• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Friday, May 8, 2026
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    GIFEC donates laptops to support One Million Coders Programme

    GIFEC donates laptops to support One Million Coders Programme

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    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

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Chelsea sack coach Liam Rosenior just three months after appointment

    Chelsea sack coach Liam Rosenior just three months after appointment

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    NYA warns against rising student violence at school sports events following SWESBUS clash

    NYA warns against rising student violence at school sports events following SWESBUS clash

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA begins closure of food businesses operating without hygiene permits

    FDA probes alleged use of plastic in frying plantain chips following viral claims

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    FDA begins closure of food businesses operating without hygiene permits

    FDA warns against using cement to preserve beans

    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

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    GIFEC donates laptops to support One Million Coders Programme

    GIFEC donates laptops to support One Million Coders Programme

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    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

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Chelsea sack coach Liam Rosenior just three months after appointment

    Chelsea sack coach Liam Rosenior just three months after appointment

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    NYA warns against rising student violence at school sports events following SWESBUS clash

    NYA warns against rising student violence at school sports events following SWESBUS clash

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA begins closure of food businesses operating without hygiene permits

    FDA probes alleged use of plastic in frying plantain chips following viral claims

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    FDA begins closure of food businesses operating without hygiene permits

    FDA warns against using cement to preserve beans

    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

    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
85
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

Mahama visits Akosombo following fire, applauds quick restoration work

Mahama visits Akosombo following fire, applauds quick restoration work

by theoverseer
April 30, 2026
0

President John Dramani Mahama has praised engineers of the Volta River Authority (VRA) and the Ghana Grid Company (GRIDCo) for...

Inflation in emerging economies to rise to 5.1% in 2026 – World Bank

Inflation in emerging economies to rise to 5.1% in 2026 – World Bank

by theoverseer
April 30, 2026
0

Inflation across emerging market and developing economies, including Ghana, is expected to rise in 2026, driven largely by higher global...

Fourth Akosombo unit restored, boosting power supply recovery efforts

Fourth Akosombo unit restored, boosting power supply recovery efforts

by theoverseer
April 30, 2026
0

The fourth generation unit at the Akosombo Dam has been successfully restored, marking another key milestone in efforts to stabilise...

BoG MPC to hold 125th meeting July 21–23

Banking sector rebounds as assets hit GH¢465bn – BoG Report

by theoverseer
April 29, 2026
0

Ghana’s banking sector is regaining momentum, with total industry assets climbing to GH¢465.4 billion as of February 2026, according to...

Crashed aircraft in Tema was private, not military — Deputy Defence Minister

Defence Ministry denies claims over allocation of military lands to Ibrahim Mahama

by theoverseer
April 29, 2026
0

Defence Ministry has rejected reports alleging that military lands have been handed over to the President’s brother, describing the claims...

Two generation units restored at Akosombo after GRIDCo fire disruption – Energy Minister

Energy Ministry rejects ‘politically motivated and unwarranted’ calls for Jinapor’s resignation

by theoverseer
April 29, 2026
0

The Ministry of Energy has dismissed calls by the Minority in Parliament for the resignation of Energy Minister John Abdulai...

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

Hubtel Refutes Financial Impropriety Accusations in ECG Deal

Hubtel Refutes Financial Impropriety Accusations in ECG Deal

2 years ago
Michael Kwetey Tetteh Donates to Greater Accra NDC, Urges Supporters to Avoid Complacency

Michael Kwetey Tetteh Donates to Greater Accra NDC, Urges Supporters to Avoid Complacency

1 year 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.