Parliament's Economy and Development Committee Ranking Member Kojo Oppong Nkrumah condemned government implementation of the dumsor levy. The Energy Sector Levy Amendment Act 2025 establishes a GHS1 tax per litre of fuel effective Wednesday, July 16. Officials project the measure will generate GHS5.7 billion annually for energy sector debt settlement and power generation fuel procurement. The Ofoase Ayirebi representative argued the new tax prevents Ghanaians from benefiting from recent cedi strengthening. Oppong Nkrumah told parliamentary journalists that timing denies citizens deserved economic relief.
The lawmaker predicted severe repercussions for living expenses and fuel costs despite government assurances otherwise. He warned about widespread economic impacts affecting transportation, agriculture, and food pricing. Oppong Nkrumah emphasized that fuel levies create complete cascading effects throughout the economy. Farmers purchasing fuel for tractors and agricultural machinery will face increased operational costs. The parliamentarian projected that food prices and general price levels will rise by the introduced 8 percent rate.
The lawmaker predicted severe repercussions for living expenses and fuel costs despite government assurances otherwise. He warned about widespread economic impacts affecting transportation, agriculture, and food pricing. Oppong Nkrumah emphasized that fuel levies create complete cascading effects throughout the economy. Farmers purchasing fuel for tractors and agricultural machinery will face increased operational costs. The parliamentarian projected that food prices and general price levels will rise by the introduced 8 percent rate.
