President Mills: Fuel price increment was a painful decision

President John Evans Atta Mills has pleaded with Ghanaians to bear with his administration following hikes in fuel prices recently.

Speaking to some senior journalists and editors at the Presidency in Accra on Monday, President Mills said the increment was a necessary evil because government had “no choice” as crude oil prices on the world market skyrocket.

“Increasing the fuel prices was one of the painful exercises we had to undertake,” President Mills stated. “I know how it has affected ordinary Ghanaians. ”

He added: “We didn’t have a choice because the amount of subsidy and the current price of oil; more than 100 dollars and other consideration gave us no alternative. ”

President Mills served notice that Ghanaians are likely to smile when crude oil prices reduce.

“A time will come when prices will come down dramatically to relieve Ghanaians,” he assured.

The National Petroleum Authority (NPA) announced a 15 to 20 per cent increase in petroleum products in December 2011 and that was met with rancour from a section of the public with the Alliance For Accountable Governance threatening to hit the streets if the prices are not reduced.

Source Citifmonline Ghana

Category: News