The NDC has been concerned for some time now, over developments in the energy sector, and the Minister of Finance’s Statement to Parliament on the performance of the economy on November 12, 2002, instead of easing our concerns, has rather heightened our anxieties. We of the NDC are convinced that sufficient preparatory work has not been done to justify the pending petroleum price increases. Government has to introduce new prices as part of a comprehensive package that deals with incomes and remuneration for workers, elimination of waste and inefficiency in the industry, and an honest explanation at this point in time about how Government has handled the existing TOR debt and the windfall arising from the previous drop in world market prices for crude.
Source: GhanaWeb
