Duncan Amoah, Executive Secretary of the Chamber of Petroleum Consumers (COPEC), has stated that the second fuel pricing window, which begins on Monday, March 16, may spark conversations concerning the abolition of some fuel taxes at the pump.
Speaking on Channel One Newsroom on Sunday, March 15, 2026, Mr. Amoah stated that the government is actively monitoring developments and may consider lowering or eliminating certain fuel taxes to relieve pressure on oil marketing corporations.
“I am aware that the government was in some conversation with some petroleum service providers. The threshold has been GHȼ15. So, if we wake up tomorrow and the OMCs are doing 15 and beyond, be assured that the conversation about the taxes will kick in, particularly the GHȼ1 fuel levy,” he said.
His remarks come as tensions in the Middle East continue to affect global fuel supply chains, contributing to increased crude oil prices on the international market.
Market experts have warned that rising global oil prices and probable supply bottlenecks might drive up domestic fuel prices, potentially impacting transit fares and household budgets across the country.
Source: newsthemegh.com