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Government urged to remove taxes and levies on LPG

  • SOURCE: myjoyonline.com | qwesa2big
    • POSTED ON: March 2, 2023
    • CATEGORY:

    The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has renewed calls for the government to remove taxes and levies on LPG, which currently stand at about 13%.

    The Association also
    called on government to redirect the dollar auction policy toward the
    importation and pricing of LPG in the country.

    These actions, according
    to the LPG Marketers Association of Ghana, when implemented, will achieve the
    desired price reduction impacts.

    The Association made this
    demand in a release issued on March 1 and signed by its Chairman, Mallam
    Bukari.

    According to the group,
    the price per kilogramme of LPG in Ghana has risen to GH₵16.00, a burden to the
    many households and businesses that depend on LPG for cooking and other uses.

    The LPG Marketers
    Association of Ghana believes “that the government can do more to alleviate
    this burden by removing taxes on LPG and redirecting its dollar auction policy
    towards LPG imports and pricing.”

    Furthermore, the
    Association called on the government to include the LPG industry in the Gold
    for Oil deal to further support the growth and development of the industry.

    “We remain committed to
    working with the government to find lasting solutions to the challenges facing
    the LPG industry in Ghana,” said Gabriel Kumi, Vice President of the LPG
    Marketers Association of Ghana.

    “We are hopeful that the
    government will consider our calls to remove taxes on LPG and redirect its
    dollar auction policy towards LPG imports and pricing to improve the lives of
    Ghanaians,” he added.

    The LPG Marketers
    Association of Ghana believes that the inclusion of the LPG industry in the
    Gold for Oil deal and the removal of taxes on LPG will result in a significant
    price reduction of LPG, thereby making it more affordable to Ghanaians.

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