President John Dramani Mahama has signed into law the Energy Sector Levy (Amendment) Bill, 2025, which introduces a GH¢1 per litre on petroleum products.
The new measure, passed by Parliament, is projected to generate GHS5.7 billion in revenue. According to the government, the funds will be used to reduce debts in the energy sector and ensure stable and reliable power supply.
At the signing ceremony in Accra on Thursday, June 5, President Mahama reaffirmed his administration’s commitment to resolving the country’s energy challenges.
A day before the assent, the president defended the levy, calling it a necessary and justified step toward stabilizing Ghana’s energy sector.
He acknowledged public concerns but stressed that the revenue would be ring-fenced and allocated strictly to addressing critical energy issues.
“This decision, though difficult, is necessary and justifiable. This revenue will be strictly ring-fenced to pay down legacy debts, finance ongoing fuel purchases, and avert the risk of recurring power shortages,” he stated.
