Business

Government Absorbs Over GH¢2bn to Cushion Fuel Consumers

The National Petroleum Authority’s CEO reports the state has spent more than two billion cedis to ease rising fuel costs for Ghanaians.

NPA CEO Godwin Kudzo Tameklo speaking at the NPA Consumer Week in Kasoa
Government Absorbs Over GH¢2bn to Cushion Fuel Consumers

At the 2026 NPA Consumer Week Celebration in Kasoa, Chief Executive Officer Godwin Kudzo Tameklo announced that the Ghanaian government has so far absorbed a little over GH¢2 billion to relieve the financial strain on citizens caused by escalating fuel prices.

Mr Tameklo said the intervention is part of a broader effort to improve living conditions and provide relief amid prevailing economic pressures.

He added that the government remains committed to implementing measures aimed at cushioning the public against rising costs, and that President John Dramani Mahama directed the initiative to ease the pressure of rising fuel prices on consumers.

Further details on how the funds will be allocated or future steps were not disclosed at the event.

Written by

Daniel

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