The Chief Executive Officer of the National Petroleum Authority, Godwin Edudzi Tamaklo, has indicated that rising fuel prices in Ghana could prompt high-level government intervention if the situation persists.
Speaking in a recent interview, Mr Tamaklo said authorities are currently monitoring market trends but warned that prolonged increases could escalate discussions to the ministerial or presidential level.
He noted that while no immediate action has been announced, there is a threshold, particularly if global crude oil prices exceed $120 per barrel that could trigger firmer decisions.
Mr Tamaklo also revealed that President John Dramani Mahama is closely following developments and is concerned about the impact of rising fuel costs on consumers. He suggested that the government may consider measures to cushion the effect on households and businesses if necessary.
The comments come amid growing concerns over fuel price volatility and its potential to strain the economy, with officials signalling readiness to act should global pressures intensify.