Minister designate for Petroleum and Energy, Boakye Agyarko has reiterated his resolve to drastically reduce fuel prices and utility tariffs under when approved by parliament to serve sector minister.

According to Agyarko, prudent financing of Ghana’s energy sector will be the best way to end power crisis under his regime.

Many have applauded the former Vice President of the Bank of New York in what has been described as an impressive delivery before the appointments committee.

Fuel prices shot up by 4 percent in the second pricing window resulting in possible hikes in transport fares and cost of goods and services.