The Ministry of Energy and Green Transition has clarified that the continuation or cancellation of the controversial GH₵1 fuel levy will depend on the evolving needs and performance of Ghana’s energy sector. Speaking on Joy FM’s Super Morning Show on Monday, July 14, Richmond Rockson, Head of Communications at the Ministry, said the levy was...
Category: Fuel Price
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Transport Operators Reject GH₵1 Fuel Levy, Demand Immediate Suspension and Transparent Dialogue
The Coalition of Commercial Transport Operators, representing over 90% of commercial drivers nationwide, has strongly opposed the recently announced GH₵1 levy on every litre of fuel purchased. In a press statement, the Coalition described the levy as “retrogressive and insensitive,” criticising its implementation without proper consultation with key stakeholders in the transport sector. They argue...
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World oil market may be tighter than it looks, IEA says
VIENNA, July 11 (Reuters) – The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet summer travel demand. The IEA, which advises industrialised countries, expects global supply to rise by 2.1...
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COPEC and GPRTU Demand Clarity on GH¢1 Fuel Levy, Urge Time-Bound Implementation
The Chamber of Petroleum Consumers (COPEC) and the Ghana Private Road Transport Union (GPRTU) are calling on the government to provide clear timelines and transparent accountability measures for the newly announced GH¢1 levy on petroleum products. Set to take effect on July 16, 2025, the levy excluding Liquefied Petroleum Gas (LPG)is aimed at helping to...