Leader of the Economic Fighters League, Ernesto Yeboah, has condemned government’s new petroleum levy, calling it an unjust burden on struggling citizens.
The GH¢1 petroleum aims to raise funds to address energy sector debt and ensure stable power supply.
However, Yeboah argues that the tax is ill-timed, coming at a moment when Ghanaians need economic relief, not additional financial strain.
“It is obvious that the people of Ghana are already reeling under serious economic crises. This is certainly not the time for more taxes. It is actually a time for relief”.
The Economic Fighters League leader also criticized the government’s decision to scrap the Electronic Transaction Levy (E-Levy), only to introduce a new petroleum tax that demands even more from citizens.
He urged President Mahama to consider alternative cost-cutting measures, such as removing CEOs from government payrolls, reducing fuel taxes, and abolishing tax concessions for companies exploiting Ghana’s natural resources.
Comparing Ghana to Burkina Faso, Yeboah suggested that the government could adopt a more modest approach, avoiding additional taxes while still managing its financial obligations.