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Government to Absorb GH¢2.00 per Litre on Diesel and GH¢0.36 on Petrol to Cushion Fuel Price Hikes

The Government of Ghana has announced a set of temporary measures aimed at easing the burden of rising fuel prices on Ghanaians, following sharp increases on the international petroleum market.

In a statement issued on Wednesday, April 15, 2026, and signed by Presidential Spokesperson and Minister for Government Communications, Felix Kwakye Ofosu, the Government revealed that it will absorb part of the cost of petroleum products beginning April 16, 2026.

Under the intervention, the Government will cover GH¢2.00 per litre of diesel and GH¢0.36 per litre of petrol.

The move is expected to provide immediate relief to households, transport operators, and businesses grappling with the rising cost of living.

The decision, approved by Cabinet, comes in response to sustained volatility in global oil prices, which has significantly driven up ex-pump prices across the country.

Officials say the measure is designed as a short-term buffer while authorities monitor developments on the international market.

According to the statement, the intervention will remain in place for one month. During this period, Government will continue to assess global trends and determine whether further policy adjustments will be necessary.

Authorities emphasize that the move forms part of broader efforts to maintain price stability, safeguard livelihoods, and support Ghana’s ongoing economic recovery in the face of external shocks.

While temporary, the policy signals Government’s intent to actively shield citizens from global economic pressures, particularly in critical sectors such as transport and commerce, where fuel costs have a direct and immediate impact.

Fuel Prices Intervention

Story by: Emmanuel Romeo Tetteh (#RomeoWrites✍️) / Ahotoronline.com | Ghana🇬🇭

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