The Minister for Energy and Green Transition, Hon. Dr. John Abdulai Jinapor, on Friday met with the Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, to discuss the specific petroleum levies and margins to be affected by the President’s recent directive.
The engagement also brought together key officials, including the Deputy Minister for Energy and Green Transition, Hon. Richard Gyan-Mensah, Chief Director of the Ministry, Mr. Solomon Adjetey Sowah, Chief Executive of the National Petroleum Authority, Mr. Godwin Edudzi Tameklo, and Managing Director of BOSTEnergies,Mr. Afetsi Awoonor.
The temporary suspension is scheduled to take effect on April 16, aligning with the second pricing window for the month.
While no official list has been confirmed, the Special Petroleum Tax and the BOST margin are widely believed to be under consideration for suspension.
However, the Energy Sector Shortfall and Debt Recovery Levy, which adds GH¢1 to fuel prices, is expected to remain in place due to its role in supporting fuel supply for thermal power generation. Authorities may instead consider adjusting the levy rather than removing it entirely.
In a Facebook post, Hon. Dr. John Abdulai Jinapor indicated that the move reflects government’s commitment to easing the financial burden on citizens while maintaining stability within the energy sector.