Managing Editor of the Insight newspaper, Kwesi Pratt Jnr has blamed the recent hike of Petroleum Prices on the 'lazy' attitude of politicians.

According to him, if those in charge will 'sweat' and think critically of other innovative ways, there will be no need for any increment.

"We want the cheap easy way out that is the cause of our current predicament. If everyone will work hard and do what is necessary, I don’t think we will get to where we are currently," he said during a panel discussion on Peace FM's morning show 'Kokrokoo', Tuesday.

Petroleum prices increased

Prices of the various petroleum products have started going up from Monday after the various Oil Marketing Companies (OMCs) were directed by the National Petroleum Authority (NPA) to start applying revised Energy Sector Levies.

Based on the revision petrol would witness a ¢0.20 adjustment, while Diesel would also attract ¢0.20 jump in price per litre.

The increase is as a result of the Road Fund Levy, Energy Debt Recovery Levy, as well as the Price Stabilization and Recovery Levy increased up 20 percent.