//GA4 analytics
  • Home
  • Privacy & Policy
  • Contact
  • Media
  • CratesHub.com
  • Audio on Demand
ATL FM NewsRoom
  • Home
  • Featured
    President John Dramani Mahama has reportedly voiced deep concern after authorities intercepted a number of articulated trucks suspected to be involved in a transit diversion and tax evasion scheme at Ghana’s border points.

    Government Cracks Down on Suspected Transit Fraud

    An Economist and Senior Lecturer at the University of Ghana, Dr. George Domfeh, has voiced concern over what he describes as a recurring trend of political leaders failing to fulfil campaign promises after assuming office.

    Ghana Must Prioritise Substance Over Political Rebranding – Economist

    The Minority Spokesperson on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has criticized the newly passed 24-Hour Economy Authority Bill, describing it as inadequate and incapable of delivering the much-touted transformation of Ghana’s economy.

    Oppong Nkrumah: New 24-Hour Economy Law Won’t Transform Ghana

    From Rooftops to Tables: The Expert Guide to Growing Home Food Without Owning Land

    From Rooftops to Tables: The Expert Guide to Growing Home Food Without Owning Land

    GH¢85m Tax Shock Forces New Cooking Oil Import Directive

    GH¢85m Tax Shock Forces New Cooking Oil Import Directive

    Mobile Money

    Ghana Retains Top Spot in GSMA’s 2025 Mobile Money Regulatory Index

    Massive GH¢85m Transit Fraud Foiled by GRA, National Security

    Massive GH¢85m Transit Fraud Foiled by GRA, National Security

    Dr Samuel Kaba Akoriyea, Director‑General of the Ghana Health Service (GHS), has issued a nationwide directive requiring all health workers to wear approved uniforms and clearly visible name tags to enhance professionalism, accountability and patient safety across public health facilities.

    GHS Orders Uniforms and Name Tags for Health Workers After Baby Theft at Mamprobi Polyclinic

    The Dean of the Faculty of Accounting and Finance at the University of Professional Studies, Accra, Prof. Isaac Boadi, says Ghana’s newly formalised 24-Hour Economy policy has the potential to unlock growth and attract foreign investment provided it moves beyond political symbolism to practical implementation.

    24-Hour Economy Can Drive Growth and Jobs, But Funding and Planning Are Crucial — Prof. Boadi

  • News
    • All
    • Africa News
    • Business
    • International
    • Local News
    son

    Robert Mugabe’s son charged with attempted murder in South Africa

    airport

    Flights delayed for up to 20 hours as Kenya airport staff strike for second day

    Tyla

    South African singer Tyla edges out Davido to clinch Grammy

    Family

    Family seeks answers as Kenyan fighting for Russia killed in Ukraine

    Suspected jihadists attack airport near Niger’s capital

    Suspected jihadists attack airport near Niger’s capital

    gunfire

    Heavy gunfire and blasts heard near airport in Niger’s capital

  • Politics
  • Sports
  • Entertainment
  • Technology
  • Lifestyle
  • Opinions
  • MediaAudio
    • All
    • Agyanom Afarifo
    • Cross Current
    • Sports Pai Mu Kan
    • Thursdays Sports

    Thursday Afternoon Sports

    Agoro Nie Pae Mu Ka

    Cross Current

    Agyanom Afarifo

  • Contact Us
  • About us
No Result
View All Result
  • Home
  • Featured
    President John Dramani Mahama has reportedly voiced deep concern after authorities intercepted a number of articulated trucks suspected to be involved in a transit diversion and tax evasion scheme at Ghana’s border points.

    Government Cracks Down on Suspected Transit Fraud

    An Economist and Senior Lecturer at the University of Ghana, Dr. George Domfeh, has voiced concern over what he describes as a recurring trend of political leaders failing to fulfil campaign promises after assuming office.

    Ghana Must Prioritise Substance Over Political Rebranding – Economist

    The Minority Spokesperson on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has criticized the newly passed 24-Hour Economy Authority Bill, describing it as inadequate and incapable of delivering the much-touted transformation of Ghana’s economy.

    Oppong Nkrumah: New 24-Hour Economy Law Won’t Transform Ghana

    From Rooftops to Tables: The Expert Guide to Growing Home Food Without Owning Land

    From Rooftops to Tables: The Expert Guide to Growing Home Food Without Owning Land

    GH¢85m Tax Shock Forces New Cooking Oil Import Directive

    GH¢85m Tax Shock Forces New Cooking Oil Import Directive

    Mobile Money

    Ghana Retains Top Spot in GSMA’s 2025 Mobile Money Regulatory Index

    Massive GH¢85m Transit Fraud Foiled by GRA, National Security

    Massive GH¢85m Transit Fraud Foiled by GRA, National Security

    Dr Samuel Kaba Akoriyea, Director‑General of the Ghana Health Service (GHS), has issued a nationwide directive requiring all health workers to wear approved uniforms and clearly visible name tags to enhance professionalism, accountability and patient safety across public health facilities.

    GHS Orders Uniforms and Name Tags for Health Workers After Baby Theft at Mamprobi Polyclinic

    The Dean of the Faculty of Accounting and Finance at the University of Professional Studies, Accra, Prof. Isaac Boadi, says Ghana’s newly formalised 24-Hour Economy policy has the potential to unlock growth and attract foreign investment provided it moves beyond political symbolism to practical implementation.

    24-Hour Economy Can Drive Growth and Jobs, But Funding and Planning Are Crucial — Prof. Boadi

  • News
    • All
    • Africa News
    • Business
    • International
    • Local News
    son

    Robert Mugabe’s son charged with attempted murder in South Africa

    airport

    Flights delayed for up to 20 hours as Kenya airport staff strike for second day

    Tyla

    South African singer Tyla edges out Davido to clinch Grammy

    Family

    Family seeks answers as Kenyan fighting for Russia killed in Ukraine

    Suspected jihadists attack airport near Niger’s capital

    Suspected jihadists attack airport near Niger’s capital

    gunfire

    Heavy gunfire and blasts heard near airport in Niger’s capital

  • Politics
  • Sports
  • Entertainment
  • Technology
  • Lifestyle
  • Opinions
  • MediaAudio
    • All
    • Agyanom Afarifo
    • Cross Current
    • Sports Pai Mu Kan
    • Thursdays Sports

    Thursday Afternoon Sports

    Agoro Nie Pae Mu Ka

    Cross Current

    Agyanom Afarifo

  • Contact Us
  • About us
No Result
View All Result
ATL FM NewsRoom
No Result
View All Result
--Advertisements--
Home Featured

GH¢85m Tax Shock Forces New Cooking Oil Import Directive

Mabel Boamah by Mabel Boamah
5 hours ago
in Featured
0
GH¢85m Tax Shock Forces New Cooking Oil Import Directive
0
SHARES
Share on FacebookShare on Twitter
--Advertisements--

A massive tax discrepancy exceeding GH¢85 million has triggered a major policy shift in Ghana’s import regime, with government directing that all commercial quantities of cooking oil be routed exclusively through the country’s seaports.

The decision follows a joint late-night operation by the Customs Division of the Ghana Revenue Authority (GRA) and National Security, which intercepted 12 articulated trucks carrying cooking oil, spaghetti and tomato paste.

--Advertisements--

The cargo had been declared as transit goods bound for Niger but was diverted to the Tema Customs yard for verification.

From GH¢2.6m to GH¢85m

According to the Deputy Finance Minister, Thomas Ampem Nyarko, initial documentation showed taxes assessed at GH¢2.6 million on more than 44,000 packages.

--Advertisements--

However, a reassessment revealed that the actual tax liability should have exceeded GH¢85 million — a dramatic difference that officials say exposes serious vulnerabilities in the transit system.

Further investigation revealed that while the official reference price for edible oil was set at $20.50, customs documentation used a significantly lower valuation of $12 to calculate duties, sharply reducing the payable tax.

The Deputy Minister described the development as “deeply troubling,” suggesting the practice could be more widespread than initially believed.

Transit Loophole Exploited

Authorities are questioning why goods allegedly travelling from Togo to Niger would pass through Ghana, raising suspicions that the transit declaration may have been used to disguise goods intended for the local market.

Under existing directives, high-risk commodities such as edible oil, tomato paste, spaghetti, rice and sugar are prohibited from entering Ghana through land borders for domestic import.

Related Article: Massive GH¢85m Transit Fraud Foiled by GRA, National Security

However, transit goods were not previously covered under that restriction — a loophole importers are alleged to have exploited.

Seaport-Only Policy Introduced

In response, government has now directed that all commercial quantities of cooking oil must enter Ghana exclusively through seaports, where valuation checks and monitoring systems are more stringent.

Officials say the measure aims to:

  • Strengthen revenue protection
  • Prevent under-valuation practices
  • Close transit declaration loopholes
  • Reduce diversion of goods into the domestic market

The move forms part of broader efforts to clamp down on revenue leakages at ports and trade corridors.

Wider Revenue Implications

Analysts say the GH¢85 million tax exposure underscores the potential scale of revenue losses if transit protocols are abused.

The Commissioner-General of the Ghana Revenue Authority, Anthony Kwasi Sarpong, has assured that investigations will be completed within one week.

Of the 18 trucks suspected to be involved, 12 were intercepted, while six remain unaccounted for.

Authorities have not ruled out further enforcement actions or additional policy adjustments depending on the findings of the ongoing probe.

The latest directive signals a tightening of import controls as government seeks to safeguard revenue mobilisation amid growing concerns over customs compliance.

READ FULL STATEMENT BELOW

Screenshot

CLICK HERE FOR MORE STORIES

Tags: CustomsGRAPublicFinanceRevenueProtectionTaxShockTradeCompliance
Mabel Boamah

Mabel Boamah

Listen Live

ATL FM Live Streaming
Your browser does not support the audio element.

Stay Connected test

  • 1.9k Followers
  • 1000 Subscribers
  • Trending
  • Comments
  • Latest
Massive GH¢85m Transit Fraud Foiled by GRA, National Security

Massive GH¢85m Transit Fraud Foiled by GRA, National Security

February 20, 2026
I sometimes make GH₵112,500.00 monthly on Facebook – Comedian Waris

I sometimes make GH₵112,500.00 monthly on Facebook – Comedian Waris

February 22, 2024
COCOBOD cuts Management pay by 20% in urgent reform drive

COCOBOD cuts Management pay by 20% in urgent reform drive

February 17, 2026
FDA: Cement Not Approved for Food Preservation in Ghana

FDA: Cement not approved for food preservation in Ghana

February 17, 2026
President John Dramani Mahama has reportedly voiced deep concern after authorities intercepted a number of articulated trucks suspected to be involved in a transit diversion and tax evasion scheme at Ghana’s border points.

Government Cracks Down on Suspected Transit Fraud

0
An Economist and Senior Lecturer at the University of Ghana, Dr. George Domfeh, has voiced concern over what he describes as a recurring trend of political leaders failing to fulfil campaign promises after assuming office.

Ghana Must Prioritise Substance Over Political Rebranding – Economist

0
The Minority Spokesperson on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has criticized the newly passed 24-Hour Economy Authority Bill, describing it as inadequate and incapable of delivering the much-touted transformation of Ghana’s economy.

Oppong Nkrumah: New 24-Hour Economy Law Won’t Transform Ghana

0
son

Robert Mugabe’s son charged with attempted murder in South Africa

0
President John Dramani Mahama has reportedly voiced deep concern after authorities intercepted a number of articulated trucks suspected to be involved in a transit diversion and tax evasion scheme at Ghana’s border points.

Government Cracks Down on Suspected Transit Fraud

February 23, 2026
An Economist and Senior Lecturer at the University of Ghana, Dr. George Domfeh, has voiced concern over what he describes as a recurring trend of political leaders failing to fulfil campaign promises after assuming office.

Ghana Must Prioritise Substance Over Political Rebranding – Economist

February 23, 2026
The Minority Spokesperson on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has criticized the newly passed 24-Hour Economy Authority Bill, describing it as inadequate and incapable of delivering the much-touted transformation of Ghana’s economy.

Oppong Nkrumah: New 24-Hour Economy Law Won’t Transform Ghana

February 23, 2026
son

Robert Mugabe’s son charged with attempted murder in South Africa

February 23, 2026

Recent News

President John Dramani Mahama has reportedly voiced deep concern after authorities intercepted a number of articulated trucks suspected to be involved in a transit diversion and tax evasion scheme at Ghana’s border points.

Government Cracks Down on Suspected Transit Fraud

February 23, 2026
An Economist and Senior Lecturer at the University of Ghana, Dr. George Domfeh, has voiced concern over what he describes as a recurring trend of political leaders failing to fulfil campaign promises after assuming office.

Ghana Must Prioritise Substance Over Political Rebranding – Economist

February 23, 2026
The Minority Spokesperson on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, has criticized the newly passed 24-Hour Economy Authority Bill, describing it as inadequate and incapable of delivering the much-touted transformation of Ghana’s economy.

Oppong Nkrumah: New 24-Hour Economy Law Won’t Transform Ghana

February 23, 2026
son

Robert Mugabe’s son charged with attempted murder in South Africa

February 23, 2026

ATL FM LIVE

ATL FM Live Streaming
Your browser does not support the audio element.

We serve you with the most credible and authentic news covering articles, campus, regional, national and international stories.

Follow Us

Browse by Category

  • Africa News
  • Agyanom Afarifo
  • Business
  • Cross Current
  • E-News
  • Featured
  • Foreign News
  • Foreign Sports
  • International
  • Lifestyle
  • Local News
  • Local Sports
  • Media
  • News
  • Opinions
  • Politics
  • Sports
  • Sports Pai Mu Kan
  • Tech
  • Thursdays Sports
  • Uncategorized
  • Video

Recent News

President John Dramani Mahama has reportedly voiced deep concern after authorities intercepted a number of articulated trucks suspected to be involved in a transit diversion and tax evasion scheme at Ghana’s border points.

Government Cracks Down on Suspected Transit Fraud

February 23, 2026
An Economist and Senior Lecturer at the University of Ghana, Dr. George Domfeh, has voiced concern over what he describes as a recurring trend of political leaders failing to fulfil campaign promises after assuming office.

Ghana Must Prioritise Substance Over Political Rebranding – Economist

February 23, 2026
  • Home
  • Privacy & Policy
  • Contact
  • Media
  • CratesHub.com
  • Audio on Demand

© 2020 ATL FM NEWS - Your source of authentic news. Powered by ATL FM IT Dept

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
--Advertisements--

Add New Playlist

No Result
View All Result
  • About us
  • Audio on Demand
  • Contact Us
  • Home
  • Privacy & Policy

© 2020 ATL FM NEWS - Your source of authentic news. Powered by ATL FM IT Dept