The Chamber of Petroleum Consumers (COPEC) has called on the government to create a dedicated and independent account for managing the GHS1 fuel levy.
According to the chamber, such a move would improve transparency, promote efficient fund management, and ensure that revenues generated from the levy are used strictly for their intended purposes.
The GHS1 fuel levy has been a key source of revenue within the petroleum pricing structure, but COPEC argues that without a separate account, its monitoring and accountability remain limited.
In an interview with ABC News GH on Monday, the Executive Secretary, Paul Ofori, stressed that the proposal seeks to safeguard the levy against potential diversion and enhance public trust in how the funds are utilized.
This call comes against the backdrop of the Ministry of Finance’s request for public input in drafting the 2026–2029 Budget Statement and Economic Policy.
In its public notice, the ministry emphasized the importance of stakeholder participation, stating that contributions from various groups have historically influenced budget formulation.
The 2026–2029 budget is set to be presented to Parliament by November 15, 2025, with the government seeking to deepen citizen engagement in economic planning.
