Ghanaians will from 1st June 2020 pay more for fuel at the various filling stations as government has increased a tax component on petroleum products.
The National Petroleum Authority (NPA) in a statement said the BOST Margin which used to be three pesewas per litre has been increased by an additional three pesewas.
The regulator in the statement said the increment was approved by Cabinet.
“We write to inform you of a review of the BOST Margin in the Price Build-Up (PBU) of petroleum products effective 1st June 2020. This is in line with a decision taken by Cabinet and communicated to the National Petroleum Authority (NPA) by the Ministry of Energy,” the statement said.