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Business & Analysis

Fuel levies to be suspended soon – Energy Ministry

By : cd on 08 Oct 2021, 10:42     |     Source: myjoyonline

Mathew Opoku Prempeh

The Energy Ministry says it is planning to suspend levies on fuel products.

According to the sector Minister, Dr Matthew Opoku Prempeh, his outfit is working with the Ministry of Finance to ensure implementation of this decision.

The Minister said this when he received a delegation from the Ghana Energy Awards (GEA).

This comes amid concerns from a cross-section of the public about the impact of rising fuel cost on their pockets.

Last week, an Institute for Energy Security projection indicated that the diesel price is expected to go up marginally from the beginning of October 2021.

The Energy Ministry says it is planning to suspend levies on fuel products.

According to the sector Minister, Dr Matthew Opoku Prempeh, his outfit is working with the Ministry of Finance to ensure implementation of this decision.

The Minister said this when he received a delegation from the Ghana Energy Awards (GEA).

This comes amid concerns from a cross-section of the public about the impact of rising fuel cost on their pockets.

Last week, an Institute for Energy Security projection indicated that the diesel price is expected to go up marginally from the beginning of October 2021.

The GEA delegation comprised Kwame Jantuah, an energy consultant, who is Chairman of the GEA Awarding Panel, Prof. Felix Asante, Pro-Vice-Chancellor in charge of Research, Innovation and Development, University of Ghana; Dr Lawrence Tetteh, economist and renowned evangelist, who are panel members; Henry Teinor, Chief Executive of the Energy Media Group, the event director; Nicholas Frimpong-Manso, MD of GP Business Consulting, co-Organiser of the event, and Patricia Danful and Cornelius Atiase from the Awards Secretariat.