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Government to absorb part of fuel prices for one month

COPEC and GPRTU demand timelines and transparency on new GH¢1 fuel levy
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The Government of Ghana has announced temporary measures to cushion consumers against rising fuel prices, amid ongoing volatility on the global petroleum market.

In a statement issued by Felix Kwakye Ofosu, government said it will absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol, effective April 16, 2026, which marks the next fuel pricing window.

The intervention, approved by Cabinet, is aimed at easing the financial burden on households, transport operators, and businesses following recent increases in ex-pump fuel prices driven by global market trends.

According to the statement, the measure will remain in place for a period of one month. During this time, government will continue to monitor developments on the international oil market and determine whether further adjustments will be necessary.

Government reaffirmed its commitment to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.

The move is expected to bring some relief to consumers and key sectors heavily impacted by rising fuel costs.

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