The government has extended its petroleum price intervention to shield consumers from volatile global fuel costs, specifically targeting diesel prices for the coming windows.
Government has announced a continuation of its intervention in petroleum pricing to help cushion consumers from rising fuel costs.. The decision follows a Cabinet meeting chaired by President John Dramani Mahama, during which developments on the international petroleum market were reviewed.. According to a statement signed by Richmond Rockson, Spokesperson and Head of Communication, government had earlier introduced a temporary intervention effective April 16, 2026, by absorbing GHS2.00 per litre on diesel and GHS0.36 per
litre on petrol.. The initial intervention was expected to end on May 15, 2026, and was introduced to reduce the impact of rising global fuel prices linked to geopolitical tensions.. Following the latest review, government has decided to continue intervening in diesel pricing by absorbing GHS1.07 per litre effective May 16, 2026.. The statement said the measure is intended to ensure the sustainable distribution of petroleum products across the country while continuing to provide relief
to consumers.. Government indicated that the latest intervention is expected to remain in place for two pricing windows, subject to further review.
fuel price intervention, diesel pricing, petroleum market, consumer relief, energy costs, Ghana economy