Government to Cut Diesel Prices by GH¢2 Per Litre Amid Fuel Price Surge
#FuelPricesGhana #DieselPrices #GhanaEconomy #ChannelOneTV #BusinessNews
Channel One Business News can confirm that government is set to intervene in fuel pricing from Tuesday, August 4, 2026, by absorbing GH¢2 per litre of the cost of diesel to cushion consumers against rising pump prices.
Sources indicate that the intervention will apply specifically to diesel, with no corresponding support announced for petrol.
The move marks the second time government has stepped in to cushion consumers following recent fuel price increases linked to rising international petroleum prices, Middle East tensions and pressure on the Ghana cedi.
The intervention comes as diesel prices approach GH¢20 per litre at some fuel stations, while petrol prices have crossed GH¢15 per litre at several outlets following upward adjustments by Oil Marketing Companies during the first pricing window of August.
Watch the full report for more details on the government's fuel pricing intervention and what it means for consumers, transport operators and businesses.
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