BREAKING: President Mahama orders GH¢2 diesel price reduction for one month to ease transport costs
President John Dramani Mahama has directed the government to implement a temporary GH¢2.00 per litre reduction in diesel prices for one month as part of efforts to cushion Ghanaians against rising transport costs.
The intervention, which takes effect from the next fuel pricing window, is aimed at easing the financial burden on transport operators, businesses, and households while helping to curb anticipated transport fare hikes. Under the measure, the government will absorb part of the increase in diesel prices caused by fluctuations in the global oil market.
Government officials say the decision reflects the administration’s commitment to protecting livelihoods and maintaining price stability amid external economic pressures. Authorities will monitor developments in the international petroleum market during the one-month period before deciding on any further interventions.
The announcement is expected to bring relief to commuters and businesses that have faced increasing transportation and operating costs in recent weeks, with many hoping the reduction will translate into stable or lower public transport fares.
