ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

GH¢1 fuel levy necessary to avert 50% rise in electricity tariffs – Nii Lante Vanderpuye

Thu, Jun 5 2025 1:25 PM
in Ghana General News
ghc2a21 fuel levy necessary to avert 50 rise in electricity tariffs nii lante vanderpuye
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT
Nii Lantey Vanderpuye

The National Coordinator of the District Road Improvement Programme (DRIP), Nii Lantey Vanderpuye, has appealed to Ghanaians to support the newly introduced GH¢1 fuel levy, cautioning that failure to implement the measure could result in a drastic 50% hike in electricity tariffs.

He made these remarks on Thursday, June 5, during an interview on Channel One TV, where he described the levy as a strategic intervention to safeguard the country’s energy stability.

According to Mr Vanderpuye, the fuel levy is a proactive step by the government to avoid passing the full financial burden of the energy crisis onto consumers through higher electricity bills.

“This levy is meant to resolve a problem we have created ourselves. Realistically, if we do not act now, we are looking at paying 50% more for electricity. It’s a matter of choosing between contributing one cedi now or bearing a far greater cost later,” he stated.

The GH¢1 charge, introduced under the Energy Sector Levy (Amendment) Bill, 2025, was approved by Parliament on June 3. It imposes a GH¢1-per-litre levy on petroleum products, with the government aiming to mobilise approximately GH¢5.7 billion.

The funds are intended to help clear ballooning debts in the energy sector and ensure the continued purchase of fuel for the country’s thermal power generation.

ReadAbout

Fuel Levy: What crime have Ghanaians committed? – Dr Amin Adam questions gov’t

Employee fraud is everywhere, be intentional about stopping it – Expert counsels

Employee fraud is everywhere, be intentional about stopping it – Expert counsels

Finance Minister Dr Cassiel Ato Forson disclosed that the energy sector currently faces a staggering $3.1 billion debt, with a further $3.7 billion needed to settle outstanding obligations.

Additionally, an estimated $1.2 billion will be required to procure fuel for the 2025 financial year. These figures underscore the urgency of the government’s fundraising efforts.

Mr Vanderpuye insisted that the intention behind the fuel levy is not to unduly burden citizens but to stave off a possible return of erratic power supply—commonly known in Ghana as dumsor.

“It is either tariffs or taxes. We believe introducing this tax is the better option to ensure stable electricity without increasing tariffs,” he concluded, urging Ghanaians to consider the broader benefits of energy security.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Fuel Levy: What crime have Ghanaians committed? – Dr Amin Adam questions gov’t

Fuel Levy: What crime have Ghanaians committed? – Dr Amin Adam questions gov’t

0
Postecoglou sacked by Spurs after Europa League win

Postecoglou sacked by Spurs after Europa League win

0

Employee fraud is everywhere, be intentional about stopping it – Expert counsels

Employee fraud is everywhere, be intentional about stopping it – Expert counsels

We have a very good chance of making it to the World Cup – Jordan Ayew

Innovation Hubs as Engines of Sustainability: Charting Ghana’s path with lessons from the Hamburg Sustainability Conference 2025

UHAS makes history with publication of landmark study in Nature Human Behaviour

Asante Gold Corporation commended for community development projects in W/N region

World Environment Day: Stakeholders urge collaborative effort for sustainable ecosystem restoration

Photos: Thousands of Muslims observe Eid al-Adha 2025 at Independence Square

  • Ghana and Japan agree to pursue UN Security Council reforms

    Ghana and Japan agree to pursue UN Security Council reforms

    0 shares
    Share 0 Tweet 0
  • Beneath the Surface of the National Service Scheme (NSS)

    0 shares
    Share 0 Tweet 0
  • The Boob Movement founder, Abby Zeus poses completely nude in bed (18+photo)

    0 shares
    Share 0 Tweet 0
  • Tiwonisam Dogs World Hosts 2nd Edition of Nala Memorial Lecture in Accra

    0 shares
    Share 0 Tweet 0
  • Steve Harvey’s Jaw-Dropping Revelation: Abandon Preconceptions and Embark on an African Adventure!

    65073 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

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
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.