An energy expert, Sampson Addai, has stated that removing taxes and levies on fuel in Ghana could help reduce inflation but may also affect the stability of the energy sector.
Speaking on ICAD TV’s morning show with Nana Nhyiraba Kwabena Asrifi, Mr. Addai explained that while the removal of fuel taxes would reduce government revenue, it could be necessary due to the current high cost of fuel in the country.
He noted that rising fuel prices increase production costs across industries, which eventually leads to higher prices of goods and services, contributing to inflation.
According to him, if fuel prices are reduced, transportation costs—especially for diesel-powered trucks and petrol vehicles—would go down, and factories and industries would also benefit from lower production expenses, helping to ease the cost of living.
Mr. Addai also referenced crude oil pricing, suggesting that higher selling prices per barrel could generate more revenue for Ghana, some of which could be reinvested into strengthening the energy sector.
The discussion also touched on power supply challenges, with concerns raised about frequent outages.
Mr. Addai attributed some of these issues to localized faults and encouraged proper reporting for resolution, although the host insisted that repeated complaints had not been addressed.
Overall, he emphasized that while fuel tax removal may have revenue implications, it could help reduce inflation and bring relief to consumers if properly managed.
FUEL TAX REMOVAL COULD EASE INFLATION BUT AFFECT ENERGY SECTOR – ENERGY EXPERT - SAMPSON ADDAI
Category: Politics | Published: Apr 20, 2026