General News of Saturday, 7 June 2025
Source: www.ghanawebbers.com
In a republic near the equator, Ghana faces economic challenges. The heat humbles egos, and even mosquitoes seek comfort. Recently, the Energy Sector Levy Amendment Bill was announced on June 3, 2025. Ato Forson, known for his bold statements, presented it with much fanfare.
The dollar has not been able to negotiate bail. It is no longer freely traded in forex bureaus. The cedi has improved from 17 to about 10 cedis per dollar. This change brings a sense of dignity to the exchange rate.
Majority Leader Mahama Ayariga explained that every Ghanaian must pay GH¢1 per litre of fuel. This payment aims to end Dumsor, which has been rebranded many times over the years. Instead of solving the crisis, we are now crowdfunding it at the pump.
This levy is not labeled as a tax; it's described as a sacred offering. Buying 10 litres means contributing GH¢10 toward national redemption. After years of mismanagement in the energy sector, more money is being asked from those already struggling.
This approach feels like a ritual donation to incompetence rather than effective policy. The proposal passed quickly through Parliament without much debate.
People are frustrated by rising fuel costs and levies. In 2022, fuel was GH¢19 with additional levies included. Now it’s said to be GH¢11 per litre with just one levy.
Some argue that paying this new levy feels similar to previous taxes like the e-levy. Others claim they see benefits in lower prices for goods like rice.
Meanwhile, people are calculating their savings versus losses due to these changes. They wonder if they are being patriotic or simply surviving.
The cedi's improvement is noted but may not last long against inflation pressures. Parliament seems focused on collecting levies rather than fostering development.
The moral here? When resources are shared unequally, everyone suffers—especially those at ECG who benefit without accountability.
In Ghana, blessed with natural resources, we still face high fuel costs just to keep our lights on. Only time will reveal if this strategy works or leads us further astray.