• About
  • Advertisements
  • Terms of Use
  • Contact
Tuesday, July 14, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Fuel prices up as Gov’t implements GH¢1 levy

by The Sikaman Times
July 16, 2025
Fuel economy tips in the wake of expected global price surge caused by Israel-Hamas war
SharePostSendShareSend

The Ghana Revenue Authority (GRA) has begun enforcing new levies on petroleum products following the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), which takes effect today, July 16.

Initially scheduled for mid-June, the levy adjustments were deferred by a month to monitor international fuel prices and sustain recent domestic price stability.

In a statement signed by Acting Commissioner-General Anthony Kwasi Sarpong, the GRA explained that the delay was necessary to conduct a review of global market trends.

The Authority has now confirmed that a final assessment of economic conditions has informed the decision to proceed, consistent with the government’s objective of maintaining macroeconomic stability.

Under the revised structure, the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) on petrol has more than doubled — from GH¢0.95 to GH¢1.95 per litre. Diesel is now levied at GH¢1.93, up from GH¢0.93, while Marine Gas Oil (MGO) used by foreign vessels has also increased from GH¢0.93 to GH¢1.93. Locally consumed MGO will attract GH¢0.23, rising from GH¢0.03, and heavy fuel oil will now be levied at GH¢0.24 per litre, compared to the previous GH¢0.04.

Levies on liquefied petroleum gas (LPG) and naphtha remain unchanged at GH¢0.73 per litre, offering some relief to households that rely on LPG for cooking.

To facilitate the transition, the GRA has updated its Integrated Customs Management System (ICUMS) to automatically apply the new rates. Importers, distributors, and customs agents have been directed to comply fully with the revised charges.

“Your cooperation is vital to the successful implementation of this critical revenue measure, which is essential for Ghana’s energy sector stability and overall economic development,” the GRA noted. Circulars have been issued to all customs posts, ports, and petroleum service providers to guide implementation.

Meanwhile, prices of petroleum products have risen by approximately 9%, to GH¢12.88 per litre for petrol and GH¢14.38 per litre for diesel.

Advertisement Advertisement
Tags: FeaturedFuel pricesGhana Revenue Authority
Share2Tweet1SendShareSend
Previous Post

Prof. Frimpong-Manso Opuni takes over from Dr. Delese Darko as FDA boss

Next Post

Celebrating the Invisible Architects: Public Relations Practitioners

Related Posts

EOCO grants Miracles Aboagye GH¢50 million bail
General

EOCO grants Miracles Aboagye GH¢50 million bail

July 13, 2026
Parliament approves GH¢1 fuel levy per litre amid energy sector woes
Business

Ghana nears completion of external debt restructuring, says government

July 13, 2026
Gov’t mourns Yaa Naa Abukari Mahama II
General

Gov’t mourns Yaa Naa Abukari Mahama II

July 13, 2026
Banks association defends member after viral incident involving Okaikwei North MP
General

Banks association defends member after viral incident involving Okaikwei North MP

July 13, 2026
Miracles Aboagye, former IMCCoD accountant under investigation over alleged GH¢55m fraud – EOCO
General

Miracles Aboagye, former IMCCoD accountant under investigation over alleged GH¢55m fraud – EOCO

July 13, 2026
Dagbon Overlord Ya-Na Abukari II passes away
General

Dagbon Overlord Ya-Na Abukari II passes away

July 13, 2026
Next Post
Mary Lawson

Celebrating the Invisible Architects: Public Relations Practitioners

  • Miracles Aboagye, former IMCCoD accountant under investigation over alleged GH¢55m fraud – EOCO

    Miracles Aboagye, former IMCCoD accountant under investigation over alleged GH¢55m fraud – EOCO

    1 shares
    Share 0 Tweet 0
  • EOCO grants Miracles Aboagye GH¢50 million bail

    1 shares
    Share 0 Tweet 0
  • Adentan MCE commends strong turnout for national clean-up, warns against defying sanitation directives

    1 shares
    Share 0 Tweet 0
  • Ghana nears completion of external debt restructuring, says government

    1 shares
    Share 0 Tweet 0
  • Banks association defends member after viral incident involving Okaikwei North MP

    1 shares
    Share 0 Tweet 0

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times