04
Sep
Actual Energy Sector Levies collected from January 2022 to December 2022 totalled ¢6.703 billion, the 2022 Annual Energy Sector Levy Act (ESLA) Report has revealed. The actual collection was below target by ¢578.40 million or 7.9%, mainly on account of low consumption of petroleum products and unrealised power sales. The 2022 collections, however, recorded an increase of ¢409.43 million (6.5%) above the 2021 collections of ¢6.293 billion due to an increase in the volume of petroleum products lifted compared to the 2021 volumes. Similarly, total lodgement into the established and other accounts under the ESLA amounted to ¢6.429 billion, out…