The government has announced a temporary intervention to cushion consumers against rising petroleum prices, with effect from April 16, 2026, the next pricing window.
Under the measure, the state will absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol. The move is aimed at reducing the financial pressure on households, transport operators, and businesses grappling with increasing fuel costs.
The decision, approved by Cabinet, follows a sustained rise in global petroleum prices, which has driven up ex-pump prices in Ghana in recent weeks.
In a statement issued on Wednesday, the Minister of State in charge of Government Communications and Presidential Spokesperson, Felix Kwakye Ofosu, indicated that the intervention will be in place for an initial period of one month.
He explained that during this period, authorities will continue to monitor developments on the international oil market and review the situation to determine whether further measures may be required.
The government says the step forms part of efforts to stabilise prices, safeguard livelihoods, and support the country’s broader economic recovery amid ongoing external pressures.
Richard Aniagyei, ISD
