Govt Saves Commuters GHC1 Diesel Levy for Two Months
Authorities will pause the GHc1 diesel levy for two months and adjust price relief as fuel prices climb.
The government will suspend the GHc1-per-litre Energy Sector Shortfall and Debt Repayment Levy on diesel for October and November. This halts a planned levy that would have added to pump prices. The relief keeps diesel cost rates lower during a sharp market surge.
Petrol faces a 5.21% rise as global costs climb, putting pressure on transport fares which have already gone up by 8%. The move follows a warning that diesel could jump from GHc18.24 to GHc22.42 per litre on October 1, 2026.
By retooling the subsidy channel and trimming statutory margin cuts from GHc2 to GHc1, the state aims to absorb some of the expected price shock. COPEC notes the cedi’s dip against the dollar fuels the jump in import costs.
Petrol climbs to GHc17.78 per litre while diesel sees the steepest rise. The measure shields freight and passenger operators from the full weight of the upcoming adjustment.
The policy runs until the end of November with reviews pending based on market movements. Ongoing talks with oil sector bodies continue to shape the relief approach.
No event is scheduled as no specific public gathering is announced with a fixed date.
