The Energy Sector fee (Amendment) Bill, 2025, which imposes a GH¢1 fee on petroleum products, has been approved by Parliament.
The contentious bill was approved late today, Tuesday, June 3, 2025, with the goal of generating more money to pay off the country's chronic energy sector debt and guarantee a steady supply of electricity.
The overall debt of the energy sector as of March 2025 is US$3.1 billion, according to Finance Minister Dr Cassiel Ato Forson, who laid the measure under a certificate of urgency.
He added that in order to pay off this debt in full, at least US$3.7 billion will be needed, and an extra US$1.2 billion will be needed to buy the fuel that thermal power plants need to run throughout 2025.
