When international prices plunged to 20% per barrel, how much did our fuel price fall?” “When we remove the taxes, and we don’t manage the internal machines to manage our exposure to the international process, we will come back to nought.
“We are largely exposed to the national market… Irrespective of the international market dynamics, we can reduce our fuel price by removing some taxes or levies and increase it by hiking the taxes and levies.
“If we can and we understand fuel prices work, the price for fuel should not sell for more than 6 cedis per litre,” he said..
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