Audio By Carbonatix
The government and the Chamber of Oil Marketing Companies (COMAC) have agreed to begin implementing the GH¢1.0 Energy Sector Levy on each litre of petrol from Monday, June 16, 2025 instead of June 9, 2025.
This was after an agreement was made among the stakeholders, including the Ministry of Energy and Green Transition and the Ministry of Finance.
“The Chamber of Oil Marketing Companies (COMAC) wishes to formally acknowledge and commend the Ministry of Energy and Green Transition, the Ministry of Finance, the National Petroleum Authority and the Ghana Revenue Authority for the constructive engagements held, regarding the implementation date of the new Energy Sector Levies Act 2025 (Act 1141)”, a statement signed by its Coordinator, Dr. Riverson Oppong disclosed.
“Following our consultations and collaborative efforts, we are pleased to announce our alignment and satisfaction with the revised implementation date for the new Energy Sector Shortfall and Debt Repayment Levy (ESSDRL). The new effective date is now confirmed as Monday, 16th June 2025, replacing the initially communicated date of 9th June 2025”, it mentioned.
It continued that the decision reflects the value of dialogue, partnership, and engagement among stakeholders.
“We extend our gratitude to all relevant institutions for their commitment to ensuring a smooth and sustainable implementation of the levy”, it added.
COMAC had earlier expressed dissatisfaction with the lack of consultations by the government before the announcement of the levy.
Latest Stories
-
GCB Bank hails customer savings spirit as “Pa To Pa” promo delivers life-changing rewards
26 minutes -
NLA commends GCB Bank for fair, transparent “Pa To To Pa” Promo Draw
28 minutes -
When motherhood has no womb: Honouring women who nurture humanity
36 minutes -
NPP declares full readiness for polling station elections
41 minutes -
Livestream: The Law discusses case withdrawals and re-arrests
1 hour -
Tang Hong re-elected President of Ghana Association of Chinese Societies
1 hour -
‘Mothers are backbone of the society’ – Opoku-Agyemang marks Mother’s Day with heartfelt tribute
3 hours -
Court fines voxy driver in viral video GH¢3K, jails him two months
3 hours -
Tamale Mayor pledges transparency as assembly outlines development agenda
3 hours -
Fifty years in, what have I learnt?
3 hours -
Manwe traditional council commends Wa East MP, DCE for key development projects
4 hours -
Global Evangelical Church shows love to female inmates at Kumasi Central Prisons to mark Mother’s Day
4 hours -
Army parachutes onto remote island to help Briton with suspected hantavirus
4 hours -
CBG extends free health outreach to women in Adaklu
4 hours -
CBG reaffirms commitment to women’s health and community development in Adaklu outreach
4 hours