The Chief of Staff, Madam Akosua Frema Osei-Opare disclosed this at the launch of phase two of Petroleum Product Marking Scheme, (PPMS) in Accra.
The PPMS Unit provides a foundation for an effective quality monitoring system by introducing a marker in trace qualities into petroleum products at all operational depots in the country prior to distribution to the market.
Madam Akosua Frema Osei-Opare noted that the drop is attributable to the deterrent effect the scheme and government policies are having on the perpetrators of product adulteration in the industry.
She stated that the extent of violations translated to an estimated government revenue loss in excess of 50 million Cedis in the form of lost tax revenue and diverted subsidies on social products.
According to her, a well-executed program will benefit the government and people of Ghana with further estimated revenue recovery and reduction in pollution created by emissions from use of adulterated petroleum products.
She stated that the NPA, through meaningful and consistent engagement with its stakeholders, continuously strive to ensure that consumers of petroleum products are assured of high quality fuel from petroleum product retail outlets in the country.
Madam Frema Osei-Opare added that such measures taken to guarantee product quality is the deployment of the PPMS which is designed to check product adulteration and also address some revenue leakages associated with the sale and smuggling of petroleum products.
She noted that fuel adulteration is a global problem that needs stringent measures to deal with, decrying the alarming rate of cheating often perpetuated on the consumer.
The Chief of Staff stated that the scourge of fuel adulteration is that consumers who pay for quality products not only end up being cheated but lose money in the process.
She further pointed out that the reputation of the fuel retail outlet where the purchase is made is also tarnished and the government also loses millions of Cedis in revenue that is needed to develop the country.
Madam Frema Osei-Opare was hopeful that the scheme will continue to help stamp out deceitful dealers who supply substandard fuel to consumers and will give Ghanaian consumers the assurance that they are getting value for the money for the petroleum products they purchase.