Former Vice President Dr. Mahamudu Bawumia has warned Ghanaians to expect higher tax burdens under John Dramani Mahama’s administration.
His warning comes days after the contentious Energy Sector Levy (Amendment) Bill was adopted by Parliament on June 3, 2025.
The recently enacted law raises petroleum product taxes by GH₵1, which is expected to bring in GH₵5.7 billion.
The energy sector’s growing debt must be addressed immediately, according to Finance Minister Dr. Cassiel Ato Forson, who also stated that the levy’s proceeds will be used especially to buy the fuel that is required for reliable power production.
He clarified that since “the current electricity tariffs paid by consumers do not include the cost of fuel used for the power generation,” this is essential to guaranteeing Ghana has a steady supply of electricity.
He added that in order to purchase fuel for the production of thermal electricity in 2025, the government will require an extra $1.2 billion.
During his thank-you visit of the Central Region, Dr. Bawumia spoke to NPP supporters and warned them to brace themselves for a strict tax regime under the Mahama administration.
“They have brought something called dumsor levy; this is eight times E-Levy. So if you buy fuel for Ghc1000, you will pay dumsor levy of Ghc83. Just prepare is there more to come,” he stated.
Source:Mybrytfmonline.com/Joseph Asare
