The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has disclosed that the Government of Ghana is reviewing additional measures to protect consumers from the impact of rising fuel prices, including increases in petrol prices and diesel prices driven by global petroleum market trends.
Speaking on Joy News PM Express Business Edition on September 17, 2026, Tameklo revealed that the NPA has submitted several policy options to the Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, for consideration. The proposed measures are aimed at maintaining fuel price stability, reducing the burden on households and businesses, and supporting economic growth amid rising international crude oil prices.
Although he did not provide details of the specific interventions under review, Tameklo assured Ghanaians that the government remains committed to implementing policies that will help cushion consumers from the effects of increasing petroleum product prices. He noted that government decisions will be guided by developments in the global energy market and the need to protect consumers from excessive fuel costs.
According to the NPA CEO, diesel prices in Ghana could have climbed to approximately GH¢28 per litre if government had not intervened to absorb part of the sharp increase in international petroleum prices. He explained that the intervention was necessary to prevent the full impact of global fuel price increases from being passed on to consumers, which could have led to higher transportation costs, increased cost of living, and rising prices of goods and services.
Tameklo further disclosed that the government has already spent more than GH¢1 billion on fuel price relief measures designed to cushion consumers and businesses from the effects of rising petroleum costs.
Looking ahead, he indicated that longer-term or permanent fuel subsidy measures could be considered in the 2027 national budget, which is expected to be presented by Finance Minister Dr. Cassiel Ato Forson in November 2026. He noted that several policy options are currently under review and that further announcements may be made in the coming months.
Earlier in 2026, the government introduced interventions to reduce the impact of rising global oil prices on consumers. While the initial support covered both petrol and diesel, the policy later focused primarily on diesel due to its significant role in transportation, logistics, and commercial activities.
On August 3, 2026, President John Dramani Mahama directed the National Petroleum Authority to absorb GH¢2 per litre of diesel as part of a broader strategy to ease fuel price pressures on consumers, commercial transport operators, and businesses that rely heavily on diesel. The government has since extended the diesel price support programme through September 2026.
Source: newsthemegh.com