The Government of Ghana has suspended indefinitely the new fuel levy which was scheduled for implementation on Monday, June 16, 2025.
The new levy imposed Gh¢1 on every litre of petroleum products namely petrol, diesel, LPG and Marine Gas Oil.
The aim was to generate about Gh¢450 million every month to settle nearly US$3 million debt in the energy sector.
The levy received opposition from a section of Ghanaians including the Chamber of Oil Marketing Companies and the Minority Caucus in Parliament, citing lack of stakeholder consultation.
In a statement issued by the Commissioner of GRA, Anthony Sarpong, it said his outfit had been instructed by the Minister for Finance to put the implementation on hold.
The statement said a new effective date would be announced in due course.
The suspension provides a temporary relief to consumers amid concerns over the rising fuel prices and cost of living pressures.
Source: https://energynewsafrica.com
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