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COPEC criticizes NPA over increased UPPF margin impacting fuel prices

Investmenttimes
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The Chamber of Petroleum Consumers Ghana (COPEC) has voiced its disappointment with the National Petroleum Authority (NPA) for raising the Unified Petroleum Price Fund (UPPF) margin. According to COPEC, this decision has led to increased fuel prices at the pumps, further burdening the public. In a circular, the NPA instructed industry players to increase the UPPF margin by GH₵0.05 per litre of fuel in the Price Build Up for petroleum products starting June 1, 2024. As a result, petrol and diesel prices rose to GH₵14.84 per litre at some service stations on June 4, 2024. Reacting to this development, COPEC's...
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