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Mahama will scrap GH¢100 yearly emission tax introduced by Akufo-Addo – Asuogyaman MP

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The Member of Parliament for Asuogyaman, Thomas Ampem Nyarko, has claimed that the future NDC government, led by President John Mahama, will repeal the GH100 annual emission tax implemented by the present Akufo-Addo and Bawumia administration.

He stated that the opposition caucus sought to obstruct the tax’s passage, but the majority exploited their numerical advantage to pass it.

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Speaking to commercial motorcyclists known as Okada in the Asuogyaman Constituency’s Fintey, Osiabura, and Asikuma enclaves after providing free fuel as part of the Christmas celebrations, Thomas Nyarko described the tax as insensitive and obnoxious, assuring President Mahama and the NDC will abolish the GH100 tax imposed on petrol and diesel engines, including motorbikes.

The MP also discussed the expected good impact on living standards from the next NDC government’s adoption of a 24-hour economy, which is planned to begin in 2025.

The recently enacted Emissions Levy Bill, which levies a GHC100 yearly levy on petrol and diesel vehicle owners beginning in January 2024, intends to encourage green energy and offset carbon emissions.

The Minority in Parliament opposed the tax, calling it a ‘wusie tax’ that would exacerbate residents’ economic difficulties.

While the government promotes climate-friendly initiatives, the decision has raised arguments about how it would affect various sectors, including commercial vehicles, private automobiles, ambulances, ‘okadas,’ and ‘aboboyaas.’

Companies will also be obliged to pay GH100 per tonne of carbon dioxide emissions if the measure wins presidential approval.

The tax effort is consistent with the government’s decision to provide a zero-VAT rate on imported electric cars in the 2024 budget.

Finance Minister Ofori-Atta earlier stated that the Environmental Excise Duty will be expanded to include plastic packaging, industrial pollutants, and automobile emissions, demonstrating a holistic approach to environmental stewardship.

 

 

 

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