Ghana-Fuel Prices Shoot Up

Prices of fuel in Ghana have shot up after recent upsurge in the prices of crude oil on the world market.The indicative maximum price of premium petrol is now up by 4.11% to 97.78 pesewas per litre from 93.92 pesewas per litter quoted last month.Kerosene also shot up by 8.76% from 79.38 pesewas per litre to 86.25pesewas per litre.However, the indicative maximum price of Liquefied Petroleum Gas (LPG) shot up significantly by 20.72% from 81.10 pesewas per GHp/Kg to 97.90 pesewas GHp/Kg which may be due to taxi drivers powering their engines with LPG.

The price of gasoline was not spared the shakeup as it also increased by 5.35% from 90.44 pesewas to 95.28 pesewas per litre.The indicative maximum price is a price beyond which an Oil Market Company (OMC) in Ghana is not allowed to sell petroleum products.It could be recalled that Oil prices, traded near a record high of US$93 a barrel and threatens an all time hit of US$100 if political tension and speculation continue in the Middle East, the hub of the oil industry.

Oil hit an all-time high of US$93.07 a barrel yesterday, because of the violence between Turkish soldiers and Kurdish guerrillas and a record low of the US dollar.According to officials from the Organisation of the Petroleum Exporting Countries (OPEC), oil has risen for reason unrelated to supply and demand and that there is little the exporter group can do to lower price.OPEC is set to raise oil output by 500,000 barrels per day from November 11-18, 2007 in Riyadh for their third Heads of State Summit, an event that is usually a talking shop that makes no decision on supply policy.

Reasons adduced to the increases, according to the Public Relations Officer (PRO) of the NPA, Mr. Steve Larbi are not far fetched from the indicators on the futures market.The National Petroleum Authority ACT 691 was enacted by the Parliament of the Republic of Ghana to regulate, oversee and monitor activities in the petroleum downstream industry; to establish a Unified Petroleum Price Fund; and to provide for related purposes.
Source:Ghanaian Chronicle

Money can’t influence delegates---Frimpong-Boateng

A presidential aspirant of the New Patriotic Party (NPP), Professor Kwabena Frimpong-Boateng, has stated that delegates to the congress to elect the party's flag bearer will not base their choice on monetary inducements. "The delegates are listening and comparing what we (the aspirants) say with what we have done and can do for the country and party," he said.

Speaking in an interview in Accra, Prof. Frimpong-Boateng said anybody who claimed he was on top must be joking. According to him, from his interaction with members of the party throughout the country, it was evident that the members had been disappointed and therefore want someone they could trust, someone who would help them build their future. "They tell you no one can buy their conscience and they also know that it is God who establishes kings and will be using them to elect the flag bearer of the party," he added.

Prof. Frimpong-Boateng said he was happy with what was taking place on the ground, stressing that "I am doing very well. I am in to win and will win with God's help." When asked to comment on the results of opinion polls being conducted on supposed leading candidates, he said, the pollsters were "Whistling in the dark". "I believe they are scared and want to put up an appearance of being brave," he stated. According to him, opinion polls are very expensive to conduct and that if one knows the source of funding for the opinion polls, one could predict the outcome. As to why his campaign message has centred on science and technology, Prof. Frimpong-Boateng says everything in nature revolves around science and that until Ghana adopts science and technology, "We cannot survive."

He said science is the factor accounting for the difference between developing countries and the developed ones and that the poverty gap is essentially a technological gap. He added that during the recent devastating floods in the country, it took the assistance of French helicopters to reach inaccessible areas. Prof. Frimpong-Boateng adds that to do anything in education, health, agriculture, environmental sanitation, water resources, renewable energy, among others, technology is required. He says because the country does not have the technological know-how, its imports far outstrip its exports, adding that although the country is endowed with abundant natural resources, those resources are exported in their raw form for far less the value if the country were to refine them.

Prof. Frimpong-Boateng vigorously asserts that science and technology is needed to teach history and archaeology also. "We pride ourselves as a football nation and yet we cannot even-manufacture a football,” he lamented. Prof. Frimpong-Boateng said it was because of the science and technological gap that he had decided to champion it when elected flag bearer and later as President of the Republic of Ghana. According to him, eight years as President of Ghana would be enough to do many things to chart a new path for Ghana's development."We can develop a machine tool centre within a year, start manufacturing small machine parts and develop the capacity to make implements," he added.

Prof. Frimpong-Boateng says it is regrettable that $2.5 million worth of bolts and nuts are imported into the country every year besides other machine parts. "I promise that within four years we should be building pick-ups. We should be able to produce spare parts for other countries," he pledged. "I just don't talk about it, I do it. Right now, I produce my own 'bio-diesel to fuel my vehicles and I have a machine tool centre at the Free Zones and my work as a heart surgeon, which is high-tech, will propel me on to do greater things for Ghana and Ghanaians," he declared, Source: Daily Graphic

GCPP is not a political party - IEA

"GCPP does not qualify as a party to be funded because it has no representative in Parliament and also all efforts by IEA to know where GCPP's offices are located in the country over the years had proved futile." The Institute of Economic Affairs (IEA) has said.The IEA described as baseless the claims by the Great Consolidated Popular Party (GCPP) that the institute is using foreign funds to promote four leading political parties in the country.

The IEA said GCPP was crying foul out of frustration since its allegations against the institute held no water. The GCPP, in a statement issued last week and signed by the General Secretary, John Thompson, described the IEA as a think-tank that was running a parallel Inter-Party Advisory Committee (IPAC) with the four leading parties to decide for the rest of the political parties, adding that the act was undermining democracy.

"lEA is a neo-colonialist organization whose activities should be critically examined by the government," the statement maintained. The party claimed that the monies being used in assisting the parties were coming from a Dutch organization, the Netherlands Institute for Multi Party Democracy (NIMD). According to Mr. Thompson, this action of the IEA was making the political playing field in the country uneven, and also described the IEA as a body which used illegal means to fund four parties to the detriment of others.

Speaking to DAILY GUIDE in reaction to the accusations, however, a source close to the IEA stressed that before a political party could qualify for funding by any entity, it had to have at least one or two representatives in the nation's House of Parliament. It said despite IEA's advice to the leaders of GCPP to fight for Parliamentary seats to enable it to get equal support from various funding bodies as other parties were getting, GCPP remained adamant.

The source stated that IEA did not see why parties' capacities should not be built to help enhance the nation's democracy, stressing that the laws of the land prohibited direct funding of political parties from foreign bodies but did not prevent indirect funding. It emphasized that the IEA, through various measures, had ensured over the years that political parties including the GCPP were educated in all their political endeavours to ensure political and democratic stability in the country.Source: Daily Guide

16 million cedis to be spent on each prisoner

It is estimated that the Government of Ghana would spend an mount of 16 million cedis on each prisoner in Ghana this year, having already spent 10.4 million on each prisoner last year. Mr. Kwamena Bartels, Minister for the Interior, said the calculation was based on the total expenditure of the Prisons Service to care for prisoners.Answering questions in Parliament, on Wednesday in Accra, on issues for which the Ministry is responsible, Mr. Bartels said there were 13,800 prisoners in Ghana.

Out of the number, 713 were prisoners who were foreign nationals from 25 countries from Africa, Europe, the Far East and North and South Africa.There were 4,218 prisoners on remand trial. The question stood in the name of Mr Charles Hodogbey (NDC-North Tongu).Mr Albert Kwasi Zigah (NDC-Ketu South) asked when accommodation facilities at the Aflao Police Station would be upgraded. The Station was said to have been established in the 1950's, but without any major rehabilitation.

Mr Bartels said Government was tackling the problem of accommodation of the Security Agencies, including the Police holistically.The Minister said the Ministry had come out with proposals to handle the situation, adding that attempts were being made to source the requisite resources both locally and internationally. He said more than $120 million would be needed for the housing and office accommodation project for the security agencies. Mr Bartels said the funding would be part of the 2008 supplementary budget proposals to be submitted to Parliament, and that the Security Services, including the Police had been asked to submit a list of all uncompleted projects with cost implications.

"A committee has been set up to assess the total budgetary implications for the completion of projects to enable the Ministry source funds to complete them", Mr Bartels said.The Minister accepted a suggestion from Mr Francis Aggrey Agbotse (NDC-Ho West) to establish an enquiry into reported cases of foreign registered motorcycles from the Republic of Togo, who operate along communities of the Ghana Togo border.Mr. Agbotse had asked why the Police allowed them to operate in such towns as Kpedze, Aflao, Shia, Kpetoe, Nyive and Dzodze, all in the Volta Region.Minister Bartels said the Volta Region had never identified any of such perpetrators and left them off the hook as alleged.

He said information gathered from the Customs, Excise and Preventive Service and the Ghana Immigration Service indicated that such motorcycle owners drop their "passengers" on the side of their border and return to Togo but do not return to Ghana for commercial purposes. The Interior Minister announced that the Ministry had entered into negotiation with the ECOWAS Bank for Development for a loan of $24.7million to procure new fire tenders for distribution to Fire Stations throughout the country.

The response, which was to answer a question by Mr Gershon Gbediame (NDC-Nkwanta South), which sought to know when a fire tender would be supplied to the Nkwanta District Fire Station. Mr Bartels said the Nkwanta Service Station would be considered under that programme.
Source:GNA