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End up being objective in working with economy - Awomefia

 


The Awomefia of Anlo, Torgbi Sri III has entreated the citizenry to be very conditional and objective in assessing the current financial challenges going through Ghana, saying placing all the fault on the federal government is not the right step to deal with the crisis. He or she said financial struggles are now a worldwide phenomenon and not peculiar to Ghana. The problems of COVID-19 across the globe over the past 2 yrs and the flaming Russia-Ukraine war have brought deep financial discomfort to all nations, Torgbi directed out.

The Awomefia made the remarks when members of the Board of the National Petroleum Specialist (NPA) and several key employees of the authority paid a courtesy contact your pet at his structure at Woe, in the Anloga Region of the Cambiamento Region on Thursday night (April 7, 2022), reports Graphic Online’s Alberto Mario Noretti.

The Chief Exec Officer of NPA, Dr Mustapha Abdul-Hamid said the visit was to allow the board people “to seek the wisdom of the Awomefia in dealing with the existing challenges going through the fuel field. ”Torgbi Sri maintained that much as Ghanaians were looking up to the government to bring relief to our economy, the government also needed the support of the citizenry to understand that expectation previously than later. He or she touched on the irregular supply of pre-mix fuel to Anlo and said that was now taking away the livelihood of the people, which almost always was fishing.

Torgbi Sri reminded the NPA of the huge task confronting it now, with consider to the increasing cost of energy and said every development sector relied largely on energy. “So, immediate and revolutionary measures are required to invert the trend, ” he added. The particular Awomefia said the visit by the board members weary ample testimony to their stance to serve area with humility and advice from traditional regulators, and that motion could be emulated by the planks of other development sectors as well.

Responding, Dr Abdul-Hamid acknowledged the Awomefia as a leader with rich experience in the oil sector and an icon of nationwide unity whose advice could help the authority to make giant strides in its operations. Doctor Abdul-Hamid gave an assurance that certain measures had already been in spot to ensure stable prices for petroleum products for the next 3 months. Pursuant to that, he said the Bank of Ghana (BOG) got agreed to give lower exchange rates to importers of petroleum products.

In the mean time, Dr Abdul-Hamid said NPA was now poised reduce leaking in the oil downstream segment which contributed a great deal to GDP. The particular NPA would also concentrate on gas canister recycling to allow consumers to exchange empty cylinders with already-filled ones effortlessly, without the use of the water pump at the stuffing stations, he additional. The CEO said NPA was working vigorously to sanitize the fuel industry to make it more efficient to ensure that the dealers made their profit in a reasonable manner.

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