Finance

GH₵1 fuel levy kicks in July 14 – Energy Ministry

The Ministry of Energy has reaffirmed that the GH₵1 fuel levy will take effect from Monday, July 14, as part of the government’s efforts to restore stability and financial sanity in the country’s power sector.

“We will start on Monday, July 14,” the Ministry’s spokesperson, Richmond Rockson, confirmed when asked about the commencement date on Joy FM’s Super Morning Show on Friday.

According to him, the current administration inherited a sector burdened with massive debts and structural inefficiencies. He stressed that the levy is a necessary corrective measure aimed at sustaining power generation and ensuring long-term energy security.

“This government inherited a very difficult energy sector—and it’s not just the power sector—the petroleum sector as well, both downstream and upstream. It will take all of us as citizens to sacrifice in order to bring the sector back,” he said.

The announcement of the GH₵1 fuel levy months ago sparked widespread public outcry, with many Ghanaians, especially members of opposition political parties, expressing concern over the rising cost of living.

Meanwhile, the Energy Ministry insists that the levy is necessary to revamp the sector and has since authorised the Ghana Revenue Authority to collect it.

Source: Albert Kuzor

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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