The Government of Ghana has finally set July 16 for the charging of the controversial Gh¢1 levy on every litre of petroleum products, after it was suspended twice in June.
The levy will be charged on petrol, LPG, Marine Gas Oil (foreign), Marine Gas Oil (local), and Heavy Fuel Oil.
The new levy, passed by Parliament under a certificate of urgency, is intended to raise funds to clear debt in the energy sector.
However, it faced resistance from a section of Ghanaians and the Chamber of Oil Marketing Companies, citing a lack of consultation, which forced the government to suspend it.
In a statement on July 1, sighted by Plan B News, the Ghana Revenue Authority (GRA) announced the new implementation date as July 16.
The GRA stated, “Reference is made to our previous communication dated 13th June 2025, which announced the postponement of the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141).
This decision was taken in consultation with the Ministry of Finance and the Ministry of Energy to allow for comprehensive monitoring of global market conditions and to safeguard recent gains in domestic pump prices.”
The authority further stated, “We are pleased to inform you that, following a thorough review of prevailing market indicators and in line with the government’s commitment to ensuring stable economic conditions, the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will now commence, effective 16th July 2025.”
By: Planbfmonline.com
Discussion about this post