
Audio By Carbonatix
Economist and Professor of Finance at the University of Ghana, Godfred Bokpin, has criticised the government for its lack of stakeholder consultation in introducing the controversial GH¢1 per litre surcharge on petroleum products, widely dubbed the 'Dumsor Levy'.
He warned that the rushed approach undermines public trust and risks weakening support for the policy.
Speaking on JoyNews’ Newsfile programme on Saturday, June 7, Prof Bokpin stated, “The lack of consultation and all of that takes a lot from this whole discussion, and the government should take a second look at it, and they should learn from that, because clearly there was no way one could see this coming from the presentation of the 2025 budget.”
He emphasised that meaningful dialogue with the public and stakeholders is crucial when introducing policies with significant financial implications.
The Energy Sector Levy (Amendment) Bill, 2025, which was passed by Parliament under a certificate of urgency, seeks to generate additional revenue to tackle Ghana’s crippling energy sector debt.
According to Finance Minister Dr Cassiel Ato Forson, the sector’s total indebtedness stood at US$3.1 billion as of March 2025.
He added that a minimum of US$3.7 billion would be needed to clear the debt, with a further US$1.2 billion required to secure fuel for thermal power generation throughout the year.
However, the Minority in Parliament has fiercely opposed the levy, describing it as a “predatory tax” expected to extract GH¢5.7 billion annually from households and businesses.
They have criticised the lack of transparency in the bill’s passage and demanded detailed disclosure of how the funds will be managed.
Latest Stories
-
NAVTRAC launches maiden VIP protection course to strengthen security capacity
3 minutes -
Minority demands AG briefing over Miracles Aboagye’s arrest
3 minutes -
Apaak calls for greater investment in young innovators to drive Ghana’s future
8 minutes -
GNFS intensifies fire safety campaign across Eastern Region
20 minutes -
World Cup 2026: Didi Dramani’s tactical preview of Spain vs France
29 minutes -
Minority demands ministerial briefings on national clean-up exercise and Ghana’s World Cup campaign
29 minutes -
Residents demand immediate closure of Kpone landfill over health and environmental concerns
31 minutes -
‘Explosive diarrhoea’ outbreak remains a mystery as officials struggle to find sources
31 minutes -
Akufo-Addo mourns Yaa Naa Mahama Abukari II, urges peaceful succession in Dagbon
35 minutes -
World Vision Ghana, UNFPA review health facilities readiness in disaster-prone areas
40 minutes -
Two-day clean-up exercise insufficient to address flood crisis – Afenyo-Markin
45 minutes -
Ghana’s aviation sector needs over $1.2bn infrastructure investment to meet future demand – GhIE
58 minutes -
Real interest rates remained positive in April 2026 – BoG
1 hour -
Guinness Ghana DJ Awards 2026 to officially launch on August 1
1 hour -
PSGH condemns Cape Coast MCE over forced closure of pharmacy during clean-up
1 hour