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    Ghana Postpones Fuel Levy Amidst Gas Project Promise

    Ghana Revenue Authority Postpones Fuel Levy: NPA CEO Welcomes Decision Ghana's National Petroleum Authority (NPA) has welcomed the government's decision to postpone the implementation of a new fuel levy. The announcement was made by the Ghana Revenue Authority (GRA) on June 10th, 2025. This decision comes amid concerns about rising fuel prices and its impact on the Ghanaian economy. Godwin Edudzi Tameklo, CEO of the NPA, stated in an interview with OnuaTV, "The postponement is a welcome development, particularly given the timeline of the Ghana gas project." He explained that the project's success would significantly reduce reliance on liquid fuel, leading to lower costs for consumers. Tameklo further emphasized the importance of reviewing the levy in light of the gas project's progress, stating, "By God's will, if we get the second Ghana gas project on stream in two to three years, the benefit that will have is that we will have more lean gas." This suggests the government is taking a cautious approach, prioritizing long-term energy solutions over immediate revenue gains. The postponement of the fuel levy is a positive step for consumers and businesses in Ghana, who have been facing increasing financial pressures due to rising fuel costs. The GRA's willingness to review the levy based on the progress of the Ghana gas project demonstrates a commitment to sustainable and affordable energy for the nation.

    2 months ago
    GH
    Ghana
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