Duncan Amoah, the Chamber of Petroleum Consumers (COPEC) Executive Secretary, has voiced his disagreement with the government's choice to continue applying the BOST margin to petroleum goods.He suggested that the government reconsider its choice.After Energy Minister Dr. Matthew Opoku Prempeh said that the 9pesewas BOST margin on petroleum goods will not be eliminated any time soon, he made the remarks.

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“I can promise that the BOST margin on petroleum products is not being taken off anytime soon. We will use the BOST margin efficiently and effectively to protect the citizens of this country against the vagaries of private sector interest, which has always been about profit,” the minister said at BOST’s first annual general meeting on September 14, 2022.

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But Duncan Amoah believes that the BOST margin may not be necessary if the entity keeps to its stipulated mandate."I utterly disagree with the Minister when he claims that the margin won't be reduced, given the fact that private BDCs also have product storage depots and are forced to run on a tight budget despite receiving no margin.

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Therefore, perhaps this discussion needs to be had in a wider context," he is cited as saying by CitiNewsroom.com.To relieve the pressure on consumers, several have urged for the elimination of certain taxes and levies on petroleum goods.The government has failed to heed the warning, though.

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