The government has announced a temporary intervention to cushion Ghanaians from rising fuel prices, revealing plans to absorb part of the cost of diesel and petrol beginning April 16, 2026.
In a press release issued by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications, the government stated that it will absorb GHC2.00 per litre on diesel and GHC0.36 per litre on petrol during the next pricing window.
According to the statement, the move is aimed at easing the financial pressure on citizens and businesses amid increasing global petroleum prices.
“This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses,” the statement noted.
The release explained that the decision, approved by Cabinet, comes in response to sustained increases in international oil prices, which have significantly driven up ex-pump fuel prices in Ghana.
The government emphasised that the measure is temporary and will remain in place for one month, during which authorities will continue to monitor global market trends and determine whether further action is needed.
“Government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments,” the statement added.
Reassuring the public, the government reiterated its commitment to stabilising prices and protecting livelihoods as the country navigates external economic pressures.
“Government remains committed to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.”
