Saturday, June 7, 2025
Voice FM...94.3
  • Home
    • All
    • Extra
    • Featured
    • International News
    • Local News
    • Politics
    • Voice Articles
    • Voice Business
    • Voice Entertainment
    • Voice Sports
    Suspect arrested in connection with robbery at Offinso Abofour

    Suspect arrested in connection with robbery at Offinso Abofour

    Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

    Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

    UN Global brand ambassador pledges to support decent work, economic growth for the youth

    UN Global brand ambassador pledges to support decent work, economic growth for the youth

    Ghanaians urged to brace for more rains as peak season approaches

    Ghanaians urged to brace for more rains as peak season approaches

    Three confirmed dead in Adentan flood

    Three confirmed dead in Adentan flood

    Cedi’s 16.7% surge marks major economic turnaround – Ato Forson

    Cedi’s 16.7% surge marks major economic turnaround – Ato Forson

    Trending Tags

    • Voicefm
  • Politics
  • Sports
  • Business
  • Health
  • Entertainment
  • International
    • All
    • Africa
    • Americas
    • Asia
    • Europe
    Pope Francis dead at 88, Vatican confirms

    Pope Francis dead at 88, Vatican confirms

    Boy, 10, dies after 340-pound foster mother sits on him

    Boy, 10, dies after 340-pound foster mother sits on him

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Kenyan Policeman shoots Magistrate in open court

    Kenyan Policeman shoots Magistrate in open court

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

  • Voice Xtra
    • All
    • Health
    • Religion
    • Technology
    Bono Regional Chief Imam passes on

    Bono Regional Chief Imam passes on

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Owusu-Bempah exposes Opambour’s boy

    Owusu-Bempah exposes Opambour’s boy

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    • Gospel
    • Religion
    • Health
    • Technology
    • Voice Articles
  • LIVE Radio
No Result
View All Result
Voice FM...94.3
  • Home
    • All
    • Extra
    • Featured
    • International News
    • Local News
    • Politics
    • Voice Articles
    • Voice Business
    • Voice Entertainment
    • Voice Sports
    Suspect arrested in connection with robbery at Offinso Abofour

    Suspect arrested in connection with robbery at Offinso Abofour

    Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

    Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

    UN Global brand ambassador pledges to support decent work, economic growth for the youth

    UN Global brand ambassador pledges to support decent work, economic growth for the youth

    Ghanaians urged to brace for more rains as peak season approaches

    Ghanaians urged to brace for more rains as peak season approaches

    Three confirmed dead in Adentan flood

    Three confirmed dead in Adentan flood

    Cedi’s 16.7% surge marks major economic turnaround – Ato Forson

    Cedi’s 16.7% surge marks major economic turnaround – Ato Forson

    Trending Tags

    • Voicefm
  • Politics
  • Sports
  • Business
  • Health
  • Entertainment
  • International
    • All
    • Africa
    • Americas
    • Asia
    • Europe
    Pope Francis dead at 88, Vatican confirms

    Pope Francis dead at 88, Vatican confirms

    Boy, 10, dies after 340-pound foster mother sits on him

    Boy, 10, dies after 340-pound foster mother sits on him

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Kenyan Policeman shoots Magistrate in open court

    Kenyan Policeman shoots Magistrate in open court

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

  • Voice Xtra
    • All
    • Health
    • Religion
    • Technology
    Bono Regional Chief Imam passes on

    Bono Regional Chief Imam passes on

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Owusu-Bempah exposes Opambour’s boy

    Owusu-Bempah exposes Opambour’s boy

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    • Gospel
    • Religion
    • Health
    • Technology
    • Voice Articles
  • LIVE Radio
No Result
View All Result
Voice FM...94.3
No Result
View All Result
Home General News Featured

2% reduction in SPT: Govt could have done better – Buah

Attah Dabone by Attah Dabone
February 16, 2018
in Featured, Voice Business
0
2% reduction in SPT: Govt could have done better – Buah
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Akufo-Addo-led government could have done better in the reduction of the Special Petroleum Tax, Emmanuel Kofi Armah Buah, Member of Parliament for Ellembelle and former Minister for Petroleum has said.

The government has announced a two per cent reduction in the Special Petroleum Tax. Parliament on Thursday, 15 February 2018, passed the Special Petroleum Tax Amendment Bill to reduce the tax from 15 per cent to 13 per cent.

The tax was introduced by the National Democratic Congress (NDC) government in 2016 to shore up revenues generated from fuel prices when crude oil prices were low.

However, Mr Buah believes that the current exigencies in the petroleum sector across the international market should have informed the government to reduce the tax by a wider margin.

He told Chief Jerry Forson on the Ghana Yensom show on Accra100.5FM that at the moment, petroleum prices on the international market is high, a situation that has automatically affected the domestic process.

To that end, the Special Petroleum Tax should have been reduced further than the two per cent.

“The government could have done better under the circumstance. Look at how difficult it is for taxi drivers and everyone. Petroleum prices have impact everywhere in the sector of the economy and so if you’re a government and you have the chance to reduce the prices, you’ll need to do it in such a way that it’ll bring relief to Ghanaians. This reduction is not enough at all, I don’t think that is what Ghanaians are looking for,” he said.

YOU MAY ALSO LIKE :  Akufo-Addo leaves for UN Gen. Assembly

Meanwhile, the Chamber of Petroleum Consumers Ghana (COPEC-Ghana) has also expressed similar sentiment.

Although COPEC-Ghana welcomed the two per cent reduction in the Special Petroleum Tax, it doubts this action will bring respite to Ghanaians.

Duncan Amoah, Executive Director for COPECG–Ghana said: “We were of the estimated view that the Special Petroleum Tax should have been scrapped completely but that’s why I said the gesture itself to appreciate that fuel prices are way too high, fuel prices will have to come a bit down for Ghanaians, that gesture, and the urgency with which the Finance Ministry through the honourable Kweku Kwarteng have gone to parliament to get this amendment done awaiting presidential accent is commendable.

“Unfortunately, the impact is not too significant to bring fuel prices down to the level that our pockets would have been happy accommodating. We’re still keeping an eye firmly fit on pump prices; we’ll keep an eye on the stations across the country. If in the coming days prices continue to go down for all of us as we are all hoping for, I’m quite certain we’ll all be happy in the country…government has done some bit it could do but we’ll be hoping they will go a step further to manage our fuel pricing in the country.”

YOU MAY ALSO LIKE :  Grant calls for Ghana crticism to stop

Source:Ghana/AccraFM.com

Share this:

  • Facebook
  • Twitter
Previous Post

2% reduction in petroleum products insult to Ghanaians

Next Post

Class FM’s Kwabby & Accra FM’s Andy Favoured nominated for award

Attah Dabone

Attah Dabone

Next Post
Class FM’s Kwabby & Accra FM’s Andy Favoured nominated for award

Class FM's Kwabby & Accra FM's Andy Favoured nominated for award

READ - FROM OTHER CATEGORIES

SUGGESTED - FOR YOU

  • All
  • Politics
  • Voice Business
  • Voice Entertainment
  • Health
  • Technology
Suspect arrested in connection with robbery at Offinso Abofour

Suspect arrested in connection with robbery at Offinso Abofour

May 29, 2025
Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

May 29, 2025
UN Global brand ambassador pledges to support decent work, economic growth for the youth

UN Global brand ambassador pledges to support decent work, economic growth for the youth

May 19, 2025
Ghanaians urged to brace for more rains as peak season approaches

Ghanaians urged to brace for more rains as peak season approaches

May 19, 2025
Three confirmed dead in Adentan flood

Three confirmed dead in Adentan flood

May 19, 2025

EDITOR'S PICKS

Poor Service of Delta Airlines made me miss my Detroit tour – Sarkodie

Poor Service of Delta Airlines made me miss my Detroit tour – Sarkodie

by Attah Dabone
September 11, 2023
0

Ghanaian rapper and songwriter, Sarkodie said he missed his event in Detroit due to Delta

Plot to remove IGP: Dampare to appear before committee on September 12

Plot to remove IGP: Dampare to appear before committee on September 12

by Attah Dabone
September 11, 2023
0

Chairman of the ad-hoc committee probing the leaked plot to remove IGP, Samuel Atta Akyea has

Tema Motorway bridge closes for repair works

Tema Motorway bridge closes for repair works

by Attah Dabone
September 7, 2023
0

The Tema Motorway Bridge that connects Community 18 to Borteyman will be closed to traffic from Sunday,

Wenchi: GES probes teacher for allegedly forcing pupils to swear by deity over stolen phone

Wenchi: GES probes teacher for allegedly forcing pupils to swear by deity over stolen phone

by Attah Dabone
September 7, 2023
0

The Wenchi Municipal Directorate of the Ghana Education Service (GES) in the Bono Region has

Car stolen from a driveway in Canada found in Ghana

Car stolen from a driveway in Canada found in Ghana

by Attah Dabone
September 7, 2023
0

In an astonishing turn of events, a car stolen from a Toronto driveway in Canada

Be transparent in limited voter registration exercise – Mahama tells EC

by Attah Dabone
September 6, 2023
0

Former President John Dramani Mahama has asked the Electoral Commission (EC) to be fair in

NPP flagbearer race: Ghanaians react to Alan’s withdrawal

by Attah Dabone
September 6, 2023
0

Former Trade Minister, Alan Kwadwo Kyerematen’s withdrawal from New Patriotic Party’s (NPP) presidential race has sparked reactions

VOICE NEWS - ARCHIVE

Latest News Trending

Suspect arrested in connection with robbery at Offinso Abofour

Suspect arrested in connection with robbery at Offinso Abofour

by Attah Dabone
May 29, 2025
0

Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

by Attah Dabone
May 29, 2025
0

UN Global brand ambassador pledges to support decent work, economic growth for the youth

UN Global brand ambassador pledges to support decent work, economic growth for the youth

by Attah Dabone
May 19, 2025
0

Featured News

Suspect arrested in connection with robbery at Offinso Abofour

Hannah Bissiw, Atiwa West DCE lead operation to arrest 10 illegal miners

UN Global brand ambassador pledges to support decent work, economic growth for the youth

Ghanaians urged to brace for more rains as peak season approaches

Three confirmed dead in Adentan flood

Cedi’s 16.7% surge marks major economic turnaround – Ato Forson

6-year-old boy feared drowned after heavy rainfall in Dunkwa

  • Home
  • LIVE Radio

Voice FM Online © Copyright 2016, All Rights Reserved.

No Result
View All Result
  • Home
  • LIVE Radio

Voice FM Online © Copyright 2016, All Rights Reserved.