Government to absorb part of petroleum price increases from April 16
Government will, effective April 16, 2026, absorb part of the recent increases in petroleum product prices as a temporary measure to ease the burden on households, transport operators and businesses.
Under the intervention, Government will absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol.
A statement issued by Mr Felix Kwakye Ofosu, Presidential Spokesman and Minister of State in charge of Government Communications, said the one‑month intervention was in response to global market volatility affecting fuel prices.
The statement said the measure underscored the commitment of President John Dramani Mahama’s administration to protect livelihoods, stabilise prices and sustain economic recovery under challenging global conditions.
It reaffirmed Government’s resolve to maintain price stability, safeguard livelihoods and support Ghana’s economic recovery in the face of external shocks.
Source: GNA
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