Parliament last Friday passed the Energy Sector Levies (Amendment) Bill, 2026, to amend the Energy Sector Levies Act, 2025 to increase the Energy Sector Shortfall and Debt Repayment Levy and the Road Fund Levy on fuel oil. The new bill also seeks to address significant leakages and abuses within the government’s fuel subsidy programme, particularly those intended to support industry by removing the price differential between fuel oil and other diesel products. It was passed following the adoption of Parliament’s Finance Committee and third reading, after a heated debate between the Majority and the Minority, who strongly rejected it. During the debate, the Minority Caucus described the bill as the introduction of new taxes by the government, a claim which was dismissed by the Majority. Mr Speaker, what the government is seeking to do is to convert the subsidy from an-ex anti subsidy to ex-post subsidy,” Dr Forson said.