GRi Business, Economics & Finance 12 – 02 - 2003

Government urged to re-consider premix fuel price

Tema Oil Refinery checks illegal siphoning of fuel

Don’t charge VAT on sachet water

 

 

Government urged to re-consider premix fuel price

 

Accra (Greater Accra) 12 February 2003- The Ghana National Canoe Fishermen Council, on Tuesday appealed to the government to reduce the price of premix fuel to prevent the industry from collapse.

 

The council said it fully appreciates and highly commends government for the bold and courageous steps it adopted by increasing petroleum products to remedy the country's ailing economy but deplored the rate at which the prices were increased.

 

Nii Abeo-Kyerekuandah IV, the Executive Secretary made the appeal at the Council's General Meeting in Accra. The meeting was to enable members to share ideas and discuss possible ways of saving the industry from collapse.

 

He said canoe fishing produces about 70 percent of the national total fish landings and any attempt by government to turn down their appeal would bring untold hardship to fishermen.

 

He said the current increase from 7,500 cedis to 16,000 cedis was so high for members. Nii Abeo-Kyerekuandah said previously, it cost a member who decides to do hook and line fishing 1.3 million cedis but with the increase it now costs 3.5 million cedis.

 

He said there was the need to streamline the administration of the premix fuel to ensure its judicious use to bring sanity into the industry. He said Pair Trawling and politics were posing additional threats to the industry.

 

Flight Lieutenant Miltiades Tackey (RTD), President of the National Fishers Association of Ghana (NAFAG), called for continued collaboration between members. He advised members to stop unnecessary rivalry and work as a team to develop the industry and called on members to send their children to school.

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Tema Oil Refinery checks illegal siphoning of fuel

 

Tema (Greater Accra) 12 February 2003- The management of the Tema Oil Refinery (TOR) is putting measures in place to check illegal activities at the TOR, Robert B. Forson, Deputy Managing Director in charge of Operations told the Ghana News Agency (GNA) in an interview on Monday.

 

As part of the measures, he announced that from March, tanker drivers and their mates would start wearing common uniform for easy identification to check infiltration. He said tanker operators have welcomed the new measures because they were also worried about people mingling with them to commit crimes that go to tarnish their image.

 

Forson said the bushy areas around the pipelines at the premises of the refinery that has served as a hide out for criminal activities has been cleared.

 

He said the measures have become necessary in view of the fact that the company's security and the security agencies cannot be at every corner of the refinery to keep watch and expressed the hope that it would bring sanity into the system adding that they were liaising with the security agencies to find a lasting solution to the problem.

 

Last week seven people were arrested at TOR for siphoning fuel from tankers that have already been served into containers and they were put before a Tema court where they were remanded into custody to re-appear on Wednesday, 12 February. They all pleaded not guilty.

 

They were Kwasi Donkor, unemployed, Kwasi Ahroe, apprentice electrician, Thomas Appiah, electrician, Kofi Asamoah and Kwame Adjei both drivers and Daniel Coleman and Morgan Seidu both driver's mate.

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Don’t charge VAT on sachet water

 

Kumasi (Ashanti Region) 12 February 2003- The Association of Processed Drinking Water Producers has cautioned moves by the VAT Secretariat to charge VAT on sachet water, saying, it could force many Ghanaians to resort to drinking impure and unsafe water.

 

Such a development, the association held, could have far reaching consequences on the government's efforts at promoting quality health. These were contained in a press statement issued in Kumasi and signed by Patrick Adu-Gyamfi, the Chairman of the association.

 

The Association said if pharmaceuticals have been exempted from the VAT, it wondered why the same dispensation could not be extended to water, which is equally important for health.

 

It pointed out that safe water was never a luxury but an essential necessity of life and nothing should be done to deny the people access to good quality water. "It is only now that people are coming to accept sachet water which is produced under hygienic conditions to meet standards set by the Ghana Standards Board, and we should not kill off this interest".

 

The association noted that apart from payment of income tax to the Internal Revenue Service (IRS) by its members, they also pay VAT on raw materials they use for their production as well as electricity consumption, adding, "this should be enough".

 

It maintained that in as much as it appreciated the fact that taxation was vital for national development, it was of a firm opinion that "it should have a more human face".

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