Former Minister of Power, Dr Kwabena Donkor, has criticised recent fuel price discounts offered by some oil marketing companies (OMCs), warning that the practice violates Ghana’s Uniform Petroleum Pricing Plan.
Speaking on Joy FM’s Super Morning Show on Tuesday, January 20, Dr Donkor argued that discounts applied at selected fuel stations contravene the law, which requires uniform pricing across an OMC’s entire network.
“What some OMCs are doing breaks the law, and there is a law on uniform petroleum pricing, and under that law, you must sell at the same prices across your networks. If you decide to discount, you should discount across the whole network. You cannot discount on selected filling stations,” he said.
He cautioned that selective price reductions could have adverse long-term consequences for consumers.
“When you do that, you create a situation where certainly one or two OMCs become so dominant that whenever they decide to change their prices, it will impact negatively on the consumer,” he explained.
Dr Donkor noted that such practices not only undermine regulatory guidelines but also risk distorting the market, to the disadvantage of operators who strictly comply with the uniform pricing regime.
His comments follow recent price reductions by the state-owned GOIL and private operator Star Oil at selected outlets, a development that has attracted public scrutiny.
Meanwhile, the Chamber of Oil Marketing Companies (COMAC) is expected to hold an emergency meeting on Wednesday, January 21, 2026, to agree on a common position regarding the Petroleum Price Floor Programme.
Source: adomonline.com
