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Gov’t to reduce 3 taxes on petroleum products – Minister

The Akufo-Addo government is putting measures in place to reduce some taxes on fuel in the coming days.

This was revealed by a
Deputy Minister for Energy, Mr Andrew Agyapa Mercer, who assured of government’s commitment to cushion fuel consumers from the effects of increasing price hikes in recent times

Although he was unable to confirm a specific date by which the government’s intervention will take effect, Mercer who is also the legislator for Sekondi hinted of the reduction of some taxes on petroleum products.

Mercer in an interview with Joy News said the decision was arrived at after the NPA recommended that the government reconsiders some of the petroleum taxes, specifically the Special Petroleum Tax, the Energy Sector Recovery Levy, and the Pollution and Sanitation Levy.

Fuel prices are expected to jump again from GHS 8 to GHS 9 or 10 from tomorrow, March 16,2022.

 

Source: Myxzonline.com|Ghana

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