The Ghana Revenue Authority (GRA) has delayed the rollout of the GHS1 Energy Sector Shortfall and Debt Repayment Levy to June 16, 2025, following opposition from oil marketing companies.
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Originally scheduled to take effect on Monday, June 9, the levy met strong resistance from the Chamber of Oil Marketing Companies (COMAC). COMAC warned that the sudden price hike could worsen fuel costs and increase pressure on consumers.
After holding discussions with industry stakeholders, the GRA agreed to shift the date. “The Association had concerns with the June 9 implementation date,” the GRA noted in a statement to Citi News. “In the spirit of cordiality and partnership, we’ve agreed on a new start date of June 16.”
The levy is part of the government’s plan to reduce energy sector debts and improve power supply. However, oil marketers argue they were not properly consulted and believe the move could further destabilize the downstream petroleum market.
Key Changes Under the New Rates:
- Petrol (Super): from GHS0.95 to GHS1.95
- Diesel/Marine Gas Oil (Foreign): from GHS0.93 to GHS1.93
- Marine Gas Oil (Local): from GHS0.03 to GHS0.23
- Heavy Fuel Oil (RFO): from GHS0.04 to GHS0.24
- Partially Refined Oil (Naphtha): from GHS0.95 to GHS1.95
- LPG: remains unchanged at GHS0.73
Transitional Measures:
Products lifted before June 9 will still attract old rates.
Cash-and-carry transactions made on or after June 1 will attract the new levy, regardless of invoice date.
GRA’s Commissioner-General, Anthony Kwasi Sarpong, signed the revised directive and urged full compliance across all depots and fuel stations.
