Business News of Tuesday, 28 July 2026

Source: www.ghanaweb.com

Sukparu rejects calls to suspend GH¢1 Energy Sector Levy

Adams Sukparu is the Deputy Minister for Communication, Technology and Innovation Adams Sukparu is the Deputy Minister for Communication, Technology and Innovation

The Deputy Minister for Communication, Technology and Innovation, Mohammed Adams Sukparu, has rejected calls to suspend the GH¢1 Energy Sector Levy, insisting that the levy remains essential to maintaining stability in Ghana’s power sector.

His comments follow an appeal by the Chamber of Oil Marketing Companies (COMAC) for the government to temporarily suspend the levy to help cushion consumers against rising fuel prices.

Speaking in an interview on Channel One TV on Tuesday, July 28, 2026, Sukparu acknowledged that the appeal was justified but maintained that scrapping the levy could have serious implications for the country’s energy sector.

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“The call is in the right direction because if you look at where fuel prices are today, I think it is a good call for government to step in. But we should also bear in mind that we must have a stable power sector,” he said.

According to him, the GH¢1 levy was introduced to enable the government to settle outstanding debts owed to Independent Power Producers (IPPs), whose unpaid invoices had previously posed a threat to the country’s electricity supply.

He explained that although the levy has been in place for about a year, the energy sector debt has not yet been fully cleared.

However, he noted that the revenue generated has significantly strengthened the government’s ability to meet its obligations, contributing to the relative stability currently being experienced in electricity supply.

Sukparu further argued that suspending the levy could reverse the gains made in the power sector by affecting the government’s capacity to honour its payment obligations to electricity producers.

“I am against suspending the one cedi levy, but there are other levies on petroleum products that can be looked at. We can go back to the drawing board and identify other margins or levies that can be adjusted to cushion consumers without affecting power stability,” he stated.

ANAS/MA

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