Business News of Tuesday, 23 July 2024

Source: rainbowradioonline.com

Claims we are opposed to Cylinder Recirculation Model false – Association

File photo of gas cylinders File photo of gas cylinders

The LPG Marketing Companies Association of Ghana has refuted reports that it was against the Cylinder Recirculation Model (CRM). The association described the claims as false.

This response was in reaction to claims made by Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA), who had claimed that the association opposed the CRM.

In a statement issued on Sunday, July 21, the association said, “The assertion that we oppose the CRM is categorically false. We have engaged in numerous discussions with the NPA and have mutually agreed that both the refilling and CRM systems must operate side by side.

“Our advertisements are solely aimed at promoting LPG usage to protect our environment and promote indigenous businesses, not to oppose CRM.”

The association disclosed that a request to mount cages in all LPG stations across the country to support the policy by distributing CRM cylinders was turned down by the NPA.

“We, therefore, find it very ironic and disingenuous that the CEO would turn around and accuse us of being backwards-looking and not wanting change. We take very serious exception to that derogatory statement,” the association said.

“It is imperative for the NPA to maintain neutrality and fulfill its role strictly as a regulator. The use of funds generated by members of our association to support and promote foreign and semi-foreign entities at the expense of indigenous Ghanaian businesses is unjust, unnationalistic, and highly unacceptable.

“Taxpayer funds should not be diverted to support and advertise for private bottling companies that have the financial means to promote their businesses,” it stated.