Ghana’s Parliament Proposes Revolutionary 10-Pesewa Fuel Levy to Transform Petroleum Hub Project
In a dramatic parliamentary session on Friday, June 13, Energy Committee Chairman Emmanuel Bedzrah unveiled a groundbreaking proposal that could reshape Ghana’s energy future. The Ho West MP called for an unprecedented 10-pesewa deduction per litre of fuel to be allocated directly to the Petroleum Hub Development Corporation (PHDC), marking a potential turning point for the struggling flagship project.
Speaking passionately on the floor of Parliament, Bedzrah emphasized that this dedicated funding mechanism would serve three critical purposes: sustaining PHDC’s operations without interruption, ensuring fair compensation for project-affected communities, and building a skilled Ghanaian workforce ready for international investors.
The proposal comes as the ambitious Petroleum Hub Project faces mounting challenges, including significant funding gaps and land acquisition delays. This strategic move is being hailed as a potential game-changer that could re-energize the transformative initiative aimed at positioning Ghana as West Africa’s leading petroleum and petrochemical hub.
Source: citinewsroom.com