• Ghana will subsidize fuel prices by 2 cedis per litre of diesel and 0.36 cedi per litre of petrol starting April 16.
• The measure will last one month as authorities monitor global oil market developments.
• The move follows recent price hikes by the National Petroleum Authority amid rising global crude prices.

Ghana’s government has introduced a temporary fuel subsidy to cushion households and businesses against rising global oil prices and mounting pressure on purchasing power.

Starting Thursday, April 16, the state will cover part of pump costs, subsidizing diesel by 2 cedis per litre and petrol by 0.36 cedi per litre. The presidency announced the measure in a statement published on Tuesday. Authorities aim to limit the impact of higher fuel prices on consumers, transport operators, and businesses.

The government approved the intervention as global crude prices increased amid geopolitical tensions. As a result, petroleum product costs have risen sharply on international markets, prompting domestic mitigation efforts.

Effective April 16, 2026, Government will absorb part of petroleum price increases GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol to ease the burden on households, transport operators, and businesses amid global market volatility.

This temporary one-month… pic.twitter.com/xvkCZVpVn3

— Ghana Presidency (@GhanaPresidency) April 15, 2026

A Temporary Response to Price Pressures

The government will apply the subsidy for one month. During this period, authorities will closely monitor oil market trends and assess whether further adjustments are necessary.

This decision follows recent fuel price increases set by the National Petroleum Authority (NPA). On April 1, the regulator fixed petrol prices at 13.30 cedis per litre, up by 1.73 cedis, and diesel prices at 17.10 cedis per litre, up by 2.75 cedis. Liquefied petroleum gas (LPG) reached 10.71 cedis per kilogram.

The government has framed the subsidy as part of a broader set of measures aimed at preserving price stability and supporting economic recovery in the face of external shocks.

Meanwhile, authorities have opened discussions on revising taxation on petroleum products. Policymakers are considering whether to maintain or adjust specific levies, including the “one cedi levy” currently embedded in pump prices.

Charlène N’dimon