Business

Government Considers Tax Cuts to Make LPG More Affordable

Story Highlights
  • This initiative aims to make LPG a more attractive option for Ghanaians
  • NPA is working with the Ministry of Finance to explore tax reductions on Liquefied Petroleum Gas
  • Switching to LPG is seen as a crucial step towards a more sustainable future.

The National Petroleum Authority (NPA) is working with the Ministry of Finance to explore tax reductions on Liquefied Petroleum Gas (LPG).

This initiative aims to make LPG a more attractive option for Ghanaians, promoting better health and environmental benefits.

Benefits of LPG

Healthier Kitchens: LPG burns cleaner than firewood and charcoal, reducing exposure to harmful smoke and lung diseases like hypertension.
Environmental Protection: Widespread LPG use helps conserve trees by reducing reliance on firewood, protecting Ghana’s environment.
Government’s LPG Push

The government aims to increase LPG use to 50% by 2030.

Cylinder Recirculation Model (CRM):

This program makes LPG more accessible by establishing designated exchange points for refilling LPG cylinders.

Reduced Import Costs:

The NPA’s new tendering process for LPG imports has lowered the cost of the fuel.

Planned Tax Cuts:

The potential tax reductions would offset any additional costs associated with the CRM, ensuring LPG remains affordable.

Call to Action

The NPA urges Ghanaians, particularly those in the north, to switch from charcoal and firewood to LPG.

This benefits both individual health and the environment.

CRM Rollout

Consumers will soon have access to filled LPG cylinders at designated exchange points within their communities.

New bottling plants are being set up to meet the increased demand for LPG under the CRM.

Stakeholder Collaboration

Existing LPG marketing companies will play a key role in distributing LPG through the CRM network.

Environmental Responsibility

Traditional leaders are voicing concerns about deforestation due to firewood collection.

Switching to LPG is seen as a crucial step towards a more sustainable future.

Safety Measures

The Ghana National Fire and Rescue Service is actively promoting safe LPG handling practices through public demonstrations.

By making LPG more affordable and accessible, the Ghanaian government hopes to improve public health and protect the environment.

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