Ghana: Gov’t Steps In With Fuel Relief, Absorbs GH¢2 On Diesel, GH¢0.36 On Petrol

Government of Ghana has announced reductions in fuel levies and margins, cutting petrol by 36 pesewas and diesel by GH¢1.53, effective Thursday, April 16, 2026.

This was confirmed in a statement issued by Felix Kwakye Ofosu, Government Spokesperson, on Wednesday, April 15, 2026.

Despite the reduction, fuel prices are expected to rise from today, according to projections by the Chamber of Oil Marketing Companies.

The Chamber is projecting that petrol prices will increase between 1.93% and 3.01%, LPG between 0.75% and 0.90%, while diesel is expected to decline between 1.20% and 3.86%.

Although the statement did not provide details on which levies were reduced, this portal can confirm that the cuts affected four out of the eight levies and margins.

For petrol, the primary distribution margin was reduced from 26 pesewas to 19 pesewas, marking a reduction of 7 pesewas.

The BOST margin was also reduced from 12 pesewas to 9 pesewas, representing a reduction of 3 pesewas, while the fuel marking margin was reduced from 9 pesewas to 7 pesewas, a reduction of 2 pesewas.

The Unified Petroleum Price Fund (UPPF) was reduced from 90 pesewas to 66 pesewas, representing a reduction of 24 pesewas.

For diesel, the primary distribution margin was reduced from 26 pesewas to zero. The BOST margin on diesel was also reduced from 12 pesewas to zero, while the fuel marking margin of 9 pesewas was completely removed.

The Unified Petroleum Price Fund (UPPF) margin of 90 pesewas was also completely removed.

However, government has decided to provide 63 pesewas for the UPPF as a form of subsidy for transporters.

According to the Government Spokesperson, the reduction measure is temporary and will remain in place for one month.

During this period, government will monitor developments in the international oil market and assess the need for further policy adjustments.

Government reaffirmed its commitment to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery amid external shocks.