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Home Economy

Government moves to cushion Economy from Skyrocketing Fuel Prices

Mahama Cabinet takes critical decisions to mitigate the impact of rising fuel prices

Edzorna Francis Mensah by Edzorna Francis Mensah
April 9, 2026
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Government moves to cushion Economy from Skyrocketing Fuel Prices
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The Cabinet directed the Ministers for Finance and Energy to immediately remove certain taxes and margins on fuel to lower pump prices starting with the next pricing window, which is in approximately one week.

 

This will remain in effect for an initial period of four weeks.

The Cabinet also instructed the Minister for Transport to fast-track the deployment of 100 newly acquired buses for the Metro Mass Bus Company along high-traffic corridors.

These buses are mandated to charge lower fares than private operators to provide more affordable transport options for Ghanaians.

President John Dramani Mahama also reaffirmed the ban on fuel allowances for all ministers and senior government officials.

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