Audio By Carbonatix
Government has withdrawn the 13.5 pesewas Cylinder Recovery Levy imposed by the National Petroleum Authority (NPA) on liquefied petroleum gas (LPG) with immediate effect.
The NPA on Wednesday, April 1, 2020 directed liquefied petroleum gas marketing companies and industry players to charge 13.5 pesewas on each kilogramme of LPG.
The Authority, in a statement, said the introduction of the levy was intended to support stakeholders in the LPG supply chain ahead of the implementation of the Cylinder Recirculation Module.
The move incurred the anger of the LPG Marketing Companies Association of Ghana and called for the withdrawal of the levy since the COVID-19 pandemic has adversely affected businesses.
The LPG marketing companies asked the NPA to find innovative ways to generate revenue instead of imposing new levies.
But the Energy Minister, John Peter Amewu while answering a question on the matter at a media briefing on Covid-19 in Accra Thursday announced the withdrawal of the LPG levy.
He said the LPG Cylinder Recovery Levy was a proposal under the Cylinder Recirculation Module, explaining that, since that policy was yet to be rolled out, the levy should be withdrawn for now.
Meanwhile, the Energy Minister provided further explanations on the electricity relief package provided by the government for all Ghanaians, starting from April, May and June.
He said it would cost the nation one billion Ghana cedis equivalent, with 4.8 million electricity metres expected to benefit nationwide.
Latest Stories
-
Caveman Watches partners with Mfantsipim School for 150th anniversary
1 minute -
We’ll pursue GH¢15m defamation suit against Sammy Gyamfi to its logical conclusion- Afenyo-Markin’s lawyers
2 minutes -
Martin Kpebu urges Afenyo-Markin not to return to court over Sammy Gyamfi lawsuit
11 minutes -
GRA submits preliminary report on drug shipment case to Mahama – Commissioner-General
38 minutes -
Sammy Gyamfi using ‘procedural roadblocks’ to dodge defamation case? – Afenyo-Markin’s lawyers
40 minutes -
The illusion of a good deal: Why some everyday money-saving habits may be costing you more
55 minutes -
Family seeks autopsy, police investigation into death of student 12 days after Abomosu SHS enrolment
1 hour -
Trade Minister urges employers to leverage industrial opportunities to create jobs
1 hour -
Asantehene plants trees to commence Jimi Watercourse Rehabilitation destroyed by galamsey
2 hours -
15 arrested, 6 trucks impounded over sandwinning activities on Kumasi-Accra Expressway
2 hours -
OFFICIAL: Vinicius will miss El Clásico, suspended four games
2 hours -
Prayer vigil held after four arson attack murders
2 hours -
GRA fully recovers $154k legacy debt owed by foreign entities between 2022 and 2024
2 hours -
Kwesi Pratt Jr warns bus preachers are adding to passengers’ stress with accident prophecies
2 hours -
MTN Ghana to spend $1.1bn in 3 years, build 500 new sites as MoMo hits 44% Growth
2 hours