According to Mr. John Abdulai Jinapor, a member of the minority caucus in the Ghanaian parliament and the member for the Northern Region’s Yapei Kusawgu constituency, fuel prices increased by over 200 percent (200%) between January 1 and November 1, 2022.
He maintains that there is no explanation for the enormous increase that Ghanaians are seeing at the various gas stations.
On the GTV Breakfast Show, he made this comment during a segment titled “Minority’s Take on President Akufo-Nationally Addo’s Televised Address on Sunday, October 30, 2022.”
The fast decline of the Cedi has caused gasoline costs to continuously rise, according to Mr. John Jinapor, despite the fact that crude prices have remained stable on the global market for some time.
“So to have a 200% increment in fuel prices within 10 months is unprecedented and unacceptable. Increments in fuel products have a cascading effect on everything” added he.
Everyone in Ghana today is aware that there are significant economic problems, according to John Jinapor.