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
-
Jail corrupt officials in galamsey fight – Haruna Iddrisu to Judiciary
18 minutes -
Walewale MP dismisses forest mining ban as a superficial response to galamsey
30 minutes -
Chiefs must be central to galamsey fight – National House of Chiefs President
36 minutes -
Youth joblessness a security risk as 1.3m remain idle – Opare Addo
40 minutes -
You can’t levy athletes to Fund Sports Bill – Former Sports Minister
41 minutes -
Adu-Boahene trial: Testimony of prosecution witness favouring our defence – Atta Akyea
42 minutes -
Attorney-General lauds EOCO’s Executive Director
42 minutes -
Eastern Regional FDA undertakes operation against unregistered baby diapers
45 minutes -
Local Government Ministry steps up unannounced sanitation inspections ahead of Christmas
49 minutes -
Parliament passes National Health Insurance Fund Amendment Bill
54 minutes -
Government remains unshakable in retooling security agencies – Interior Minister
1 hour -
Unemployment eases to 12.8% in Q3 2025 – GSS
1 hour -
Ablakwa commissions six new buses to ease transport burden of Foreign Affairs Ministry staff
1 hour -
Mahama pledges expanded support for exporters at GEPA awards
1 hour -
Vice President reaffirms government support for trade and industrial growth
1 hour
