrest Cedi’s Depreciation With US$775m Injection

  • Fidelity Bank Ghana Relocates Two Branches; Merges Two Branches

  • MTN Ghana Awards Momo Agents and Merchants

  • FDA To Harmonize Importer TIN And Product Registration Numbers

  • Standard Chartered Holds First Draw Of Season Of Surprises Campaign

  • Cape Coast Being Marketed In Germany - PHOTO

  • Price Of Eggs Goes Up

  • Registrar-General: Make Transactional Payments In Bank’s Draft

 

 
 

Popular Videos

Election Petition: Why Is Justice Anin Yeboah Part Of Supreme Court Panel – NDC Chairman Queries

Mzbel "Defrauded" By Traditional Court "Judge"…Says She Feels “So Embarrassed”

Election Petition: EC, Akufo-Addo Singing The Same Song…But Justice Will Be Served

Your Response To Keche Was Childish - Mzbel Scolds Wendy Shay

Prez Nana Addo Will Name His Minsters This Week – KON Hints

You've Done Well But Compensate Crime Officer - Arnold Advices Ogidi Brown

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Online Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media