Saturday, September 6, 2025
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
No Result
View All Result

GH₵1 fuel levy takes effect June 9 — GRA

Ghana introduces a new GH₵1 per litre fuel levy starting today, impacting pump prices nationwide

admin by admin
June 8, 2025
in Local, News
0
GRA,Anthony Kwasi Sarpong, Ghana Revenue Authority,fuel levy

Anthony Kwasi Sarpong, Commissioner-General of the Ghana Revenue Authority

Share on FacebookShare on Twitter

The Ghana Revenue Authority (GRA) has announced that it will begin enforcing the new GH₵1 fuel levy on petroleum products effective Monday, June 9, 2025.

This move comes under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), which was passed to raise funds to settle energy sector shortfalls, reduce legacy debts, and stabilise power supply across the country.

You might also like

Akpaloo fraud laundering

Akpaloo under fraud and money laundering investigation – Deputy AG

September 6, 2025
African countries best

Top 10 African countries with the best government in 2025

September 6, 2025

According to Tariff Interpretation Order (TIO) No. 2025/003, issued by the Commissioner-General, Anthony Kwasi Sarpong, the new levy affects several key fuel products.

The GH₵1 fuel levy on petrol (motor spirit, super) and diesel (gas oil) will rise from GH₵0.95 and GH₵0.93 respectively, to GH₵1.95 and GH₵1.93 per litre.

Marine gas oil and heavy fuel oil will also see increases, while liquefied petroleum gas (LPG) will maintain its previous rate of GH₵0.73.

Parliament has approved the Energy Sector Levy (Amendment) Bill, 2025, which introduces a GH¢1 fuel levy on every litre of petroleum products sold in Ghana.

The controversial bill was passed late Tuesday, June 3, 2025, despite fierce resistance from the Minority Caucus, who staged a dramatic walkout during the voting process.

According to the government, the new levy is projected to generate an additional GH¢5.7 billion in revenue each year.

This revenue is expected to be channelled towards addressing the staggering financial challenges of the country’s energy sector, including ballooning debts and fuel supply constraints for thermal power generation.

Dr Bawumia, speaking on the GH₵1 fuel levy introduced by the Mahama-led administration, sounded an alarm to Ghanaians, warning them to prepare for additional tax burdens.

Addressing NPP supporters during his thank-you tour of the Central Region, Dr. Bawumia issued a stark warning, urging them to prepare for a harsh tax regime under the Mahama administration.

“They have brought something called dumsor levy; this is eight times E-Levy. So if you buy fuel for GH¢1000, you will pay dumsor levy of GH¢83. Just prepare, is there more to come?” he said.

The GRA has directed all petroleum sector stakeholders to comply strictly with the new rates.

Petroleum products lifted before June 9, 2025, will be charged the old levy rates.

However, all cash-and-carry transactions where products are lifted on or after the effective date will attract the revised levies.

The government insists the levy is crucial for the financial recovery of Ghana’s energy sector.

Post Views: 368
Tags: Dr Mahamudu BawumiaEnergy Sector Levy (Amendment) BillFuel levyGhana Revenue AuthorityGRALPG
admin

admin

Related Stories

Akpaloo fraud laundering

Akpaloo under fraud and money laundering investigation – Deputy AG

by Kojo Emmanuel
September 6, 2025
0

The Deputy Attorney General, Justice Srem-Sai, has confirmed that Kofi Akpaloo, leader of the Liberal Party of Ghana (LPG), is...

African countries best

Top 10 African countries with the best government in 2025

by Kojo Emmanuel
September 6, 2025
0

The Chandler Good Government Index (CGGI) 2025, a globally recognised governance ranking, evaluates 120 countries using 35 governance indicators. It...

Land Jahori Bolewura

9,000km land dispute: Jahori clan triumphs over Bolewura

by NewsCenta
September 6, 2025
0

The High Court in Tamale has delivered a landmark ruling affirming ownership of more than 9,000 square kilometres of land...

PRINPAG executives

Newly sworn-in PRINPAG executives target reforms

by NewsCenta
September 6, 2025
0

The Private Newspaper and Online Publishers Association of Ghana (PRINPAG) has officially sworn in a new national executives, ushering in...

Recommended

Hearts Democracy Cup

Hearts of Oak beat Great Olympics to win 2025 Democracy Cup

September 6, 2025
Akpaloo fraud laundering

Akpaloo under fraud and money laundering investigation – Deputy AG

September 6, 2025
African countries best

Top 10 African countries with the best government in 2025

September 6, 2025

Popular Story

  • Songs Daddy Lumba

    See the list of over 200 songs Daddy Lumba released

    738 shares
    Share 295 Tweet 185
  • Gold-backed policies since 2021 driving economic gains — BoG

    711 shares
    Share 284 Tweet 178
  • 10 of top 11 causes of death killing more men in Ghana

    698 shares
    Share 279 Tweet 175
  • Bissue floors High Court and OSP at Supreme Court

    690 shares
    Share 276 Tweet 173
  • Monday, May 26, 2025 Newspaper Headlines

    679 shares
    Share 272 Tweet 170
NewsCenta

Newscenta is a Ghana-based news organisation publishing in print (The Newscenta Newspaper) and on a digital media platform (newscenta.com) dedicated to delivering timely and impactful news across various sectors, including politics, business, economy, technology, and culture.

  • About Us
  • Contact Us
  • Health
  • Education
  • Mining
  • Energy
  • Telecoms
  • Agriculture
  • Opinion
  • Trade
  • Newspaper Headlines

© 2025 All Rights Reserved NewsCenta.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Newspaper Headlines
  • Business
  • Agriculture
  • Education
  • Sports
  • Tech
  • Opinion

© 2025 All Rights Reserved NewsCenta.

Connect with us