The Ghana Revenue Authority (GRA) has announced the implementation of a GHC1 fuel levy, effective July 16, 2025.
The decision follows a review of global market conditions and domestic fuel prices, in consultation with the Ministries of Finance and Energy. The GRA stated that the timing aligns with efforts to maintain economic stability while addressing the energy sector’s financial needs.
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The Energy Sector Levies (Amendment) Act, 2025 (Act 1141), introduces revised rates for the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) across several petroleum products. According to the GRA, “The revised rates are expected to help close funding gaps and support the repayment of legacy debts in the energy sector.”
The authority has encouraged stakeholders in the petroleum downstream sector to take note of the new rates and adjust their pricing structures accordingly. Officials will monitor the impact of the revised levies and engage with industry players to ensure smooth implementation.
The move aims to generate additional revenue to settle outstanding debts and support critical energy infrastructure.
