Business

Hassan Ayariga condemns traders for arbitrary manipulation of prices 

The founder and leader of the All People’s Congress (APC) Dr. Hassan Ayariga has blamed the trading community for irregular price variability in Ghana.

He has condemned the way and manner prices of commodities have been arbitrarily manipulated by traders making life awful for the masses.

The prices of some key commodities in the country have been on the rise, and the cost of food has increased astronomically.

Traders blamed the situation on international market prices, hike in petroleum products and the Cedi depreciation.

Already, Ghanaians are bearing the brunt of the tensions on the prices of fuel.

Hassan Ayariga speaking in an interview with Onua TV on Thursday October 27, took a swipe at businesses and traders for hoarding and stocking their wares to sell at high prices whenever there is a fuel hike.

He stressed that even though the government has failed, he believes the citizens are also taking advantage of the economic situation to enrich themselves at the expense of the poor.

“If you look at the economic situation, the prices of goods and services in the market, the rate at which the vendors and traders are manipulating the prices of goods and services is alarming.

“People are taking advantage of the failure of the government to increase prices of goods and services which are not even proportionate to the dollar,” he said.

“Go to the market and you will be shocked at the rate at which people have increased the prices of their goods, and when you ask them they say the dollar but it is not everything that we use the dollar to buy,” he quizzed.

The founder of APC insisted that it is the citizenry that are destroying the country not the government as perceived by many and stressing the need for the business community to be careful about price volatility.

He has urged the government to initiate a price guarantee system to help control the price of goods and services in the market as well as to bar people from outrageously increasing prices of commodities.

Mr. Hassan Ayariga equally lauded the Majority side in parliament for demanding the removal of the finance minister, Ken Ofori Attah and minister of state at the ministry of finance Charles Adu-Boahene.

He maintained that the economic team has failed hence the need for President Akufo Addo to relieve them of their duties with immediate effect.

source: 3news.com

Ray Charles Marfo

Digital Marketing and Brands Expert

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button