01
May
Removing Taxes On Petroleum Products Means Losing ¢4b In Revenue – Akufo-Addo President Akufo-Addo has declared that his government will not remove taxes on petroleum products. He made this known in his May Day speech while responding to calls for a removal of some taxes on petroleum products as a means to reduce prices and alleviate the high cost of living in the country. According to the President, the removal of these taxes is not prudent as it would lead to the government missing out on some 4billion cedis in revenue. “At this time, when we are determined to expand…