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
-
Ghanaian teacher was detained at Dulles Airport for over a week after admitting asylum plans
3 minutes -
Novel consultation process on bill caused public confusion – Acting NITA boss
6 minutes -
TVET financing model failing students and employers – Eduwatch boss warns
11 minutes -
Proposed NITA Bill: Effia MP urges stronger stakeholder engagement
13 minutes -
NITA: We’ve been transparent throughout digital bills consultation process – Sam George
25 minutes -
CNBC Africa partners KGL Group
48 minutes -
NDC amendments have watered down Anti-LGBTQ bill – NPP MP
48 minutes -
Technology Consultant warns against expansive regulation in proposed NITA Bill
52 minutes -
NPP agitation over Anti-LGBTQ+Bill purely political – Sam George
54 minutes -
NITA Bill: ‘I hear the tech industry, but we won’t rewrite rules’ – Sam George to critics on legislative process
1 hour -
First of five men found alive in flooded Laos cave rescued
1 hour -
Effia MP urges end to politicisation following passage of Anti-LGBTQ Bill
1 hour -
Mahama expected to honour commitment to Anti-LGBTQ Bill – Sam George
2 hours -
Sam George expresses relief following passage of Anti-LGBTQ Bill
2 hours -
The tactics that could win Arsenal the Champions League
2 hours