He emphasized that the corporation is executing President Joseph Boakai’s mandate to make petroleum products consistently available and affordable. “We are working to eliminate the past practices where previous managements allegedly colluded with importers to manipulate prices,” Tweh said. Ending MEDTECH’s Role and Removing SurchargesOne of the most significant decisions by Tweh’s administration was the cancellation of the controversial MEDTECH pre-shipment inspection process for petroleum products. In addition, the surcharge on petroleum products was removed, which had an immediate effect on lowering the pump prices of fuel. He called for improved coordination between LPRC and the Ministry of Transport to ensure timely reductions in transportation fares when fuel prices decrease.

Source: Front Page Africa October 16, 2024 15:42 UTC