GRA must provide evidence to justify SML’s continued operation – Dr. Patrick Ofori
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By Francisca Amoakoa The CEO of the Chamber of Bulk Oil Distributors, Dr. Patrick Ofori, has urged the Ghana Revenue Authority to explain the rationale behind instructing the Strategic Mobilisation Authority (SML) to resume its activities in the downstream petroleum sector. This request follows the GRA’s directive for SML to restart its monitoring operations in […]
COPEC proposes ”funnel arrangement” to control fuel prices
![COPEC proposes ''funnel arrangement'' to control fuel prices](https://i0.wp.com/www.gbcghanaonline.com/wp-content/uploads/2023/01/Duncan-Amoah-jpg.webp?fit=512%2C341&ssl=1)
The Chamber of Petroleum Consumers-Ghana, COPEC, has proposed a solution it describes as the funnel arrangement to help control fuel prices in the long term. Under the arrangement, the Chamber suggests that instead of Bulk Oil Distributors, BDCs, importing petroleum products in fragments, the country should rather aggregate the volumes required over a period and […]