• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • World
Fuel Stations to double as EV Charging Centers

Fuel Levy takes effect today – GRA

9 June 2025
Speaker Questions Continued Heavy Funding for OSP Despite Lack of Results

Speaker Questions Continued Heavy Funding for OSP Despite Lack of Results

5 December 2025
NPP Presidential Primaries: There Is No ‘System Candidate’ in the Race –  Member of NPP’s Constitutional Review Committee Dispels

NPP Presidential Primaries: There Is No ‘System Candidate’ in the Race –  Member of NPP’s Constitutional Review Committee Dispels

4 December 2025
OSP Accuses Martin Kpebu of Tarnishing Special Prosecutor’s Reputation

OSP Accuses Martin Kpebu of Tarnishing Special Prosecutor’s Reputation

4 December 2025
Martin Kpebu Released After Hours of Detention by OSP

Martin Kpebu Released After Hours of Detention by OSP

3 December 2025
Learn From Us – Dr. Rashid Tanko Computer Tells NPP

Learn From Us – Dr. Rashid Tanko Computer Tells NPP

3 December 2025
Dr. Dickson Adomako Kissi Appeals to Health Minister Not to Scrap Zipline

Dr. Dickson Adomako Kissi Appeals to Health Minister Not to Scrap Zipline

3 December 2025
Weija Plant Shut Down: Old Pipelines Have Outlived Their Life Span, Management Not In The Position to Replace Them – Ghana Water Limited

Weija Plant Shut Down: Old Pipelines Have Outlived Their Life Span, Management Not In The Position to Replace Them – Ghana Water Limited

3 December 2025
Nigeria’s President Tinubu Appoints Former CDS to Replace Defence Minister

Nigeria’s President Tinubu Appoints Former CDS to Replace Defence Minister

3 December 2025
Kpandai Parliamentary Seat:  ‘We believe that we will win the case; that’s why we have started preparing for the elections’ – NDC

Kpandai Parliamentary Seat: ‘We believe that we will win the case; that’s why we have started preparing for the elections’ – NDC

2 December 2025
Dr. Appiah Kusi Calls for Establishment of Fans Support Fund Amid Debate Over State Sponsorship for World Cup

Dr. Appiah Kusi Calls for Establishment of Fans Support Fund Amid Debate Over State Sponsorship for World Cup

20 November 2025
Black Stars Fall 2-0 to Japan in Kirin Cup Opener

Black Stars Fall 2-0 to Japan in Kirin Cup Opener

14 November 2025
Eighteen Black Stars players report to camp in Nagoya ahead of 2025 Kirin Cup

Eighteen Black Stars players report to camp in Nagoya ahead of 2025 Kirin Cup

12 November 2025
ADVERTISEMENT
  • Advertise
Friday, December 5, 2025
abcnewsgh
  • Home
  • News
  • Politics
  • Business
  • Sports
No Result
View All Result
abcnewsgh
No Result
View All Result
Home Business

Fuel Levy takes effect today – GRA

by Newsroom
9 June 2025
in Business
0
Fuel Stations to double as EV Charging Centers
13
VIEWS
ShareTweetSendSend

The Ghana Revenue Authority (GRA) has officially announced that new levy rates on petroleum products will take effect today, Monday, June 9, 2025, under the revised Energy Sector Levies Act, 2025 (Act 1141).

The new directive, issued through Tariff Interpretation Order (TIO) No. 2025/003, is part of the government’s strategy to generate additional revenue to reduce energy sector shortfalls, clear legacy debts, and stabilise the national power supply.

Per the GRA’s directive, the Energy Sector Shortfall and Debt Repayment Levy has seen notable increases across several petroleum products:

Super Petrol now rises from GH¢0.95 to GH¢1.95, Diesel and Marine Gas Oil (Foreign) from GH¢0.93 to GH¢1.93, Local Marine Gas Oil from GH¢0.03 to GH¢0.23, and Heavy Fuel Oil from GH¢0.04 to GH¢0.24.

Partially Refined Oil (Naphtha) also rises from GH¢0.95 to GH¢1.95, while LPG remains unchanged at GH¢0.73. Commissioner-General Anthony Kwasi Sarpong has instructed full compliance at all ports and fuel stations, with transitional provisions applying to products lifted before the effective date.

Meanwhile, Lawyer and Senior Vice President of IMANI-Africa, Kofi Bentil, has slammed the government’s decision, asserting that the levy is a misguided response to structural failures.

“The problem in our energy sector will not be solved by taxes. The problem in our energy sector is a problem of incompetence and corruption,” Bentil argued in aninterview on Saturday, June 7.

“The people who run the energy sector—check—when they leave, they leave very rich.” He contended that without addressing mismanagement, additional levies will only burden consumers without fixing the sector’s underlying issues.

Tags: Fuel LevyH.E John Dramani Mahama
ShareTweetSendSend
Newsroom

Newsroom

Related Posts

There is no plan to seek additional IMF support – Ato Forson
Business

IMF begins fifth review of Ghana’s economic performance today

29 September 2025
Reasons for the Cedi’s appreciation
Business

Ghana cedi appreciates by 21% against US dollar in nine months of 2025

17 September 2025
Ghana Stock Exchange market activity drops 87.19% in volume in August
Business

Ghana Stock Exchange market activity drops 87.19% in volume in August

12 September 2025

Recent Posts

  • Speaker Questions Continued Heavy Funding for OSP Despite Lack of Results 5 December 2025
  • NPP Presidential Primaries: There Is No ‘System Candidate’ in the Race –  Member of NPP’s Constitutional Review Committee Dispels 4 December 2025
  • OSP Accuses Martin Kpebu of Tarnishing Special Prosecutor’s Reputation 4 December 2025
  • Martin Kpebu Released After Hours of Detention by OSP 3 December 2025
  • Learn From Us – Dr. Rashid Tanko Computer Tells NPP 3 December 2025
  • Trending
  • Comments
  • Latest
PROFILE OF COP CHRISTIAN TETTEH YOHUNO, DEPUTY INSPECTOR GENERAL OF POLICE

PROFILE OF COP CHRISTIAN TETTEH YOHUNO, DEPUTY INSPECTOR GENERAL OF POLICE

18 July 2024
China displeased with Ghana media misreporting of IMF deal

China displeased with Ghana media misreporting of IMF deal

25 May 2023
Bawumia declares 2024 presidential bid

Group picks up NPP’s flagbearership forms for Bawumia.

26 May 2023
LIST OF RIVERS POLLUTED BY GALAMSEY ACTIVITIES IN GHANA

LIST OF RIVERS POLLUTED BY GALAMSEY ACTIVITIES IN GHANA

12 September 2024
2024 Election: Ayariga claims ‘Vote Theft’, pitches APC as ‘Third Force’

2024 Election: Ayariga claims ‘Vote Theft’, pitches APC as ‘Third Force’

2
Hassan Ayariga accuses EC of auctioning Presidency to wealthiest bidders

Hassan Ayariga accuses EC of auctioning Presidency to wealthiest bidders

1
‘I will import necessary goods in 6 months, lockdown the economy for 1 year’ – Hassan Ayariga explains his policies

‘I will import necessary goods in 6 months, lockdown the economy for 1 year’ – Hassan Ayariga explains his policies

1
Bawumia launches local streaming platform Ghana Music Xperience

Bawumia launches local streaming platform Ghana Music Xperience

1
Speaker Questions Continued Heavy Funding for OSP Despite Lack of Results

Speaker Questions Continued Heavy Funding for OSP Despite Lack of Results

5 December 2025
NPP Presidential Primaries: There Is No ‘System Candidate’ in the Race –  Member of NPP’s Constitutional Review Committee Dispels

NPP Presidential Primaries: There Is No ‘System Candidate’ in the Race –  Member of NPP’s Constitutional Review Committee Dispels

4 December 2025
OSP Accuses Martin Kpebu of Tarnishing Special Prosecutor’s Reputation

OSP Accuses Martin Kpebu of Tarnishing Special Prosecutor’s Reputation

4 December 2025
Martin Kpebu Released After Hours of Detention by OSP

Martin Kpebu Released After Hours of Detention by OSP

3 December 2025
abcnewsgh

Copyright © 2023 ABCNewsGH.

Navigate Site

  • Advertise

Follow Us

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sports

Copyright © 2023 ABCNewsGH.