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    Illegal PTA levies: GES cracks down, warns school heads

    Illegal PTA levies: GES cracks down, warns school heads

    Ghana celebrates 60 years of the Cedi: Legacy, Resilience & Reforms

    Ghana celebrates 60 years of the Cedi: Legacy, Resilience & Reforms

    Mahama begins Western Region tour with new dual carriageway project

    Mahama begins Western Region tour with new dual carriageway project

    A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

    2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

    The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

    IMF Urges Ghana to Be Strategic in Market Intervention Efforts

    The Nigerian film industry has once again witnessed love take center stage as popular Nollywood actress Eve Esin tied the knot with her Ghanaian partner, Suleman, in a colourful and emotional ceremony held over the weekend in Uyo, the capital city of Akwa Ibom State.

    Nollywood Star Eve Esin Marries Ghanaian Partner Suleman in Glamorous Uyo Ceremony

    NPA corruption scandal deepens — OSP uncovers new evidence, raises charges

    NPA corruption scandal deepens—OSP uncovers new evidence, raises charges

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    Accra — It may not even be the official start of December yet, but Ghana’s festive season seems to have found its explosive kickoff. ShattaFest 2025, headlined and organized by Dancehall superstar Shatta Wale, transformed Accra’s Independence Square into a sea of energy, music, and celebration last Saturday night.

    ShattaFest 2025: Shatta Wale Sets Independence Square Ablaze With an Unforgettable Night of Music and Unity

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    Inflation falls below 10% for first time in four years, now at 9.4%

    Inflation falls below 10% for first time in four years, now at 9.4%

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    Illegal PTA levies: GES cracks down, warns school heads

    Illegal PTA levies: GES cracks down, warns school heads

    Ghana celebrates 60 years of the Cedi: Legacy, Resilience & Reforms

    Ghana celebrates 60 years of the Cedi: Legacy, Resilience & Reforms

    Mahama begins Western Region tour with new dual carriageway project

    Mahama begins Western Region tour with new dual carriageway project

    A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

    2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

    The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

    IMF Urges Ghana to Be Strategic in Market Intervention Efforts

    The Nigerian film industry has once again witnessed love take center stage as popular Nollywood actress Eve Esin tied the knot with her Ghanaian partner, Suleman, in a colourful and emotional ceremony held over the weekend in Uyo, the capital city of Akwa Ibom State.

    Nollywood Star Eve Esin Marries Ghanaian Partner Suleman in Glamorous Uyo Ceremony

    NPA corruption scandal deepens — OSP uncovers new evidence, raises charges

    NPA corruption scandal deepens—OSP uncovers new evidence, raises charges

    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    Accra — It may not even be the official start of December yet, but Ghana’s festive season seems to have found its explosive kickoff. ShattaFest 2025, headlined and organized by Dancehall superstar Shatta Wale, transformed Accra’s Independence Square into a sea of energy, music, and celebration last Saturday night.

    ShattaFest 2025: Shatta Wale Sets Independence Square Ablaze With an Unforgettable Night of Music and Unity

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    Nigerian police fire tear gas as protesters gather over separatist leader

    Nigerian police fire tear gas as protesters gather over separatist leader

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    ‘Father of our democracy’: Kenya’s Raila Odinga dies in India aged 80

    Forty-two killed as bus crashes on South Africa mountain pass

    Forty-two killed as bus crashes on South Africa mountain pass

    Sudan Military leader convicted of war crimes — What it means for Darfur now

    Sudan Military leader convicted of war crimes — What it means for Darfur now

    MIIF probe escalates with Goldridge Refinery in spotlight

    MIIF probe escalates with Goldridge Refinery in spotlight

    Inflation falls below 10% for first time in four years, now at 9.4%

    Inflation falls below 10% for first time in four years, now at 9.4%

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Government must reduce taxes on petroleum products – Sammy Gyamfi

Aba Aikins Appah by Aba Aikins Appah
4 years ago
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National Communications Officer for the National Democratic Congress, Sammy Gyamfi says government must reduce taxes on petroleum to cushion the Ghanaian consumer.

Speaking in an interview monitored by ATL FM NEWS on GTV, he indicated that vehicle owners and drivers are in business to make profit and if they are buying fuels for their vehicles and the prices for these commodities goes up, the reasonable thing to do is to allow them to also adjust their transport fares accordingly.

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This, he said increases the plight of ordinary citizens and thus called on government to reduce the taxes which he believes will help reduce the prices of fuel.

He emphasized saying “we must learn to cut our coat according to the size of our clothes; let us live within our means and cut down on the wastage, on the consumption related expenditure. If President Akufo Addo should scrap the needless sanitation levy today, the price of diesel and petrol will come down drastically.”

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According to him, the determining factor of fuel prices in Ghana is not just the international market pricing index but rather the international market price, taxes, and levies of fuel commodities which is controlled by government, and exchange rate which is also the responsibility of government.

He however said “when Covid struck, the international market price of crude came down to even below $30 per barrel, government did not reduce fuel prices…at least in the last five years, they have collected in excess of GHS 2.5 in price stabilization and recovery levies alone”.                    

He further stated that these three factors have been mismanaged by the current government, hinting that because government does not control the international market price of fuel, the price stabilization tax and recovery levy was instituted. 

On the issue of the Assin North MP, he indicated that government is trying to use state institutions to reduce the NDC’s numbers in parliament just to pass the E-levy.

“That is why we have served notice that we will resist any such illegal attempt to reduce our numbers in parliament for purpose of the passage of the obnoxious of the levy”

 As such, he said that, the legal team of the party is studying all the processes and will come out within the week with interventions.

Read also: UCC: Office of Int’l Relations with Int’l Students Association holds maiden Study Abroad Fair and Cultural Day

Source: ATLFMNEWS

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