• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Friday, June 19, 2026
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Diaspora Ghanaian donates protective gear to support anti-illegal mining operations

    Diaspora Ghanaian donates protective gear to support anti-illegal mining operations

    MTN Ghana reduces fibre broadband prices after gov’t engagement – Sam George

    MTN Ghana reduces fibre broadband prices after gov’t engagement – Sam George

    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

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    South Africa score late from spot to draw with Czech Rep

    South Africa score late from spot to draw with Czech Rep

    Fifa WC: Sam George sends warning to England

    Fifa WC: Sam George sends warning to England

    Okyeame Kwame to build GHS4 million pediatric unit at Manhyia Hospital

    Okyeame Kwame to build GHS4 million pediatric unit at Manhyia Hospital

    Semenyo wins man of the match award in Ghana -Panama match

    Semenyo wins man of the match award in Ghana -Panama match

    Queiroz: “We battled like warriors” as Ghana beat Panama in World Cup opener

    Queiroz: “We battled like warriors” as Ghana beat Panama in World Cup opener

    Yirenkyi’s last-gasp goal gives Ghana victory over Panama in World Cup opener

    Yirenkyi’s last-gasp goal gives Ghana victory over Panama in World Cup opener

    WC 26:Ghana secured a narrow 1–0 victory over Panama

    WC 26:Ghana secured a narrow 1–0 victory over Panama

    Alan Kyerematen, United Party wish Black Stars well in World Cup campaign

    Alan Kyerematen, United Party wish Black Stars well in World Cup campaign

    E&P sends goodwill message to Black Stars ahead of crucial campaign

    E&P sends goodwill message to Black Stars ahead of crucial campaign

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Former Asante Kotoko player Francis Coffie completes rehabilitation programme

    Former Asante Kotoko player Francis Coffie completes rehabilitation programme

    Weija-Gbawe MP visits beneficiaries of free eye surgery programme

    Weija-Gbawe MP visits beneficiaries of free eye surgery programme

    Semenyo shares emotional post-match moment with fiancée after Ghana’s dramatic World Cup win

    Semenyo shares emotional post-match moment with fiancée after Ghana’s dramatic World Cup win

    E/R: Kwahu Odaa Chief, drivers appeal for urgent rehabilitation of Fodoa–Odaa–Awiregya road

    E/R: Kwahu Odaa Chief, drivers appeal for urgent rehabilitation of Fodoa–Odaa–Awiregya road

    GMTF, CHAG Explore Partnership to Expand Access to Specialised Healthcare

    GMTF, CHAG Explore Partnership to Expand Access to Specialised Healthcare

    Yeji Paramount Chief Meets NHIA, Advocates Improved Healthcare Access for Riverine Communities

    Yeji Paramount Chief Meets NHIA, Advocates Improved Healthcare Access for Riverine Communities

    Mahama Cares: President Mahama Delivers Historic Relief for Ghanaians Living with Chronic Illness

    Mahama Cares: President Mahama Delivers Historic Relief for Ghanaians Living with Chronic Illness

    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

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Diaspora Ghanaian donates protective gear to support anti-illegal mining operations

    Diaspora Ghanaian donates protective gear to support anti-illegal mining operations

    MTN Ghana reduces fibre broadband prices after gov’t engagement – Sam George

    MTN Ghana reduces fibre broadband prices after gov’t engagement – Sam George

    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

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    South Africa score late from spot to draw with Czech Rep

    South Africa score late from spot to draw with Czech Rep

    Fifa WC: Sam George sends warning to England

    Fifa WC: Sam George sends warning to England

    Okyeame Kwame to build GHS4 million pediatric unit at Manhyia Hospital

    Okyeame Kwame to build GHS4 million pediatric unit at Manhyia Hospital

    Semenyo wins man of the match award in Ghana -Panama match

    Semenyo wins man of the match award in Ghana -Panama match

    Queiroz: “We battled like warriors” as Ghana beat Panama in World Cup opener

    Queiroz: “We battled like warriors” as Ghana beat Panama in World Cup opener

    Yirenkyi’s last-gasp goal gives Ghana victory over Panama in World Cup opener

    Yirenkyi’s last-gasp goal gives Ghana victory over Panama in World Cup opener

    WC 26:Ghana secured a narrow 1–0 victory over Panama

    WC 26:Ghana secured a narrow 1–0 victory over Panama

    Alan Kyerematen, United Party wish Black Stars well in World Cup campaign

    Alan Kyerematen, United Party wish Black Stars well in World Cup campaign

    E&P sends goodwill message to Black Stars ahead of crucial campaign

    E&P sends goodwill message to Black Stars ahead of crucial campaign

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Former Asante Kotoko player Francis Coffie completes rehabilitation programme

    Former Asante Kotoko player Francis Coffie completes rehabilitation programme

    Weija-Gbawe MP visits beneficiaries of free eye surgery programme

    Weija-Gbawe MP visits beneficiaries of free eye surgery programme

    Semenyo shares emotional post-match moment with fiancée after Ghana’s dramatic World Cup win

    Semenyo shares emotional post-match moment with fiancée after Ghana’s dramatic World Cup win

    E/R: Kwahu Odaa Chief, drivers appeal for urgent rehabilitation of Fodoa–Odaa–Awiregya road

    E/R: Kwahu Odaa Chief, drivers appeal for urgent rehabilitation of Fodoa–Odaa–Awiregya road

    GMTF, CHAG Explore Partnership to Expand Access to Specialised Healthcare

    GMTF, CHAG Explore Partnership to Expand Access to Specialised Healthcare

    Yeji Paramount Chief Meets NHIA, Advocates Improved Healthcare Access for Riverine Communities

    Yeji Paramount Chief Meets NHIA, Advocates Improved Healthcare Access for Riverine Communities

    Mahama Cares: President Mahama Delivers Historic Relief for Ghanaians Living with Chronic Illness

    Mahama Cares: President Mahama Delivers Historic Relief for Ghanaians Living with Chronic Illness

    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

    Trending Tags

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

GH¢1 fuel tax due to reckless actions by past gov’t – Energy Ministry

by theoverseer
June 5, 2025
in Energy, National, Politics
0
GH¢1 fuel tax due to reckless actions by past gov’t – Energy Ministry
0
SHARES
130
VIEWS
Share on FacebookShare on Twitter

The Ministry of Energy has responded to critics who have accused the government of short-changing 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.

“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.”

Source: Starrfmghana
Tags: Energy MinsitryGhana NewsGHS1 fuel taxRichmond Rockson
theoverseer

theoverseer

Related Posts

Avornyotse family defends historical lineage and announces petition over Nyornufia dispute

Avornyotse family defends historical lineage and announces petition over Nyornufia dispute

by theoverseer
June 19, 2026
0

The Avornyotse family of Kpando-Gadza has publicly reaffirmed its historical lineage and longstanding place within the community, while announcing plans...

NPP launches advanced training programme for MPs on parliamentary excellence

NPP launches advanced training programme for MPs on parliamentary excellence

by theoverseer
June 18, 2026
0

The New Patriotic Party (NPP), through its leadership in Parliament in collaboration with the International Centre for Governance and Policy...

Nii Lantey Vanderpuije consults Chief Imam ahead of NDC national chairmanship bid

Nii Lantey Vanderpuije consults Chief Imam ahead of NDC national chairmanship bid

by theoverseer
June 18, 2026
0

Former Member of Parliament for the Odododiodio constituency in the Greater Accra Region, Nii Lantey Vanderpuije, has paid a courtesy...

Eastern Regional Minister maintains Koforidua China Mall project remain suspended over drainage concerns

Eastern Regional Minister maintains Koforidua China Mall project remain suspended over drainage concerns

by theoverseer
June 18, 2026
0

The Eastern Regional Minister, Mrs. Rita Akosua Adjei Awatey, has reaffirmed the suspension of construction works on the Koforidua China...

Deputy Energy Minister reaffirms Ghana’s commitment to gas-led energy transition at West Africa Gas Summit 2026

Deputy Energy Minister reaffirms Ghana’s commitment to gas-led energy transition at West Africa Gas Summit 2026

by theoverseer
June 18, 2026
0

The Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah, has reaffirmed Ghana’s commitment to leveraging natural gas as a...

NDC branch elections set for June 20 to July 11, 2026 nationwide

NDC branch elections set for June 20 to July 11, 2026 nationwide

by theoverseer
June 18, 2026
0

Branch elections for the governing National Democratic Congress(NDC) are scheduled to take place across the country from Saturday, June 20,...

Next Post
Ghana signs major energy agreement to extend oil production licences to 2040

Ghana signs major energy agreement to extend oil production licences to 2040

Recommended

“Cedi no apicki” – Ato Forson celebrates currency recovery in Mid-Year Budget

“Cedi no apicki” – Ato Forson celebrates currency recovery in Mid-Year Budget

11 months ago
Husbands can now take wives’ surnames – South African court rules

Husbands can now take wives’ surnames – South African court rules

9 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.