{"id":16590,"date":"2026-04-15T10:58:09","date_gmt":"2026-04-15T10:58:09","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=16590"},"modified":"2026-04-15T10:58:09","modified_gmt":"2026-04-15T10:58:09","slug":"energy-minister-john-jinapor-poised-to-suspend-certain-fuel-margins-today","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=16590","title":{"rendered":"Energy Minister John Jinapor Poised to Suspend Certain Fuel Margins Today"},"content":{"rendered":"<p>Energy Minister John Jinapor is expected to announce a temporary suspension of some margins on petroleum pricing today, in what could bring relief to consumers over the next four weeks.<\/p>\n<p>This is what JOYBUSINESS has\u00a0gathered from persons with knowledge of engagements between the Finance Minister,\u00a0Cassiel Ato Forson, and the Energy Minister to review\u00a0taxes and margins in the pricing of petroleum products for the second pricing window of the month, starting April 16.<\/p>\n<p>JOYBUSINESS understands that these margins, which could be described as \u201cstatutory\u201d, are likely to reduce the price of petroleum products by up to GH\u00a21 per litre from April 16, 2026.<\/p>\n<p>Checks with Parliament earlier this week also revealed that the Finance Ministry has not submitted any request to the House to review taxes on petroleum products.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" class=\"wp-image-10033026703\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/04\/image-1239-1024x737.png\" alt=\"\" \/><\/figure>\n<p>This gives credence to earlier reports that government may not review or suspend some taxes on fuel prices today.<\/p>\n<p>It is still not clear why the expected announcement may not include tax reviews.<\/p>\n<p>However, sources say the situation could change at the last minute.<\/p>\n<p><strong>Taxes and Margins on Petroleum Price Build-Up<\/strong><\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" class=\"wp-image-10033026704\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/04\/image-1240-1024x552.png\" alt=\"\" \/><\/figure>\n<p>Based on data from the National Petroleum Authority, the following taxes, levies and margins form part of the petroleum price build-up:<\/p>\n<ol class=\"wp-block-list\" start=\"1\">\n<li>Energy Sector Shortfall and Debt Repayment Levy \u2013 to facilitate energy sector debt recovery<\/li>\n<li>Road Fund Levy \u2013 to support road maintenance<\/li>\n<li>Energy Fund \u2013 to support Energy Commission activities<\/li>\n<li>Special Petroleum Tax \u2013 introduced as part of VAT reforms<\/li>\n<li>Price Stabilisation and Recovery Levy<\/li>\n<li>Primary Distribution Margin \u2013 to offset the costs of transporting products from coastal depots to inland depots<\/li>\n<li>BOST Margin \u2013 to fund maintenance, operations and expansion of depots<\/li>\n<li>Fuel Marking Margin \u2013 to support monitoring and regulation of fuel quality<\/li>\n<li>Unified Petroleum Pricing Fund (UPPF) \u2013 to ensure price uniformity nationwide<\/li>\n<li>Distribution Compensation Margin \u2013 to support LPG distribution to northern and non-urban areas<\/li>\n<li>LPG Filling Plant Administrative Cost \u2013 to cover administrative expenses<\/li>\n<\/ol>\n<p><strong>Background<\/strong><\/p>\n<p>Government spokesperson Felix Kwakye Ofosu last week announced that Cabinet had directed the Energy and Finance Ministries to review some taxes and margins on petroleum products to cushion consumers.<\/p>\n<p>According to him, the move is intended to reduce the burden on consumers as fuel prices respond to developments in global oil markets.<\/p>\n<p>He noted that the intervention will last for four weeks and will be subject to review depending on developments in the international market.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" class=\"wp-image-10033026705\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/04\/image-1241-1024x565.png\" alt=\"\" \/><\/figure>\n<p>Meanwhile, four civil society organisations are proposing a deeper cut in fuel prices.<\/p>\n<p>In a joint recommendation issued on April 14, 2026, IMANI Africa, COPEC Ghana, INSTERPR, and the Institute for Energy Security urged government to reduce taxes, levies and margins in the petroleum price build-up.<\/p>\n<p>The groups are proposing a GH\u00a21.65 reduction per litre for two months, arguing that the relief should be deeper and longer than what government is currently considering.<\/p>\n<p>The proposal follows a directive by John Mahama, who tasked the Ministries of Energy and Finance to review the fuel price structure and propose temporary relief measures.<\/p>\n<h6><\/h6>\n<h6>Disclaimer: The content provided on Fish FM Online is for informational and entertainment purposes only. While we strive for accuracy, we do not guarantee the completeness, reliability, or timeliness of the information presented. Fish FM Online and its affiliates are not responsible for any errors or omissions, nor for any decisions made based on the content available on our platform.<\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Energy Minister John Jinapor is expected to announce a temporary suspension of some margins on petroleum pricing today, in what could bring relief to consumers over the next four weeks. This is what JOYBUSINESS has\u00a0gathered from persons with knowledge of engagements between the Finance Minister,\u00a0Cassiel Ato Forson, and the Energy Minister to review\u00a0taxes and margins [&hellip;]<\/p>\n","protected":false},"author":123457,"featured_media":16591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[3537],"tags":[1407,5234,1336],"class_list":["post-16590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy-minister","tag-fuel-margine","tag-john-jinapor"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16590"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16590\/revisions"}],"predecessor-version":[{"id":16592,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16590\/revisions\/16592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/16591"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}