The Association of Ghana Industries (AGI) has called for the immediate cancellation of the one-cedi fuel levy.
According to the association, the levy is having a growing impact on operational costs following recent fuel hikes linked to the global tensions in the Middle East.
Speaking during a meeting with the Minority Caucus, AGI president Humphrey Ayim-Darke warned that businesses may be compelled to pass on the increased cost to consumers if the levy remains
“The fuel price had gone up for more than 20 per cent. Diesel is about 16, 17. So, it is important that at this point, we start talking about the removal of the one-cedi to bring our costs of operations down. At that point, we could absorb because we had to balance it with the appreciation of the cedi…,” he said.
Ayim-Darke continued that the Association may be compelled to pass on the additional cost to consumers if the government fails to remove the levy.
“If nothing is done about it now, then we will also begin to look at our operational costs to start increasing prices, which we do not want to touch. We do not want a situation where the impact of the cedi will now be balanced by fuel prices, and therefore, we come back to the one-cedi,” he threatened.
The government introduced a GH¢1 per litre levy on petrol and diesel in July 16, 2025, to address a $3 billion energy sector debt and stabilize power supply.
The Energy Sector Levy (Amendment) Act 1141, which subsequently passed to generate GH¢5.7 billion annually.
