ACCRA, April 10 – Ghana plans to remove selected fuel taxes and supply chain charges to cushion consumers from rising pump prices triggered by global oil market disruptions linked to the Middle East conflict.
Government spokesperson Felix Kwakye Ofosu said the measures are expected to take effect within a week, with final details to be confirmed after consultations with industry stakeholders.
The policy response comes as Ghana faces mounting pressure from higher fuel costs, with the country importing about 70% of its refined petroleum products. Recent adjustments by the National Petroleum Authority pushed petrol prices up by about 15% and diesel by roughly 19% in the latest pricing window.
Authorities indicated that the suspension of levies will initially last four weeks, after which the government will reassess market conditions. Officials attributed the recent price increases largely to geopolitical tensions affecting global oil supply.
In parallel, the government has directed the transport ministry to accelerate deployment of additional public buses along key routes, with fares set below private operators, as part of broader efforts to ease the cost-of-living pressure on commuters.
The move reflects a wider trend across African economies, many of which are grappling with higher fuel import costs and inflationary pressures stemming from global energy market volatility.
