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April 5th , 2025

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PREMIX FUEL PRICES TO BE STANDARDISED NATIONWIDE FOR FISHERFOLK RELIEF

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The National Chairman of the Premix Fuel Committee, Rockson-Nelson Dafeamekpor, has unveiled plans to standardise premix fuel prices across the country while operationalising automated vending stations. This move is intended to curb exploitation by middlemen, ensuring that fisherfolk and boat operators can access fuel at fair and regulated prices.

Addressing the issue in an interview on Channel One Newsroom, Dafeamekpor explained that the committee has already launched 30 automated vending stations, with 80 more expected to become operational soon. These stations aim to streamline the distribution process and eliminate hoarding and price manipulation by middlemen. He emphasised that the intervention is necessary as many middlemen purchase fuel, stockpile it, and later sell it at inflated prices to the final consumers. The automation of fuel vending is expected to put an end to such practices.

A major concern for the committee is the price disparity of premix fuel across various regions. In response, strict directives have been issued to ensure uniformity in pricing. Dafeamekpor stated that any landing beach committee, whether inland or marine, found selling the product above the stipulated price will face sanctions. These measures aim to protect the livelihoods of fisherfolk who rely heavily on affordable fuel to sustain their businesses.

The committee is also taking further steps to ensure compliance. Dafeamekpor warned that members of the landing beach committees who are caught overpricing the product will be dismissed. This action is expected to send a strong message that the government is serious about enforcing fair pricing. According to him, such sanctions will discourage dishonest practices and uphold the integrity of the supply chain.

The Premix Fuel Committee is also set to conduct training sessions for members of the landing beach committees. These sessions will educate them on proper fuel management practices and the importance of fair pricing for all stakeholders. This initiative seeks to create awareness and foster a culture of responsibility within the sector. Fisherfolk and boat operators will also be included in these training sessions to ensure they understand their rights and the pricing mechanisms in place.

Over the years, concerns have been raised about the accessibility and affordability of premix fuel in Ghana. Many fisherfolk have struggled with erratic supplies, unfair pricing, and unscrupulous individuals taking advantage of the system. The government’s new approach seeks to address these longstanding challenges by making premix fuel available at regulated prices nationwide. This intervention comes as part of a broader effort to improve the fisheries sector and support those who depend on it for their livelihoods.

Stakeholders in the industry have welcomed these developments. Many believe that the implementation of automated vending stations will bring much-needed transparency to the system. For years, the involvement of middlemen has been a significant problem, with many fishermen forced to pay exorbitant prices or face shortages. By eliminating these intermediaries, the government is expected to make premix fuel more accessible and affordable.

The fisheries sector is a critical component of Ghana’s economy, providing employment to thousands of people. However, challenges such as fuel shortages and price fluctuations have negatively impacted productivity. Standardising fuel prices is expected to reduce the financial burden on fisherfolk and enhance economic stability in coastal and inland fishing communities.

Government officials have also expressed their commitment to ensuring the success of the initiative. The Ministry of Fisheries and Aquaculture Development has pledged its support to enforce the new pricing system and oversee the proper distribution of premix fuel. There are also plans to monitor the operations of the automated vending stations to prevent potential abuse of the system.

Experts in the field have also weighed in on the new policy, stating that while it is a step in the right direction, strict enforcement will be necessary to achieve long-term success. They believe that beyond setting uniform prices, the government must ensure that the supply chain remains transparent and that all stakeholders adhere to the regulations. Failure to do so could see a resurgence of the same issues that have plagued the industry in the past.

Some fisherfolk have already begun to express optimism about the changes. According to them, if the government is able to maintain a steady supply of fuel at standardised prices, their businesses will thrive. Many have recounted instances where they had to buy fuel at nearly double the stipulated price due to artificial shortages created by middlemen. They hope that with the new automated system, such difficulties will become a thing of the past.

As the government moves forward with these reforms, industry players and fisherfolk alike will be watching closely to see if the promises made will be fulfilled. Many are hopeful that these changes will mark the beginning of a more efficient and transparent premix fuel distribution system in Ghana.

 




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