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The Ghana Revenue Authority (GRA) has postponed the implementation of the controversial GHC1 Energy Sector Shortfall and Debt Repayment Levy following strong opposition from the Chamber of Oil Marketing Companies (COMAC) and other industry stakeholders.
Originally set to take effect on Monday, June 9, the levy will now be enforced from June 16, 2025, after the GRA engaged oil marketers in what it described as “cordial and constructive discussions”.
“The Association has concerns with the 9 June implementation date. We have discussed with their leadership in the spirit of cordiality and partnership and have agreed on a new start date of 16 June,” the GRA confirmed in a statement to Citi News.
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The levy, which forms part of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), is aimed at generating additional revenue to pay down the country’s ballooning energy sector debts and stabilise power supply. However, industry players argue that the abrupt implementation could destabilise fuel prices and worsen the financial burden on consumers.
Under the amended levy structure, the following increases will apply to petroleum products lifted on or after June 16:
- Super Petrol (Motor Spirit): GH₵0.95 → GH₵1.95
- Diesel / AGO & Marine Gas Oil (Foreign): GH₵0.93 → GH₵1.93
- Marine Gas Oil (Local): GH₵0.03 → GH₵0.23
- Heavy Fuel Oil (RFO): GH₵0.04 → GH₵0.24
- Partially Refined Oil (Naphtha): GH₵0.95 → GH₵1.95
- LPG remains unchanged at GH₵0.73 per kg.
Transitional Provisions
- Petroleum products lifted before June 16 will be taxed under the old rates.
- “Cash-and-carry” sales by Petroleum Product Marketing Companies (PPMCs) lifted from June 1 onwards will be subject to the new rates.
GRA Commissioner-General Anthony Kwasi Sarpong signed the directive and urged fuel stations and depots to ensure strict compliance once the levy takes effect.
While the government insists the levy is essential for financial recovery in the energy sector, the lack of stakeholder engagement prior to the initial rollout prompted backlash.
COMAC and other fuel marketers argued that the levy would not only raise pump prices but also risk disrupting supply chains if not carefully managed.
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