One Ghanaian lawmaker said in a tweet that the wealthy benefit more from cheap gas than the underprivileged. According to the politician quoted in the post, a poor person only receives one liter of gasoline for their bicycle while a rich person receives between 50 and 60 liters of gasoline for their car. The point made in the post is intriguing, even though it’s not clear if the politicians actually said it.
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Is inexpensive gasoline truly more beneficial to the wealthy, one wonders? The question has a thorough response from an economist. noted that there are seven motorcycles for every one car in Ghana in his response to the post. For a car with a 60-liter capacity, there are “probably 70 motorcycles,” the economist said, adding that bikes use more gasoline than cars do. “There are 110 bikes for every bus, so the answer is to provide buses and subsidize them,” he said in his conclusion.
The current administration raised the price of gasoline twice in two weeks, setting a record-high price, which sparked a discussion on social media. The general public has been expressing dissatisfaction about the storm of inflation that comes along with the hit of pricey gasoline products.