Business News of Saturday, 4 April 2020Source: www.ghanaweb.comWe will not burden consumers with additional taxes – NPA tells LPGMCsNPA boss, Alhassan TampuliThe National Petroleum Authority (NPA) has indicated it would not burden consumers with additional taxes especially not when some parts of the country are under a partial lockdown. This debunks media reports that the LPG Marketing Companies Association of Ghana (LPGMCs) are calling for the withdrawal of GHp 13.5 Cylinder Recovery Margin which took effect April 1, 2020. “Per our projection for this very pricing window (1st April to 15th April, 2020), consumers are expected to enjoy a price reduction of about 11.56 per cent even with the introduction of the Cylinder Recovery Margin. These projections were made before the decision to introduce the Cylinder Recovery Margin. It is also a responsibility of the NPA that the SAFETY and SECURITY of the general public is not COMPROMISED.
Source: GhanaWeb April 04, 2020 03:11 UTC