{"id":697786,"date":"2019-09-03T13:00:26","date_gmt":"2019-09-03T13:00:26","guid":{"rendered":" <br><div data-io-article-url=\"https:\/\/www.adomonline.com\/ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies\/\">\n            <div class=\"td-post-featured-image\"><figure><img width=\"696\" height=\"524\" class=\"entry-thumb td-modal-image\" src=\"http"},"modified":"2019-09-03T13:00:26","modified_gmt":"2019-09-03T13:00:26","slug":"ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/09\/03\/ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies\/","title":{"rendered":"NDC demands &#8216;immediate&#8217; reversal of hikes in energy sector levies"},"content":{"rendered":"<p><\/p>\n<div data-io-article-url=\"https:\/\/www.adomonline.com\/ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies\/\">\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"524\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/09\/National-Communication-Officer-of-the-National-Democratic-Congress-NDC-Sammy-Gyamfi_6_2-696x524.jpg\"   alt=\"\" title=\"National Communication Officer of the National Democratic Congress (NDC), Sammy Gyamfi_6_2\"\/><figcaption class=\"wp-caption-text\">National Communication Officer of the National Democratic Congress (NDC), Sammy Gyamfi<\/figcaption><\/figure>\n<\/div>\n<p>The National Democratic Congress (NDC) is demanding an immediate withdrawal of new increments in the Energy Sector Levies that have seen fuel prices go up.<\/p>\n<p>The opposition party says the citizenry is\u00a0already experiencing  \u201cexcruciating hardships\u201d therefore, increasing fuel prices will amount to insensitivity on the part of the government.<\/p>\n<p>Prices of various petroleum products have started going up from Monday after the Oil Marketing Companies (OMCs) were directed by the National  Petroleum Authority (NPA), to start applying revised Energy Sector Levies.<\/p>\n<p>The NPA\u2019s directive is as announced in the Supplementary Budget presented by the Finance Minister, Ken Ofori-Attah.<\/p>\n<p>Based on the revision, petrol would witness a \u00a20.20 adjustment, while Diesel would also attract \u00a20.20 jump in price per litre.<\/p>\n<p>The increase is as a result of the Road Fund Levy, Energy Debt Recovery Levy, as well as a revision of the Price Stabilisation and Recovery Levy which was increased up 20 per cent.<\/p>\n<p>However, the opposition party in a statement issued Tuesday, September 3, by  Communications Officer, Sammy Gyanfi, said the increments are without basis.<\/p>\n<p>\u201c\u2026it  is worth noting that the Akufo-Addo government has realized more revenue from the petroleum sector than any other government in Ghana\u2019s history. In terms of oil revenue alone, this government in 2017 and 2018  accrued GHS2.3 billion and GHS4.5 billion respectively, with a  projected GHS6 billion for 2019, all as a result of the huge investments made by the erstwhile Mahama\/NDC administration in the oil and gas sector. <\/p>\n<p>\u201cObviously,  with this amount of revenue coming from oil production alone, and given the reckless mismanagement of ESLA proceeds by the Akufo-Addo government, there is absolutely no justification for any increase in  Energy Sector Levies,\u201d the statement added.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>National Communication Officer of the National Democratic Congress (NDC), Sammy Gyamfi The National Democratic Congress (NDC) is demanding an immediate withdrawal of new increments in the Energy Sector Levies that have seen fuel prices go up. The opposition party says the citizenry is\u00a0already experiencing \u201cexcruciating hardships\u201d therefore, increasing fuel prices will amount to insensitivity on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":697787,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-697786","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NDC demands &#039;immediate&#039; reversal of hikes in energy sector levies - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/09\/03\/ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NDC demands &#039;immediate&#039; reversal of hikes in energy sector levies - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"National Communication Officer of the National Democratic Congress (NDC), Sammy Gyamfi The National Democratic Congress (NDC) is demanding an immediate withdrawal of new increments in the Energy Sector Levies that have seen fuel prices go up. The opposition party says the citizenry is\u00a0already experiencing \u201cexcruciating hardships\u201d therefore, increasing fuel prices will amount to insensitivity on [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/09\/National-Communication-Officer-of-the-National-Democratic-Congress-NDC-Sammy-Gyamfi_6_2.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/09\\\/03\\\/ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/09\\\/03\\\/ndc-demands-immediate-reversal-of-hikes-in-energy-sector-levies\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"headline\":\"NDC demands &#8216;immediate&#8217; 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