Audio By Carbonatix
The Deputy Ranking Member on Parliament's Finance Committee and Member of Parliament for Tano North, Dr Gideon Boako, has criticised the government's decision to extend the Energy Sector Recovery Levy to fuel oil, arguing that authorities should prioritise tackling smuggling and non-compliance instead of imposing additional taxes.
Speaking in Parliament on Friday, July 31, during deliberations on the extension of the levy, Dr Boako questioned the rationale behind the proposal, stating that the government had already introduced a GH¢1 per litre Energy Sector Recovery Levy last year to repay debts in the energy sector.
According to him, the World Bank had indicated that although the levy was collected, the government failed to use the proceeds to settle the debts as intended. He argued that citing fuel smuggling and tax non-compliance as justification for extending the levy raised concerns about the government's approach to revenue mobilisation.
“Last year, the NDC government introduced the GH¢1 per litre Energy Sector Recovery Levy to repay energy sector debts. Yet, according to the World Bank, although the levy was collected, government failed to pay the debt as indicated. Today, the Finance Minister returned to Parliament seeking to extend the levy to fuel oil, citing smuggling and non-compliance. But shouldn’t smuggling and non-compliance be addressed through stronger enforcement rather than higher taxes?” Dr Boako asked.
The Tano North MP further accused the government of placing an increasing financial burden on Ghanaians through new taxes, arguing that its overwhelming majority in Parliament was being used to push through measures without adequate regard for opposing views.
“It seems this government fancies burdening the Ghanaian taxpayer with more taxes. The supermajority Ghanaians gave them is being abused. No matter what the Minority says, they don't care. Ghana should never make the mistake of giving one political party such a supermajority in Parliament,” he stated.
Latest Stories
-
Uefa has ‘lost confidence’ in Fifa leadership
14 minutes -
Spain attacks ‘selfish’ response of some EU countries to Ceuta migrant crossings
14 minutes -
Sedina appeal ruling gives hope to Wontumi appeal — NPP legal director
17 minutes -
MTN, ECG & others celebrated at NPMC & PMEA 2026
41 minutes -
It hurts when wrongdoing goes unpunished – Manasseh Azure Awuni laments accountability gap
46 minutes -
Ghanaian banks go global as First Atlantic Bank expands into Liberia
51 minutes -
UMaT turns to dedicated fire station as Tarkwa records 12 fire incidents in six months
58 minutes -
‘It seems this government fancies burdening the Ghanaian taxpayer with more taxes’ – Gideon Boako
1 hour -
Gideon Boako warns against one-party dominance in Parliament
1 hour -
Manasseh Azure says key evidence in MASLOC case strengthened Sedina Tamakloe-Attionu’s defence
1 hour -
Gideon Boako accuses government of failing to use Energy Recovery Levy for intended purpose
1 hour -
Experts, CPP welcome Supreme Court decision abolishing political party delegate system
1 hour -
Sedina acquittal exposes ‘sloppy’ prosecution by Attorney-General’s Department – Inusah Fuseini
1 hour -
Manasseh Azure: Court of Appeal’s MASLOC ruling offers lessons but raises concerns over parts of judgment
2 hours -
Gary Nimako questions Court of Appeal’s decision to acquit Sedina Tamakloe
2 hours