The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, says government is considering several options to continue cushioning consumers against the rising price of petroleum products.

"From our end at the National Petroleum Authority, we have submitted several scenarios to my sector minister, Dr. John Abdulai Jinapor and he is looking through to take the necessary measures," Tameklo said.

He disclosed this on Joy News' PM Express Business Edition on September 17, 2026, with host George Wiafe.

Tameklo said he would not go into specifics on which options were on the table, but assured that government would take the necessary actions to protect consumers going forward, taking into account current developments on the international market. He added that government had done this before and would continue to place consumers and Ghanaians at the heart of its programmes and policies.

The Case for Continued Intervention

Tameklo said the price of diesel at fuel stations could have risen to about GH¢28 per litre if government had not stepped in to absorb part of the sharp increase in international petroleum prices.

"Government's intervention had been necessary to prevent the full effect of rising international prices from being transferred to consumers, particularly at a time when higher fuel costs could have wider implications for transportation and the cost of goods and services," he said.

He added that government has already committed more than GH¢1 billion to cushion consumers from the impact of rising petroleum product prices.

Possible Permanent Measures Ahead

Looking beyond the current interventions, Tameklo said he would not rule out permanent measures being introduced through next year's budget, to be presented by Finance Minister Dr. Cassiel Ato Forson in November 2026.

"Several options are being considered, and we should expect something from the finance minister soon," he said.

Background

Earlier this year, government rolled out measures to cushion consumers of petroleum products against rising international prices. The intervention initially covered both petrol and diesel, before narrowing to focus on diesel amid concerns over its outsized economic impact compared to petrol.

On August 3, 2026, President John Dramani Mahama directed the NPA to absorb GH¢2 on every litre of diesel as part of measures to cushion consumers against fuel price increases, a move aimed at easing the burden on Ghanaians, particularly commercial transport operators and businesses that depend heavily on diesel. Government has since extended the policy through September 2026.