The Association of Ghana Industries (AGI) has urged the government to immediately scrap the GH¢1 fuel levy due to its growing impact on operational costs following recent fuel price hikes linked to global tensions.
AGI President Kofi Nsiah-Poku, alongside former President Dr Humphrey Ayim-Darke, cautioned during a meeting with the Minority Caucus that businesses may be forced to pass on the increased costs to consumers if the levy remains in effect, warning of potential repercussions on the industry.
He stated that “It is important at this point that we start talking about the removal of the GH¢1 to bring our cost of operations down.” At that point we could absorb because we had to balance it with the appreciation of the Cedi, but if nothing is done about it now, then we will also begin to look at our operational cost to start increasing prices, which we do not want to touch.”
The Deputy Minority Leader, Patricia Appiagyei, on her part, announced that the caucus will establish a dedicated working group to harmonise concerns and proposals raised during the engagement with the AGI.
She noted that this forms part of efforts to consolidate industry feedback into actionable recommendations that will help shape the policy direction of the New Patriotic Party (NPP).
“That working group will be working outside the camera and coming up with solutions. To us as a ready governance group, we will ensure that the mistakes that we committed, we will challenge ourselves to amend all those mistakes, come on board with you and ensure that we will come back to power and begin to work well with you,” she said.
