• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Thursday, January 1, 2026
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Anthony Joshua allegedly involved in accident, two others reported dead

    Anthony Joshua allegedly involved in accident, two others reported dead

    Parliament passes Sports Development Fund Bill to boost Ghana’s Sports sector

    Parliament passes Sports Development Fund Bill to boost Ghana’s Sports sector

    “I won’t marry again” – McBrown opens up on divorce after 12 years of marriage

    “I won’t marry again” – McBrown opens up on divorce after 12 years of marriage

    Julius Debrah inaugurates World Cup oversight committee, calls for national consciousness and efficiency

    Julius Debrah inaugurates World Cup oversight committee, calls for national consciousness and efficiency

    MMDCEs may soon be elected – Mahama hints

    Mahama demands forensic audit into 2024 13th African Games

    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    PAC saved Ghana over GH¢273m in 2024 – Bagbin

    Bagbin hails Black Stars after qualifying for 2026 World Cup

    Black Stars secure 2026 World Cup ticket after victory over Comoros

    Black Stars secure 2026 World Cup ticket after victory over Comoros

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    MIIF wraps up breast cancer awareness month with staff education and engagement

    MIIF wraps up breast cancer awareness month with staff education and engagement

    La General Hospital project set to resume as gov’t approves second payment

    Gov’t to extend dialysis subsidy to private hospitals – Health Minister

    NDC UK/Ireland chapter hails Zita Benson on historic diplomatic appointment

    Zita Benson lauds Ghanaian doctors in UK, calls for stronger collaboration to transform healthcare

    La General Hospital project set to resume as gov’t approves second payment

    La General Hospital project set to resume as gov’t approves second payment

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    One arrested in Ridge Hospital assault – Health Ministry

    One arrested in Ridge Hospital assault – Health Ministry

    Mahama announces State funeral for helicopter crash victims on Aug 15

    Helicopter Crash: Mental Health Authority warns against sharing of images

    Kenya officially drops Visa requirement for all African countries

    Kenya officially drops Visa requirement for all African countries

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Anthony Joshua allegedly involved in accident, two others reported dead

    Anthony Joshua allegedly involved in accident, two others reported dead

    Parliament passes Sports Development Fund Bill to boost Ghana’s Sports sector

    Parliament passes Sports Development Fund Bill to boost Ghana’s Sports sector

    “I won’t marry again” – McBrown opens up on divorce after 12 years of marriage

    “I won’t marry again” – McBrown opens up on divorce after 12 years of marriage

    Julius Debrah inaugurates World Cup oversight committee, calls for national consciousness and efficiency

    Julius Debrah inaugurates World Cup oversight committee, calls for national consciousness and efficiency

    MMDCEs may soon be elected – Mahama hints

    Mahama demands forensic audit into 2024 13th African Games

    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    PAC saved Ghana over GH¢273m in 2024 – Bagbin

    Bagbin hails Black Stars after qualifying for 2026 World Cup

    Black Stars secure 2026 World Cup ticket after victory over Comoros

    Black Stars secure 2026 World Cup ticket after victory over Comoros

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    MIIF wraps up breast cancer awareness month with staff education and engagement

    MIIF wraps up breast cancer awareness month with staff education and engagement

    La General Hospital project set to resume as gov’t approves second payment

    Gov’t to extend dialysis subsidy to private hospitals – Health Minister

    NDC UK/Ireland chapter hails Zita Benson on historic diplomatic appointment

    Zita Benson lauds Ghanaian doctors in UK, calls for stronger collaboration to transform healthcare

    La General Hospital project set to resume as gov’t approves second payment

    La General Hospital project set to resume as gov’t approves second payment

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    One arrested in Ridge Hospital assault – Health Ministry

    One arrested in Ridge Hospital assault – Health Ministry

    Mahama announces State funeral for helicopter crash victims on Aug 15

    Helicopter Crash: Mental Health Authority warns against sharing of images

    Kenya officially drops Visa requirement for all African countries

    Kenya officially drops Visa requirement for all African countries

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    Trending Tags

No Result
View All Result
The Overseers - Ghana No.1 News
No Result
View All Result
Home Business

Revised GHS1 fuel levy officially kicks off today

by theoverseer
July 16, 2025
in Business, National
0
Revised GHS1 fuel levy officially kicks off today
0
SHARES
84
VIEWS
Share on FacebookShare on Twitter

The government has officially begun implementing the Energy Sector Levies (Amendment) Act, 2025 (Act 1141) today, Wednesday, July 16, 2025, marking the rollout of a revised fuel levy aimed at addressing longstanding shortfalls and debt in Ghana’s energy sector.

The new levy—introduced under the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL)—adds an additional GH¢1 per litre to selected petroleum products, a move the government says is necessary to generate critical revenue for stabilising the energy sector.

The Ghana Revenue Authority (GRA), in a statement dated July 1, confirmed that all arrangements had been finalised ahead of today’s enforcement, following months of consultations and two previous postponements.

The levy had originally been scheduled to take effect on June 9, 2025, but faced strong resistance from stakeholders including the Chamber of Oil Marketing Companies (COMAC), transport unions, and petroleum retailers.

After additional engagements, the rollout was first postponed to June 16 and later suspended indefinitely to allow for further review of global market conditions and stakeholder feedback.

With today’s implementation, the GRA has directed all petroleum stations, ports, customs offices, and relevant institutions to comply fully with the new pricing regime.

Stakeholders such as the National Petroleum Authority (NPA), Ghana Link Network Services, the Association of Oil Marketing Companies (AOMCs), and sector commanders have been formally notified to support enforcement.

The government insists that the levy is vital for clearing accumulated debts and ensuring stable operations across the energy sector.

However, many industry actors remain wary of its impact on fuel prices and the ripple effect on transport fares and consumer goods.

Despite the concerns, the government says the new rate structure reflects broader fiscal reforms aimed at protecting the energy sector from collapse and securing long-term sustainability.

Below is the revised version.

Product DescriptionKnown NamePrevious Rate (GH¢)New Rate (GH¢)
Motor Spirit SuperPetrol (PMS)0.951.95
Gas OilDiesel (AGO)0.931.93
Marine Gas Oil (Local)MGO – Local0.030.23
Marine Gas Oil (Foreign)MGO – Foreign0.931.93
Heavy Fuel OilResidual Fuel Oil (RFO)0.040.24
Tags: Ghana NewsGHS1 fuel levyGRA
theoverseer

theoverseer

Related Posts

Tema Port refutes strike rumours, says it’s fully functional

Tema Port refutes strike rumours, says it’s fully functional

by theoverseer
December 31, 2025
0

The Tema Port Authority has dismissed recent reports suggesting a strike or labour unrest at the port, assuring stakeholders that...

GoldBod surpasses 2025 Small-Scale export target, rakes over $10bn

Small-Scale Miners praise Sammy Gyamfi’s leadership at GoldBod

by theoverseer
December 31, 2025
0

The Concerned Small Scale Miners Association (CSSMA) has applauded Sammy Gyamfi for his leadership of the Ghana Gold Board (GoldBod),...

Gov’t settles $709m Eurobond ahead of schedule, boosts investor confidence

Gov’t settles $709m Eurobond ahead of schedule, boosts investor confidence

by theoverseer
December 31, 2025
0

The Ministry of Finance has successfully settled a US$709 million Eurobond obligation on 30th December 2025, ahead of its due...

GRA halts implementation of GH¢1 fuel levy

GRA announces major VAT reforms effective January 2026 to ease business costs

by theoverseer
December 31, 2025
0

The Ghana Revenue Authority (GRA) has announced sweeping reforms to the Value Added Tax (VAT) regime, set to take effect...

Energy Ministry: ECG not for sale, private sector participation a strategic support

Energy Ministry: ECG not for sale, private sector participation a strategic support

by theoverseer
December 30, 2025
0

The Ministry of Energy and Green Transition has clarified that the government has no intention of selling the Electricity Company...

Gov’t commissions new Passport Application Centre in Oti Region

Gov’t commissions new Passport Application Centre in Oti Region

by theoverseer
December 30, 2025
0

The Ministry of Foreign Affairs has inaugurated a new Passport Application Centre in Dambai, Oti Region, significantly improving access to...

Next Post
Gov’t to tap solar-hydro combo to ensure reliable power supply – John Jinapor

Gov’t to tap solar-hydro combo to ensure reliable power supply - John Jinapor

Recommended

Ridge Hospital Probe: Nurse’s fracture, dislocation claims unfounded — Committee

Ridge Hospital Probe: Nurse’s fracture, dislocation claims unfounded — Committee

4 months ago
Police officer who resigned to campaign for Mahama confirmed Akuapem North MCE

Police officer who resigned to campaign for Mahama confirmed Akuapem North MCE

8 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact
    Call us: +23320000000

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • National
    • Entertainment
    • Gaming
    • Movie
    • Music
    • Sports
    • Fashion
    • Lifestyle
    • Travel
    • Tech
    • Health
    • Food

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.