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
-
Erratic Newcastle give Howe ‘horrible feeling’
12 minutes -
Man Utd angry as Morocco rejected Mazraoui request
21 minutes -
‘I started smoking at 13, battled addictions for 27 years’ – Tonto Dike
32 minutes -
Afrobeats still baby genre – Don Jazzy
44 minutes -
‘That conversation must stay in the party’ – Bryan Acheampong dodges $1,500 claim
59 minutes -
Greater Accra Regional Minister presents streetlights to MMDAs
1 hour -
How gold saved the cedi in 2025
2 hours -
A celebration of homegrown talent: Lagos meets Accra with cross-border fashion pop-up
2 hours -
Prudential Bank empowers merchant partners with POS training in Accra and Kumasi
2 hours -
There’s a challenge in our party, and we need a bold leader to win power for us – Bryan Acheampong
2 hours -
Asantehene is a national asset – Mahama commends Otumfuo’s role in Bawku peace process
3 hours -
PruRide Accra champions health, youth empowerment and sustainability through cycling
3 hours -
Ghana set for a dazzling Christmas 2025
3 hours -
Dr. Bawumia is the overwhelming favourite in NPP primaries with 69.7% lead – new survey
3 hours -
Jospong Group donates towards Zoomlion Central Mosque completion
3 hours
