Radio presenter Abeiku Santana has charged the appropriate authorities to arrest persons still charging exorbitant prices for their goods and service despite the dollar fall.
The dollar has been depreciating against the dollar for some days. The dollar now is reportedly now buying at 11.4943 and selling at 11.5058. against a dollar. However, prices of goods and services have not reduced.
Following the new development, some Ghanaians expected prices of goods and services to be reduced after the decline of the dollar. However, it seems the prices of items are still the same in the market.
Reacting to the latest development, Abeiku Santana has called on the police on his show on Okay101.7fm to start arresting those who are still charging exorbitant prices.
“I’m pleading with the Bulk Oil Distributors. The dollar’s value has declined so pls reduce the prices of your fuel. Oil marketing companies should also reduce their prices. Just as the dollar is declining every day, you need to also reduce your prices every day. Drivers and transport operators who have increased their prices, now the dollar is going down, it’s time to cut down your prices. The police also need to start arresting those who are still charging outrageous prices.”
“The worse of all is the fact that at the Ports and Harbours, the exchange rate is still GHC15.000 or sometimes GHC14.00 against the dollar despite the decline in the US currency,” Abeiku Santana added.