The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has confirmed that comprehensive discussions are underway with the Finance Minister to review existing petroleum taxes and levies including the one‑cedi levy on fuel products.
Speaking at the launch of the Chamber of Oil Marketing Companies’ Safety Week Celebration in Accra, Hon. Jinapor explained that government is carefully considering calls from the public and stakeholders to ease some petroleum taxes in light of global pressures, such as rising crude prices due to international tensions.
While emphasising the need to ensure petroleum products remain available and affordable in the Ghanaian market, the Energy Minister said the review process is ongoing and that decisions would reflect a balance between reducing costs for consumers and maintaining necessary revenue flows for the economy.
Hon. Jinapor reiterated that having adequate fuel supply is pivotal, asserting that “once products are available in the market, then we can talk about pricing.” In the meantime, the ministry continues its engagement with the Finance Ministry to determine which levies and taxes may be adjusted to provide relief.
The issue of fuel taxation has gained attention amid rising concerns over pump prices and calls from various groups for tax relief to ease the burden on motorists and businesses across the country.
Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of The Accra Daily Mail, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
