{"id":10942,"date":"2021-11-15T18:09:16","date_gmt":"2021-11-15T18:09:16","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction"},"modified":"2021-11-15T18:50:03","modified_gmt":"2021-11-15T18:50:03","slug":"2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction","title":{"rendered":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes and levies on petroleum products to give respite to Ghanaians.<\/p>\n

Mr Duncan Amoah, Executive Director, COPEC, told the Ghana News Agency in an interview that COPEC supported the demands of transport operators for the Government to reduce the taxes because they were a major source of fuel price increment with the accompanying rippling consequences on the public.<\/p>\n

The Coalition of Private Road Transport Operators on Tuesday November 09,2021, gave Government an ultimatum to reduce taxes on fuel, threatening to ground all commercial vehicles by 1500 hours Thursday, November 11, 2021. The Unions, however, placed the intended strike on hold following a meeting with the Roads and Transport Ministry.<\/p>\n

Mr Amoah said what constituted the final ex-pump prices were three key elements – Free On Board (FOB) price of the product or International Market Price, Forex and the taxes-, saying \u201cWith international market prices, the country has no control over it and while the Government has some relative control over forex, taxes are strictly Government decision and function.\u201d<\/p>\n

He said when fuel prices increased, Government was obviously unable to control the international market prices and stabilise the Cedi so, “there must be focus on reducing the taxes on petroleum price build-up. That\u2019s the only way out.”<\/p>\n

\u201cYou can\u2019t have a situation where all other factors are working against Government at the pumps and the taxes continue to be as high as they are,\u201d he noted, saying, it was reasonable for the taxes to be reviewed immediately as had been demonstrated with the reduction in the Price Stabilisation and Recovery Levy.<\/p>\n

The Executive Director said: \u201cWe fully endorse the approach of the transport unions and it\u2019s our hope that authorities will listen and find a proper way in managing fuel prices\u2026.\u201d<\/p>\n

As a long-term proposal, Mr Amoah said Government needed to fix its strategic assets, including the revamping of the operations of the Tema Oil Refinery, adding that for a country that produced oil in commercial quantities, the Bulk Oil Storage and Transportation (BOST), for instance, needed to be revamped for the country to have a strategic stock at every point in time. He said that was the only way to give the \u201ccountry petroleum security, stabilise and cushion pump prices.\u201d GNA<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes and levies on petroleum products to give respite to Ghanaians. Mr Duncan Amoah, Executive Director, COPEC, told the Ghana News Agency in an interview that COPEC supported the demands of transport operators […]<\/p>\n","protected":false},"author":84,"featured_media":10941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[5092,5096,5586,5585,429],"class_list":["post-10942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-ghana","tag-backs-transport-unions","tag-copec","tag-ghana"],"yoast_head":"\n2022 BUDGET: COPEC backs transport unions on fuel tax reduction - Ghana<\/title>\n<meta name=\"description\" content=\"Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2022 BUDGET: COPEC backs transport unions on fuel tax reduction\" \/>\n<meta property=\"og:description\" content=\"Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-15T18:09:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-15T18:50:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"2022 BUDGET: COPEC backs transport unions on fuel tax reduction\",\"datePublished\":\"2021-11-15T18:09:16+00:00\",\"dateModified\":\"2021-11-15T18:50:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\"},\"wordCount\":408,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"backs transport unions\",\"COPEC\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\",\"name\":\"2022 BUDGET: COPEC backs transport unions on fuel tax reduction - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg\",\"datePublished\":\"2021-11-15T18:09:16+00:00\",\"dateModified\":\"2021-11-15T18:50:03+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg\",\"width\":720,\"height\":480,\"caption\":\"2022 BUDGET: COPEC backs transport unions on fuel tax reduction\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ghana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2022 BUDGET: COPEC backs transport unions on fuel tax reduction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/\",\"name\":\"Ghana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction - Ghana","description":"Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction","og_locale":"en_US","og_type":"article","og_title":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction","og_description":"Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes ...","og_url":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction","og_site_name":"Ghana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-11-15T18:09:16+00:00","article_modified_time":"2021-11-15T18:50:03+00:00","og_image":[{"width":720,"height":480,"url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction","datePublished":"2021-11-15T18:09:16+00:00","dateModified":"2021-11-15T18:50:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction"},"wordCount":408,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg","keywords":["Africa Press","Africa Press-Ghana","backs transport unions","COPEC","ghana"],"articleSection":["all news","Economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction","url":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction","name":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction - Ghana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg","datePublished":"2021-11-15T18:09:16+00:00","dateModified":"2021-11-15T18:50:03+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Accra, Nov. 15, GNA \u2013 The Chamber of Petroleum Consumers (COPEC) has reiterated calls for the Government to review taxes ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#primaryimage","url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg","contentUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-6192abbd1a183.jpg","width":720,"height":480,"caption":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/2022-budget-copec-backs-transport-unions-on-fuel-tax-reduction#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ghana\/"},{"@type":"ListItem","position":2,"name":"2022 BUDGET: COPEC backs transport unions on fuel tax reduction"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ghana\/#website","url":"https:\/\/www.africa-press.net\/ghana\/","name":"Ghana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/10942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/comments?post=10942"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/10942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media\/10941"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media?parent=10942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/categories?post=10942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/tags?post=10942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}