The government has announced temporary measures to absorb GH¢ 2.00 per litre on diesel and GH¢ 0.36 per litre on petrol to cushion consumers against the effects of rising petroleum prices effective Thursday, April 16, 2026, following the increase in global oil prices.
In a statement issued, the Spokesperson to the President, Felix Kwakye Ofosu, revealed that it will absorb part of the cost of fuel prices designed to was the financial burden on Ghanaians.
“This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses,” the statement noted.
According to the statement, the decision approved by Cabinet comes in response to factors that have significantly driven up ex-pump prices in Ghana.
It added that “this temporary intervention will remain in force for a period of one (1) month.”
During this time, the government says it will continue to monitor developments on the global oil market and evaluate the need for further policy adjustments.
Government reaffirmed its commitment to maintain price stability, protecting livelihoods, and support Ghana’s economic recovery.
Source: Ernest Kelvin Okanta
