By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    QNET supports EOCO to repatriate 33 Burkinabe nationals rescued in anti-trafficking operation
    August 21, 2026
    Anonymous donor pays GH¢80,000 for 5-year-old Joycelyn Amoako’s brain tumor surgery
    August 21, 2026
    Zoomlion’s post-flood disinfection vital to public health – Ayawaso North MEHO
    August 21, 2026
    High Court orders immediate restoration of Oxford No.1 Hotel to owners; says July 23 takeover breached Court rules
    August 21, 2026
    Chef Abbys commences West Africa Food Tour with Togo as first stop
    August 21, 2026
  • Business
    BusinessShow More
    QNET supports EOCO to repatriate 33 Burkinabe nationals rescued in anti-trafficking operation
    August 21, 2026
    Zoomlion’s post-flood disinfection vital to public health – Ayawaso North MEHO
    August 21, 2026
    High Court orders immediate restoration of Oxford No.1 Hotel to owners; says July 23 takeover breached Court rules
    August 21, 2026
    Adamus Mining Lease Revocation: What the Ministerial Review Committee Discovered
    August 21, 2026
    “Invite me to Parliament” – Sammy Gyamfi dares Afenyo-Markin over GoldBod loss claims
    August 19, 2026
  • Politics
    PoliticsShow More
    NPP elections: NOEC extends deadline for filing nomination forms for national officers elections
    August 21, 2026
    Supreme Court dismisses Kojo Oppong Nkrumah’s injunction against Vacation Court trials
    August 21, 2026
    “I never intended to undermine you or the NDC” – Nii Lante Vanderpuye to Sammy Gyamfi
    August 21, 2026
    Bawumia holds talks with Japanese Ambassador on Digitalisation, AI and Galamsey Fight
    August 20, 2026
    Supreme Court dismisses Oppong Nkrumah’s objection to Deputy AG representing CJ in vacation Court case
    August 20, 2026
  • Entertainment
    EntertainmentShow More
    Agyemang Duah wins Mr. Model Africa 2026
    August 17, 2026
    Ghana Music Awards organisers abroad should invest in promoting Ghanaian music globally – Austin Woode
    August 15, 2026
    Diaspora-based Ghana Music Awards must go beyond one-night ceremonies to impact industry – Austin Woode
    August 15, 2026
    Austin Woode calls for government to bring Ghana Music Awards organisers abroad under one umbrella
    August 15, 2026
    WatsUp TV partners Stonebwoy for BHIM Festival 2026 in London
    August 13, 2026
  • Sports
    SportsShow More
    GFA announces GH¢9.5m package for new Ghana Premier League season
    August 21, 2026
    Andre Ayew backs grassroots sports as Ghana-Anhui Chamber donates 2,120 items for constituency games
    August 19, 2026
    Suhum MCE, MP cut sod for new astroturf project after 2024 project failed
    August 17, 2026
    We do not owe Black Queens any per diem – Sports Ministry clarifies
    August 13, 2026
    Black Queens players raise financial and welfare concerns after World Cup qualification setback
    August 13, 2026
  • Technology
    TechnologyShow More
    YEA CEO urges youth to avoid recording private sexual activities amid rise in leaked videos
    August 20, 2026
    Here’s Why Samsung Galaxy Z Fold8 Is Perfect Device for Your Favourite Content – Pre-Order Today!
    August 18, 2026
    Nearly 1,000 scam numbers linked to fake Google profiles targeting Ghana food chains – TrustGH
    August 17, 2026
    NYA CEO urges youth to use social media for positive change, not violence
    August 12, 2026
    2026 National Youth Conference: Osman Ayariga calls on youth to harness technology for development
    August 11, 2026
  • International
    InternationalShow More
    After USAID’s demise, young Africans rethink dependence on foreign assistance
    August 21, 2026
    Ghana Music Awards organisers abroad should invest in promoting Ghanaian music globally – Austin Woode
    August 15, 2026
    Diaspora-based Ghana Music Awards must go beyond one-night ceremonies to impact industry – Austin Woode
    August 15, 2026
    Austin Woode calls for government to bring Ghana Music Awards organisers abroad under one umbrella
    August 15, 2026
    Etihad Airways to launch four weekly flights to Accra from March 2027
    August 14, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: GHS1 Fuel Tax Due to Reckless Actions by Past Gov’t – Richmond Rockson
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
GeneralHeadlines

GHS1 Fuel Tax Due to Reckless Actions by Past Gov’t – Richmond Rockson

Hamdia Mohammed By Hamdia Mohammed Published June 4, 2025
Share
SHARE

The Ministry of Energy has responded to critics who have accused the government of shortchanging Ghanaians following the recent passage of the Energy Sector Levy (Amendment) Bill, 2025.

The bill, approved by Parliament on Tuesday, introduces a GHS1 tax on all petroleum products as part of government efforts to rescue Ghana’s struggling energy sector, which is currently burdened with debts estimated at $3.1 billion.

While some Ghanaians have expressed concerns over the potential impact of the levy, many agree that the tax would be acceptable if used transparently and for its intended purpose—to stabilise the energy sector and ensure consistent power supply.

Finance Minister Dr. Cassiel Ato Forson, who moved the bill, explained that the effect of the new tax would be neutralised by recent gains made by the Ghanaian cedi.

He noted that consumers are unlikely to experience a rise in fuel prices at the pumps as a result.

However, the bill sparked strong resistance from the Minority in Parliament, with Minority Leader Alexander Afenyo-Markin accusing the government of reneging on its promise in the 2025 budget not to introduce any new taxes.

The Minority staged a walkout during the bill’s passage, calling it ill-timed and insensitive to current economic hardships.

Responding to the backlash, the Head of Communications at the Ministry of Energy, Richmond Rockson Esq., on Morning Starr with Naa Dedei Tettey addressed the issue.

He emphasised that the government had widely consulted stakeholders before proposing the levy, describing it as the only viable intervention to save the energy sector from collapse.

Rockson blamed the previous government for what he called reckless management of the sector, citing key issues.

He highlighted an excessive procurement costs, poor handling of Electricity Company of Ghana (ECG) contracts, and massive technical and commercial losses—currently estimated at 40 percent.

Rockson added that Ghana’s Independent Power Producer (IPP) debts alone stand at nearly \$2 billion, with the sector facing a monthly deficit of over GHS2 billion.

“With governance, you assess the situation as you move on. And I’ve seen that there’s a deliberate attempt by people to equate this to some taxes that have been abolished. If we did not have this challenge, there’s absolutely no way this would have been introduced. If there were alternatives, it would have consulted wisely. The ministry has consulted wisely with stakeholders. Every sector player will tell you that there’s been engagement on how to deal with the power sector challenges.

READ: Eni, Tullow and Partners Resume Drilling in Ghana’s Offshore Oil Fields

“If this challenge – if someone was not reckless with procurement, with ECG, if someone was not – if we’re not ATC – Aggregate, Technical and Commercial loss of about 40 percent, we wouldn’t be where we are today. If the IPP debts were not as it is now, almost $2 billion, if we didn’t have 80 billion cedis, we didn’t have a deficit of about 2 billion cedis each month, there’s no way governments would introduce this net. There wouldn’t be any business for that. But if you have a sector saddled with debt, a recurring expenditure like fuels, and you don’t have any dedicated fund for it, it becomes difficult.”

“So the government of Ghana is calling on the people that shoulder the burden government. Fortunately, gains have been made. So it’s not as if fuel prices were at 17 and you are adding one CV to it. They moved from 17 to 11 and 12. So if these interventions are made, we are asking that the people, that they support the government through these difficult times to ensure that these structural changes are made and are moving forward. There will be light at the tunnel.”

Meanwhile, government has assured Ghanaians that the levy will be reviewed periodically to ensure accountability and effectiveness.

Source: Ghana/Starrfm.com.gh/Hamdia Mohammed

You Might Also Like

QNET supports EOCO to repatriate 33 Burkinabe nationals rescued in anti-trafficking operation

Anonymous donor pays GH¢80,000 for 5-year-old Joycelyn Amoako’s brain tumor surgery

Zoomlion’s post-flood disinfection vital to public health – Ayawaso North MEHO

High Court orders immediate restoration of Oxford No.1 Hotel to owners; says July 23 takeover breached Court rules

NPP elections: NOEC extends deadline for filing nomination forms for national officers elections

TAGGED:energy ministryEnergy sector levyNDCNPPRichmond Rockson
Share This Article
Facebook Twitter Email Print
Share
Previous Article Yiwabra Bridge Collapse Threatens BECE Candidates’ Participation
Next Article Minority Marches to Police HQ, Petitions IGP Over Ablekuma North Results Delay

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?