The Institute for Energy Security has asked the government to stop collecting the fuel stabilisation levy. This is because the price of oil is increasing globally.
The institute believes this levy adds to the cost of fuel for everyday people. They want the government to suspend it to provide some relief.
This call comes as global oil prices continue to rise. The rising prices impact the cost of petrol and diesel at the pumps.
The Price Stabilisation and Recovery Levy is meant to help manage fuel price volatility. However, the IES argues it is now causing hardship.
The institute stated that suspending the levy is necessary to lessen the financial burden on consumers.
Ghanaian consumers have been facing increasing fuel costs. This situation has led to worries about the overall cost of living.