The Abossey Okai Spare Parts Dealers Association on Dec. 1, 2025 dismisses claims by Minority Leader Alexander Afenyo-Markin that its members are disappointed in President John Dramani Mahama over the government’s decision not to abolish import taxes on spare parts in the 2026 Budget.
In a statement issued Monday, the Association describes the comment made on the floor of Parliament on November 25, 2025, as “inaccurate and misleading.”
The Association explains that while the removal of import duties on spare parts has not yet taken place, its members are not displeased with the President. However they note that several recent government policy decisions have brought relief to traders within the spare parts industry.
The statement highlights measures such as the appreciation of the Ghanaian cedi, the removal of COVID-19 taxes, the abolishment of the decoupling of the NHIL and GETFund levies, and the increase in the VAT threshold to GH¢750,000. These, the Association says, ease operational pressures on spare parts dealers.
“These developments create the conditions for a more uniform VAT regime in the spare parts market and collectively reduce the operational burden on traders,” the statement notes.
The Association further stresses that claims circulating in the media suggesting dissatisfaction among its members do not reflect its official position.
The leadership reaffirms its commitment to working with government to explore additional ways of making spare parts more affordable for the transport sector and the general public.
The statement is signed by the Chairman, Mr. Henry Okyere, and the executive members of the Association.
Source: Gilbert/myrepubliconline.com
