LPG now an extravagance item

Saturday 5th of October 2024

LPG now an extravagance item

LPG gas
VP of the Liquefied Petroleum Gas (LPG) Marketers Association, Gabriel Kumi, has expressed that with the rate at which costs of LPG has been expanding, some Ghanaians will most likely be unable to bear the cost of it in a matter of moments.
As indicated by him, following the new cost increments, individuals take their gas chambers to the filling stations just to purchase half or less how much gas expected to fill the chambers.
Talking on The Probe on Sunday, he expressed that "LPG is currently purchased in toddlers, individuals can just not bear the cost of the item. It's gone past the pace of the conventional Ghanaian, LPG is presently pretty much an extravagance item."
Mr Kumi said that the utilization of LPG gas has seen a decay beginning around 2019, subsequently it wouldn't be astounding for see individuals return to involving charcoal soon.
"The measurements show that LPG utilization is on the decay, in 2019, we did a normal of 30,000 metric tons a month. In 2020 it boiled down to 29,000. Last year 2021, we did 28,000 metric tons on normal a month."
"From where the cost is currently, I am certain before the current year's over, we ought to discuss something under 25,000 metric tons a month. The conventional Ghanaian, whose month to month pay is around 600/700/800 cedis, how would you anticipate that such an individual should take around 15% or 20% of his month to month compensation to purchase just LPG," he said.
His remark comes after the cost of Liquefied Petroleum Gas (LPG) encountered a 5% change from March 3, 2022.
This follows the rebuilding of the Price Stabilization and Recovery Levy (PSRL) on fuel items.
The reestablished PSRL is GH¢0.16 pesewas per liter on petroleum, GH¢0.14 per liter on diesel, and GH¢0.14 per kilogram on LPG.
Specialists have cautioned that the reestablished PSRL and its orderly expansion in the cost of LPG will additionally diminish the ware's utilization rate and demolish the situation of the normal shopper.
LPG is currently GH¢9.76 per kilogram, meaning about GH¢140 for a 14.5 kg chamber.
In the interim, Mr. Kumi accepts that this would in a long run influence the public authority's objective of making LPG available to all homes the nation over.
He clarified that the public authority is centered around burning through tremendous amounts of cash to establish trees consistently.
Nonetheless, these trees in the years to come risk being chopped down at charcoal on the off chance that LPG costs keep on expanding
Along these lines, he required the rejecting of all charges on LPG.


COMMENTS
  1. author
    KwabenahPencil

    Gas (LPG) Marketers Association, Gabriel Kumi, has expressed that with the rate at which costs of LPG has been expanding, some Ghanaians will most likely be

  1. author
    Danielkarikari

    Hmmm

  1. author
    Douglaskugah

    Ok

  1. author
    AmoakoMichael

    Ok

  1. author
    runpopgh

    Kk

  1. author
    Lanyo

    Really

  1. author
    Borgarbhar

    Ok

  1. author
    Kobby800

    Ok

  1. author
    KillerGod

    Alright

  1. author
    Alphamike

    Ok

  1. author
    Belsark

    Kk

  1. author
    datlingbwoy

    okay

  1. author
    Ballondon

    So bad

  1. author
    THERESAbae

    Noted

  1. author
    flore1

    Ok

  1. author
    belindaazaazi

    Mr. Kumy is right

  1. author
    Kofisydney

    Ok

  1. author
    Wisdomadrigbatey

    kk

  1. author
    Twitch47

    Okay

  1. author
    Assabae

    Ok

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