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
-
Forensic audit reveals how Ghana’s Embassy in the U.S. extorted $19.3m from visa and passport applicants
9 minutes -
Kantanka family thanks Ghanaians for support during Kwadwo Safo’s funeral
10 minutes -
GETFund launches nationwide furniture appeal to support schools facing shortages
18 minutes -
OSP helped secure conviction of former TOR boss Asante Berko in US bribery case
41 minutes -
New COCOBOD Bill: Protecting cocoa should not come at the cost of farmers’ rights
2 hours -
NAFCO expands Northern Region warehouses to boost food reserves
2 hours -
ECG begins 4-day power outage schedule for parts of Accra East
2 hours -
NAFCO boss pays tribute to late Ya-Na, pledges continued support to Dagbon
2 hours -
Telecel Ghana launches eco-SIM to advance environmental sustainability
3 hours -
Mutual trust drives my working relationship with Mahama – Opoku-Agyemang
3 hours -
GoldBod profiles artisanal miners to trace sources of Ghana’s gold – Sammy Gyamfi
3 hours -
Motor rider in critical condition after head-on collision with Sprinter in Berekum
3 hours -
Mahama will reassign ministers based on performance and suitability – Inusah Fuseini
3 hours -
Police arrest 25-year-old man over attempted armed robbery in Ashanti Region
3 hours -
Gov’t must prioritise essential services amid debt pressures – Veep Opoku-Agyemang
3 hours