President Mahama Orders GH¢2 Diesel Price Cut to Ease Cost of Living

In a move to ease the burden of rising fuel costs, President John Dramani Mahama has directed a GH¢2.00 per litre cut in the regulatory margin on diesel, taking effect from Tuesday, August 4, 2026.

The decision, confirmed by Presidential Spokesperson and Minister for Government Communications Felix Kwakye Ofosu on Monday, August 3, follows a Cabinet directive to mitigate the impact of high fuel prices on the cost of living.

The temporary intervention builds on a similar measure introduced in April 2026 and will remain in force for one month unless reviewed by government.

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