The Ghana Revenue Authority (GRA) has postponed the implementation of the Ghc1 levy on every litre of fuel to June 16, 2025.
The GRA had announced its decision to implement the new levy today, Monday, June 9, 2025.
But the Chamber of Oil Marketing Companies (COMAC) opposed the implementation, warning that the GH₵1-per-litre levy could significantly increase fuel prices and worsen the financial strain on consumers.
The GRA confirmed that it had engaged with stakeholders and reached a consensus to allow for a smoother rollout.
Speaking to Citi News, a GRA representative stated that “The association has concerns with the 9 June implementation date. We have discussed with their leadership in the spirit of cordiality and partnership and have agreed on a new start date of 16 June.”
Below is the breakdown of the new implementation formula
- Motor Spirit (Super Petrol): from Ghc0.95 to Ghc1.95
- AGO/Diesel and Marine Gas Oil (Foreign): from Ghc0.93 to Ghc1.93
- Marine Gas Oil (Local): from Ghc0.03 to Ghc0.23
- Heavy Fuel Oil (Residual Fuel Oil – RFO): from Ghc0.04 to Ghc0.24
- Partially Refined Oil (Naphtha): from Ghc0.95 to Ghc1.95
- Liquefied Petroleum Gas (LPG) remains unchanged at Ghc0.73
The new rates apply to all petroleum products not lifted before June 16, 2025.
However, transitional arrangements have been put in place:
- Products lifted by a Petroleum Product Marketing Company (PPMC) before June 16 will still be subject to the old levy rates.
- Any “cash-and-carry” transactions by PMMCs, for which products are lifted on or after June 1, 2025, will be subject to the new rates.
By: Rainbowradioonline.com/Ghana
