Fuel: Use GH¢948 million PSRL balance to cushion consumers now - ACEP to government

The Africa Centre for Energy Policy (ACEP) has said the government should “immediately” apply the estimated accumulated balance of GH¢948 million in the Price Stabilisation and Recovery Levy (PSRL) account to cushion petroleum consumers instead of waiting for parliament, which is currently on recess, to grant a two-month suspension of the PSRL “when there is accumulated cash to assuage the suffering of the consumers immediately”.

Oct 14, 2021 - 12:00
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Fuel: Use GH¢948 million PSRL balance to cushion consumers now - ACEP to government
The Africa Centre for Energy Policy (ACEP) has said the government should “immediately” apply the estimated accumulated balance of GH¢948 million in the Price Stabilisation and Recovery Levy (PSRL) account to cushion petroleum consumers instead of waiting for parliament, which is currently on recess, to grant a two-month suspension of the PSRL “when there is accumulated cash to assuage the suffering of the consumers immediately”.