FUEL PRICE, WATER AND ELECTRICITY TARRIF INCREASE, EFFECT ON GHANAIANS.

themesAt this juncture when Ghanaians are faced with so many challenges in economic and social life the government of the day is not sympathizing with the citizens. Labelling this article or write up to the opposition will the worse thing any person may do because this economic crisis has been the headache of many Ghanaians as well and the need to be catered for.
We were informed of the automatic price adjustment formula on fuel prices and Ghanaians as calm as we are accepted the assertion due to the fact that this policy was to help developmental projects in the country. Not too long ago the minister of finance, Mr. Seth Terkper went to parliament with another policy which is the petroleum law and it was passed without a hinge. Again, the price of fuel has increased in the country at a time that fuel price has decreased at the world market and the question that is usually posed is that, is the automatic price adjustment formula not working? If yes then why the increase in fuel prices at 28%, water at 59% and electricity at 67%?
The funny aspect of this is that there is usually no increase in salary of the worker and he/she is supposed to use the same salary to cater for all those needs which is impossible. When this happens the Ghanaian is forced to go extra mile to cater for these needs and this breed corruption in the country.
The assertion here made is that as the fuel prices has been increased against the reduction at the world market, prices of goods and services are going be increased and standards of are going to be high and when these happen situations are going to worsened and bribery and corruption will be the goal of the day.
Notwithstanding the fact of the matter, in the whole of West Africa, it’s only in Ghana that fuel prices are high making our economy more or less the most expensive in West Africa. Aside these salaries remain the same for the common citizen who is hereby supposed to use the same amount to cater for his/her needs. Where and how exactly do the government want the average citizen to cater for those needs?

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