The Institute for Energy Security has asked the government to stop collecting the Price Stabilisation and Recovery Levy. This is because the cost of oil worldwide is going up.
IES says this levy adds to the financial difficulties faced by people buying fuel. They want the government to remove it to help ease this burden.
The current rise in global oil prices is making fuel more expensive. This affects transportation costs and the general cost of living for many Ghanaians.
Government officials have not yet responded to the call for suspension from IES.
The Price Stabilisation and Recovery Levy is part of the taxes added to fuel prices in Ghana.
Its purpose is to help stabilise fuel prices when international market costs fluctuate.
IES believes that during periods of high global prices, the levy should not be applied.
This would provide immediate relief to consumers struggling with increased fuel costs.