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News |
Friday, March 11, 2016 |
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Gov’t to reduce petroleum products
Audrey Micah, Ghanadot
Accra, March 5, Ghanadot - The Minister of Finance, Dr.
Kwabena Duffuor has stated that government will reduce all
petroleum prices as soon as Parliament approves the budget
to reduce the cost of fuel for the people of Ghana.
He said
the National Petroleum Authority (NPA) will immediately
structure the new directives in their documents for the
commencement of the programme.
Dr. Duffuor said this when he laid before Parliament government’s
Rescue Package for the national economy.
On petroleum revenues, the Finance Minister said, the
revenues from oil production will come on board soon. He
said the revenues from the oil production will be used to
transform and reduce poverty in the country, adding that the
rest will also be stored for future use.
Dr. Duffuor disclosed that government will also expand the
problem of bridging the development gap between the Northern
and Southern Ghana to encompass all the savannah areas
including Southern part of Brong Ahafo and Volta region.
‘We intend to establish savannah areas development
authorities, the Northern development fund act will
therefore be revised to accommodate a new policy which will
be co-opted into Ghana’s medium to long term development programme in 2009.
He said government intends to harvest the resources of the
savannah areas with value added processes, improved
technology attached, coupled with strategic investments in people and
social services.
In the Central region, he said, CEDICOM will be reactivated
as a regional development institution and will be supported
to design and establish a job creation strategy, ‘including
the integrated development of the fishing belt and food
securities.
Dr. Duffuor said government will give free school uniforms
and exercise books to all school children in the government
schools.
But the minority in Parliament have refused to accept the
details read by the Finance Minister, saying it the budget
is spurious and phony, and must not be accepted by the
public.
Ghanadot |
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EC announces April 7 for Jirapa
by-elections
Accra, March 5, Ghanadot - The Electoral
Commission has announced April 7, 2009 as the date for
the by- election in the Jirapa Constituency of the Upper
West Region.....More |
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Wulugu Naaba elected
President of National House of Chiefs
Accra, March 5, Ghanadot/GNA – The
National House of Chiefs has elected Naa Prof.
John S. Nabila, Wulugu Naba, as President of the
House, to replace Odeneho Gyapong Ababio II,
Sewfwi Bekaihene....
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Minister to investigate Ghana Post
Accra, Mar 4, Ghanadot/GNA – Mr. Haruna Iddrisu,
Minister of Communications, on Wednesday inaugurated a
four-member committee to investigate allegations of
financial irregularities at the Ghana Post (GP).....More
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Poor Countries Need Extra Help to Get Through Global
Crisis
IMF Survey, March 5, Ghanadot -
A new IMF study finds that at least $25 billion in urgent
concessional financing will be needed this year to help
low-income countries affected by the deepening global
economic crisis and prevent millions from falling back into
poverty......More
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