The Government has announced a continuation of its intervention in petroleum pricing, maintaining a relief measure aimed at cushioning consumers against rising fuel costs at the pumps.
According to a press release from the Ministry of Energy and Green Transition, the decision follows a cabinet meeting chaired by President John Dramani Mahama, which reviewed developments on the international petroleum market and the impact of global price fluctuations driven by geopolitical tensions.
The government had earlier introduced a temporary intervention effective 16 April 2026, absorbing GHS2.00 per litre on diesel and GHS0.36 per litre on petrol. That measure was initially scheduled to run for one pricing window, ending 15 May 2026.
However, following a fresh review, the government has now adjusted the intervention, announcing that it will absorb GHS1.07 per litre on diesel effective 16 May 2026.
The Ministry explained that the decision is intended to ensure the continued availability and stable distribution of petroleum products across the country, while also providing ongoing relief to consumers facing elevated global fuel prices.
The latest intervention is expected to run for two pricing windows, subject to further review based on market developments.
The statement was signed by Richmond Rockson, Esq., Spokesperson and Head of Communication at the Ministry of Energy and Green Transition.
