Kojo Oppong Nkrumah is the Member of Parliament for Ofoase Ayirebi

The Minority in Parliament has condemned the passage of the GH¢1 levy on petroleum products, describing it as an act of midnight robbery against the Ghanaians.

Addressing the media on Monday, June 9,2025, the Member of Parliament for Ofoase Ayirebi, Kojo Oppong Nkrumah, questioned the process that led to the bill’s approval.

“The E-Levy was advertised in the budget and followed up with town hall. It was neither advertised in the budget nor on the main order paper for the day. That is why we say that this amounts to midnight robbery. The E-Levy had an effective rate of 1% per transaction, yet it was described as pickpocketing. This Dumsor Levy has the effective effect of 8% per transaction, which is why we say that it is midnight robbery.

“The E-Levy was designed to yield approximately GH¢2 billion from persons who elected to do transfers or transactions. This government is taking GH¢5.6 billion from the pockets of Ghanaians, and we think it is very dishonest,” he stated.

Parliament approved the Energy Sector Levy (Amendment) Bill, 2025, introducing a GH¢1 levy on petroleum products.

It is intended to raise additional revenue to address the nation’s crippling energy sector debt and ensure stable power supply, was passed late today, Tuesday, June 3, 2025.

The Minister of Finance, Dr Cassiel Ato Forson, who laid the bill under a certificate of urgency, stated that the energy sector’s total indebtedness stands at US$3.1 billion as of March 2025.

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