The Minority in Parliament has urged the government to scrap the GH₵1 levy on petroleum products, warning that it is worsening the financial burden on citizens amid rising fuel prices.
Deputy Ranking Member of the Energy Committee, Collins Adomako Mensah, argued that the levy has outlived its purpose, noting that ongoing tensions involving Israel, the United States, and Iran have pushed up global crude oil prices and fuel costs in Ghana.
“Keeping the one Ghana cedi levy is punishment. The government must repeal it immediately under a certificate of urgency and review all taxes and levies in petroleum pricing.” He said
Further, he added that the government should also consider suspending or restructuring other embedded levies to cushion consumers from the impact of rising global oil prices.
SOURCE: Citinewsroom
