Audio By Carbonatix
Minister for Government Communications, Felix Kwakye Ofosu, has asserted that the cost of living in Ghana has eased since the current administration assumed office.
He made this claim while defending the government's introduction of the controversial Dumsor levy during an appearance on JoyNews’ Newsfile on Saturday, 7 June.
Responding to criticism of the GH¢1 per litre Energy Sector Levy, Mr Kwakye Ofosu argued that contrary to public perception, the government’s economic interventions have helped ease financial pressures on households.
“The cost of living has come down since we assumed power,” he stated, pushing back against opposition claims of worsening economic hardship.
Parliament recently approved the Energy Sector Levy (Amendment) Bill, 2025, which introduces the surcharge on petroleum products.
The Finance Minister, Dr Cassiel Ato Forson, explained that the levy is necessary to address the country’s energy sector debt, which stands at US$3.1 billion as of March 2025.
He added that at least US$3.7 billion is needed to fully clear the debt, in addition to US$1.2 billion for thermal fuel procurement.
However, the levy has been met with resistance from civil society groups and opposition parties, who argue that it places an undue burden on Ghanaians.
Despite the backlash, Mr Kwakye Ofosu maintained that the government’s fiscal decisions are guided by the long-term interest of the public and are already yielding positive outcomes in terms of affordability and stability.
Latest Stories
-
EBID partners Women of Valour as headline sponsor for London 2026 event
6 minutes -
What’s the point in issuing statements?– Franklin Cudjoe criticises NDC over Baba Jamal u-turn
12 minutes -
Today’s Front pages: Wednesday, February 11, 2026
20 minutes -
Wacam demands investigation into officials after JoyNews galamsey extortion exposé
25 minutes -
New VAT won’t spike prices – GRA hits back at Abossey Okai traders
36 minutes -
GRA cracks down on VAT defaulters with new enforcement team
48 minutes -
GREY launches first community education project focused on dignity and access
48 minutes -
What gold and copper tell us about the new logic of mining investment in Africa
2 hours -
BoG revises directive on Net Open Position limits
2 hours -
They think we’ve stolen their cocoa – LBCs blame payment delays for farmer anger
2 hours -
FIDC Africa Infrastructure Conference 2026 launched in Accra
2 hours -
$185m unpaid – LBCs say Cocobod owes them for two seasons
2 hours -
We’ve pre-financed cocoa for 7 years – LBCs say banks are owed more than farmers
3 hours -
Blue Water Guards, NAIMOS, IMCIM… but rivers still poisoned – John Awuah slams galamsey fight
3 hours -
Airport rename debate while rivers die? – John Awuah blasts CSOs
3 hours
