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President John Dramani Mahama has directed the National Petroleum Authority (NPA) to absorb GH¢2 on every litre of diesel to help cushion consumers against recent increases in fuel prices.

The intervention, which takes effect from Tuesday, August 4, 2026, is aimed at easing the financial burden on Ghanaians, particularly commercial transport operators and businesses that rely heavily on diesel for their operations.

The directive follows recent upward adjustments in pump prices by oil marketing companies, driven by rising global crude oil prices and fluctuations in the international refined petroleum market. The increase in diesel prices has raised concerns over higher transport fares, food costs and inflation.

Government says it will continue to monitor developments in the global energy market and implement additional measures where necessary to protect consumers and support the country’s economic recovery.