• About
  • Advertisements
  • Terms of Use
  • Contact
Friday, June 20, 2025
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

GRA’s new fuel levy faces backlash as COMAC rejects “rambo-style” rollout

by The Sikaman Times
June 9, 2025
GRA Boss Anthony Kwasi Sarpong [L], COMAC CEO, Dr. Oppong Riverson [R}

GRA Boss Anthony Kwasi Sarpong [L], COMAC CEO Dr. Oppong Riverson [R}

ShareTweetSendShareSend

The announced implementation of the GHS1 per litre fuel levy by the Ghana Revenue Authority (GRA) has sparked strong opposition from the Chamber of Oil Marketing Companies (COMAC), which described the rollout as “coercive” and an “institutional ambush.”

The GRA, in a Tariff Interpretation Order (TIO No. 2025/003) dated June 6 and circulated over the weekend, announced that starting Monday, June 9, a revised Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) will apply to petroleum products. 

The levy, implemented under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), aims to raise additional revenue to offset energy sector debts and stabilize power supply.

The new rates, which double the previous levies on key fuel products like petrol, diesel, and partially refined oil, are set to increase from GHS 0.95 to GHS 1.95 per litre for petrol and from GHS 0.93 to GHS 1.93 for diesel.

According to the GRA, the changes are “for strict compliance” and take effect immediately on all petroleum products “not lifted before the effective date of this order.”

But the directive has been met with fury from COMAC, which has accused the GRA of attempting to impose a major fiscal policy without adequate notice or stakeholder alignment.

In a letter addressed to the Commissioner-General dated June 8, COMAC wrote:

“We write to register our utmost dismay and strong objection to the letter received from your office this morning, Sunday, 8:00 AM, dated Friday, June 6, 2025, a public holiday. The letter demands implementation of the new Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) effective Monday, 9th June 2025.”

COMAC described the move as a “Rambo-style directive in the middle of a weekend,” warning that such abrupt changes are both unlawful and operationally infeasible.

“Let us state the facts plainly: this approach is neither lawful nor operationally feasible. It smacks of coercion rather than governance and depicts a military regime.”

The group also revealed that they had met with the Minister for Energy and Green Transition just a day before the GRA order was dated, where they raised three key concerns—none of which were reflected in the implementation directive.

COMAC further pointed out that the downstream sector is already burdened with eight separate taxes and levies, representing 22% of the ex-pump price of fuel.

“The ESSDRL increment pushes this to 26%, threatening industry survival, competitiveness, and consumer welfare,” the statement said.

OMCs, particularly those operating on a cash-and-carry basis, have also raised alarm over their inability to immediately fund the increased tax burden on fuel stock that will be lifted starting Monday.

In a firm conclusion, COMAC declared:

“We therefore wish to state unequivocally: COMAC and its members cannot and will not begin implementation of this levy from Monday, 9th June.”

The industry body is calling for a minimum two-week transition period, proposing a new implementation date of June 16, 2025, to allow oil marketing companies to adjust their systems, prices, and inventory plans accordingly.

Advertisement Advertisement
Tags: COMACFeaturedFuel LevyGhana Revenue Authority
ShareTweetSendShareSend
Previous Post

“Wanted by Ghana”: INTERPOL issues red notice for Ofori-Atta

Next Post

GH¢9bn lost to irregularities in 2023 as Ghana’s anti-corruption efforts stalls

Related Posts

Dr. Mahamudu Bawumia
General

Over 60 of 88 Minority MPs back Bawumia

June 19, 2025
Felix Gyamfi, National Service Authority
Education

Gov’t suspends NSA posting system

June 19, 2025
ACI President, Lawrence O. Boampong [L], and Vice President, Maame Adjoa Thompson [R]
Banking & Finance

Ghana to host ACI World Congress 2026

June 19, 2025
Yaw Osei Adutwum
General

Dr. Osei Adutwum confirms bid for NPP flagbearer slot

June 19, 2025
dollar notes_cedi notes
Business

Riding the Forex Wave: How Ordinary Ghanaians Can Benefit from a Favourable USD-Cedi Exchange Rate [ARTICLE]

June 18, 2025
Performance Audit: Minority MPs shine amid party-wide weakness
General

Performance Audit: Minority MPs shine amid party-wide weakness

June 18, 2025
Next Post
State of Corruption Report 2024

GH¢9bn lost to irregularities in 2023 as Ghana’s anti-corruption efforts stalls

  • ACI President, Lawrence O. Boampong [L], and Vice President, Maame Adjoa Thompson [R]

    Ghana to host ACI World Congress 2026

    12 shares
    Share 5 Tweet 3
  • Kenya: Protests spark over blogger’s death in police custody

    1 shares
    Share 0 Tweet 0
  • Over 60 of 88 Minority MPs back Bawumia

    1 shares
    Share 0 Tweet 0
  • Maranatha TV rebrands as MBN TV, officially launches in Accra

    2 shares
    Share 1 Tweet 1
  • Gov’t suspends NSA posting system

    0 shares
    Share 0 Tweet 0
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

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
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Dr. Mahamudu Bawumia

Over 60 of 88 Minority MPs back Bawumia

June 19, 2025
Albert Ojwang, Kenyan Blogger

Kenya: Protests spark over blogger’s death in police custody

June 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

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

About Us

© 2024 - 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 2022-2025
The Sikaman Times