Brace for more taxes under Mahama – Bawumia warns Ghanaians

Former Vice President Dr. Mahamudu Bawumia has sounded an alarm to Ghanaians, warning them to prepare for additional tax burdens under John Dramani Mahama’s administration.

His caution comes just days after Parliament approved the controversial Energy Sector Levy (Amendment) Bill on June 3, 2025.

The newly passed legislation introduces a GH?1 increase in petroleum product levies, projected to generate GH?5.7 billion in revenue.

According to Finance Minister, Dr. Cassiel Ato Forson, these funds are urgently needed to address the mounting debt in the energy sector, adding the proceeds from the levy will be specifically earmarked for the procurement of essential fuel necessary for consistent power generation.

This, he explained, is fundamental to ensuring Ghana enjoys a stable electricity supply, given that “the current electricity tariffs paid by consumers do not include the cost of fuel used for the power generation.”

He further stated that the government needs an additional $1.2 billion to procure fuel for thermal power generation for the year 2025.

Addressing NPP supporters during his thank-you tour of the Central Region, Dr. Bawumia issued a stark warning, urging them to prepare for a harsh tax regime under the Mahama administration.

“They have brought something called dumsor levy; this is eight times E-Levy. So if you buy fuel for Ghc1000, you will pay dumsor levy of Ghc83. Just prepare is there more to come,” he stated.