- GRA begins implementation of the GH¢1 Energy Sector Levy today, July 16, 2025
- Fuel prices increase for petrol, diesel, marine gas oil, and heavy fuel oil
- Move aims to reduce energy sector debt and support economic stability
Barring any last-minute changes, the Ghana Revenue Authority (GRA) is set to begin implementation of the newly approved GH¢1 Energy Sector Levy on petroleum products today, July 16, 2025.
Initially slated for June 9, 2025, the rollout was postponed twice following strong opposition from key stakeholders including the Chamber of Oil Marketing Companies (COMAC), transport unions, and other interest groups.
GRA Acting Commissioner-General, Anthony Kwasi Sarpong, earlier explained that the delays were intended to allow for monitoring of global fuel market trends and to help stabilize domestic fuel prices.
However, after a detailed market review, the GRA has confirmed that implementation will now proceed. The move forms part of government’s broader plan to stabilize the economy and reduce the energy sector’s mounting debt.
🔺 Adjusted Energy Sector Levy Rates:
- Petrol (Motor Spirit): GH¢0.95 → GH¢1.95
- Diesel (Gas Oil): GH¢0.93 → GH¢1.93
- Marine Gas Oil (Foreign Vessels): GH¢0.93 → GH¢1.93
- Marine Gas Oil (Local): GH¢0.03 → GH¢0.23
- Heavy Fuel Oil: GH¢0.04 → GH¢0.24
- LPG & Naphtha: Remain unchanged at GH¢0.73 per litre
The decision to maintain the levy on LPG and naphtha at existing rates is expected to offer some relief to households that depend on LPG for cooking and daily energy needs.
In a related development, President John Mahama on July 15 announced the termination of fuel allowance benefits for political appointees—another major cost-cutting measure.
According to Deputy Presidential Spokesperson Shamima Muslim, the savings from this policy will be redirected toward critical social and development programs, in line with the President’s broader “Reform and Reset Agenda.”
