• Latest
  • Trending
GH¢1 Petroleum Levy: Time to impose petroleum levy is now-Jinapor

GH¢1 Petroleum Levy: Time to impose petroleum levy is now-Jinapor

June 4, 2025
Speaker Bagbin addresses chaos witnessed in Parliament on Tuesday

Speaker Bagbin addresses chaos witnessed in Parliament on Tuesday

June 11, 2025
Dr. Ayew Afriyie Urges NPP Leadership to Release 2024 Election Defeat Report

Dr. Ayew Afriyie Urges NPP Leadership to Release 2024 Election Defeat Report

June 11, 2025
At least seven dead in South Africa following powerful winter storm

At least seven dead in South Africa following powerful winter storm

June 11, 2025
Government plans to regulate, train, and support scrap business - GIISDEC Deputy CEO

Government plans to regulate, train, and support scrap business – GIISDEC Deputy CEO

June 11, 2025
Retired Nurses Not the Answer – GRNMA Fires Back at Gov’t"

Retired Nurses Not the Answer – GRNMA Fires Back at Gov’t

June 11, 2025
Telcos are not to blame for high data costs - IT expert

Telcos are not to blame for high data costs – IT expert

June 11, 2025
Data bundle increase is good news - Head of Media, IP-GH

Data bundle increase is good news – Head of Media, IP-GH

June 11, 2025
MOWAG to meet NLC today, June 11 over conditions of service

MOWAG to meet NLC today, June 11 over conditions of service

June 11, 2025
President Mahama bans DSTV at Jubilee House in latest cost-cutting measure

President Mahama bans DSTV at Jubilee House in latest cost-cutting measure

June 11, 2025
GRNMA Strike: Health Ministry introduces measures to ease impact of nurses' strike

GRNMA Strike: Health Ministry introduces measures to ease impact of nurses’ strike

June 11, 2025
BECE begins in over 2,237 centres nationwide

BECE begins in over 2,237 centres nationwide

June 11, 2025
Parliament suspends sitting over Nurses’ Strike debate

Parliament suspends sitting over Nurses’ Strike debate

June 11, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

GH¢1 Petroleum Levy: Time to impose petroleum levy is now-Jinapor

in News, Top Story
GH¢1 Petroleum Levy: Time to impose petroleum levy is now-Jinapor

GH¢1 Petroleum Levy: Time to impose petroleum levy is now-Jinapor

Share on FacebookShare on TwitterShare on Whatsapp

Minister for Energy and Green Transition John Jinapor has defended the newly approved GH¢1 petroleum levy policy as a prudent fiscal intervention necessary to stabilize the country’s energy sector.

Jinapor explained that the government had refrained from introducing the levy earlier due to the high cost of petroleum products at the time.

Speaking in an interview, he noted that fuel prices had previously hovered around GH¢16.00 per litre, making additional charges too burdensome for consumers.

However, recent government interventions have reduced fuel prices to approximately GH¢13.00 per litre, creating what he described as a reasonable window to introduce the levy.

“Fuel was around GH¢16.00, and a sensitive government will not slap a tax when fuel is GH¢16.00. You couldn’t have imposed that tax around that time when fuel was still very high, and so you needed to work to bring fuel down to this level and share the gain with Ghanaians.”

Parliament approved the levy on Tuesday, June 3, despite strong opposition from New Patriotic Party (NPP) Members of Parliament, who criticized the measure as an unnecessary burden on consumers.

The levy is expected to generate between GH¢5 billion and GH¢6 billion, with the revenue earmarked for critical infrastructural and operational needs within the energy sector.

Despite the backlash, Jinapor maintained that the levy is essential for ensuring consistent fuel supply and long-term sustainability.

He reassured Ghanaians that the government remains committed to transparency and accountability in the utilization of the funds, urging citizens to view the measure as an investment in national development.

Tags: DumsorGH¢1 Petroleum LevyJohn Jinapor

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

National Economic Dialogue Committee to present its final report today

Next Post

GRNMA Strike: Nurses Halt Emergency, OPD Services in Kumasi—patients stranded

Next Post

GRNMA Strike: Nurses Halt Emergency, OPD Services in Kumasi—patients stranded

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Speaker Bagbin addresses chaos witnessed in Parliament on Tuesday
  • Dr. Ayew Afriyie Urges NPP Leadership to Release 2024 Election Defeat Report
  • At least seven dead in South Africa following powerful winter storm
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.