Ghana hikes petrol pump price to ¢13.10/liter (N519)
Ghanaians would have to pay more for petrol and diesel as Oil Marketing Companies (OMCs) hiked pump prices of the products. The price per liter of petrol has increased from ¢11.10 to ¢13.10, which based on the official exchange rate of N39.66 to a cedi, translates to approximately N520 in Nigeria.
The price change, according to the OMCs, took effect October 16, 2022.
Local media reports that the increase in the price of crude oil on the world market, and the sharp depreciation of the cedi (Ghanaian currency) spurred the change.
Equally, the price of diesel per liter shot up from ¢13.90 to about ¢15.99 (approx. N633).
Similarly, the price of Liquefied Petroleum Gas (LPG) is expected to go up by about 10%, beginning tomorrow October 17, 2022..
However, the variance in the prices of the petroleum products at the pumps will vary among the OMCs.
Credit: JoyFM
