The government has announced adjustments to its fuel price intervention measures, with the subsidy on petrol coming to an end while support for diesel continues at a reduced rate.
In a press release issued on Friday, May 16, 2026, by the Ministry of Energy and Green Transition, the government stated that it will absorb GH₵1.07 per litre on diesel effective Friday, May 16, 2026.
The latest decision follows a cabinet meeting chaired by President John Dramani Mahama, which reviewed developments on the international petroleum market.
According to the ministry, the previous intervention, which took effect on April 16, 2026, saw the government absorbing GH₵2.00 per litre on diesel and GH₵0.36 per litre on petrol. That measure ended on May 15, 2026.
“The Government has decided to intervene in the price of diesel by absorbing GH₵1.07 per litre effective 16th May, 2026,” the statement said.
The new diesel subsidy is expected to last for a period of two pricing windows, subject to review. The intervention is aimed at cushioning consumers from the impact of rising global fuel prices while ensuring sustainable distribution of petroleum products across the country.
The Ministry noted that the adjustments were necessary amid ongoing geopolitical tensions affecting international oil prices.
The statement was signed by Richmond Rockson, Esq., Spokesperson and Head of Communication at the Ministry of Energy and Green Transition.
