Ladies and Gentlemen of the Press, we invite you this morning to express the Minority position on the Customs and Excise (Petroleum Taxes and Petroleum Related Levies) Bill, which was introduced into Parliament yesterday. It will be recalled that the NPP Government increased the price of petroleum products on Friday, the 18th February 2005.
Inclusive in this petroleum price hike were hefty increases in various taxes and levies for various purposes.
The 1st paragraph of the memorandum to the said Bill stated:
?The purpose of this bill is to revise duties, taxes and levies on specified petroleum products?.
Source: GhanaWeb
