The government is set to officially implement the Energy Sector Levies (Amendment) Act, 2025 (Act 1141) effective Wednesday, July 16, 2025, following months of consultations and earlier postponements.
The Ghana Revenue Authority (GRA), in a statement dated July 1, confirmed the new implementation date, signalling the end of a temporary suspension that was imposed to allow for further stakeholder engagement and monitoring of global market conditions.
The levy, which forms part of the Energy Sector Levies (Amendment) Act, 2025, introduces revised rates under the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) for selected petroleum products.
Its primary aim is to generate additional revenue to address energy sector shortfalls and support debt repayment.
The levy had initially been scheduled to take effect on June 9, 2025, but faced fierce resistance from key industry players, including the Chamber of Oil Marketing Companies (COMAC), transport operators, and other petroleum sector stakeholders.
Following intense consultations, the rollout was postponed to June 16, only to be suspended indefinitely after further opposition and a directive from the Ministry of Finance.
The latest GRA statement noted that the government has now concluded extensive consultations and reviewed prevailing market conditions, paving the way for the levy’s rollout.
The GRA has directed all ports, petroleum stations, customs offices, and relevant stakeholders to take note of the new effective date and ensure full compliance.
Sector commanders, technical service heads, and institutions such as the National Petroleum Authority (NPA), Ghana Link Network Services, and the Association of Oil Marketing Companies (AOMCs) have also been notified.
The government maintains that the revised levy is necessary to address critical financial gaps within the energy sector and stabilise its operations.
However, industry players continue to raise concerns over the potential impact on fuel prices and transport fares.
