General News
Mahama orders GH¢2 per litre diesel price reduction
President John Dramani Mahama has directed a temporary reduction of GH¢2.00 per litre in the regulatory margin on diesel to ease the burden of rising fuel costs on Ghanaians.
The directive, announced by the Spokesperson to the President and Minister for Government Communications, Felix Kwakye Ofosu, follows a Cabinet decision and builds on a similar intervention introduced in April 2026.
The one-month measure is aimed at cushioning consumers, preventing increases in transport fares, containing inflationary pressures, and reducing the impact of higher fuel prices on the overall cost of living.
According to the statement, the reduction will take effect from Tuesday, 4 August 2026, and will remain in force for one month unless the government decides to review the policy.
The Presidency said the government will continue to closely monitor developments in the international energy market and implement additional policy measures where necessary to safeguard the interests of Ghanaians and sustain the country’s economic recovery
