Barring any last-minute changes, the Ghana Revenue Authority (GRA) is expected to begin implementing the recently approved GH¢1 Energy Sector levy on petroleum products today, July 16, 2025.
Originally scheduled to take effect on June 9, 2025, the implementation was postponed twice due to stiff opposition from the Chamber of Oil Marketing Companies (COMAC), transport operators, and other stakeholders.
In an earlier statement, Acting GRA Commissioner-General Anthony Kwasi Sarpong explained that the decision to delay the rollout was to monitor global market conditions and help maintain recent fuel price stability.
Following a comprehensive market assessment, the GRA has now confirmed the rollout, stating it aligns with the government’s broader objective of maintaining stable economic conditions while addressing energy sector debt.
The adjusted rates reflect notable increases across various petroleum products:
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Petrol (motor spirit): GH¢0.95 → GH¢1.95
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Diesel (gas oil): GH¢0.93 → GH¢1.93
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Marine Gas Oil (foreign vessels): GH¢0.93 → GH¢1.93
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Marine Gas Oil (local): GH¢0.03 → GH¢0.23
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Heavy Fuel Oil: GH¢0.04 → GH¢0.24
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LPG and Naphtha: Remain unchanged at GH¢0.73 per litre
The increase in LPG and naphtha levies remaining unchanged is expected to bring some relief to households relying heavily on LPG for cooking and energy needs.
In a related development, President John Mahama, on Tuesday, July 15, 2025, announced the cancellation of fuel allowance allocations for all political appointees. The move is seen as a major step toward curbing waste and ensuring efficient use of state resources.
According to Deputy Presidential Spokesperson Shemima Muslim, the funds saved will be redirected into critical social and development initiatives, reinforcing President Mahama’s broader “Reform and Reset Agenda.”
Source: Adomonline.com
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