The government has announced that the Energy Sector Shortfall and Debt Repayment Levy (D‑Levy) of GH¢1 per litre on diesel will be suspended for October and November. The move keeps the total intervention on diesel at GH¢2 per litre, but the composition of the support changes.
Under the new arrangement, the statutory margin reduction will be lowered from GH¢2 to GH¢1 per litre, while the remaining GH¢1 comes from the suspension of the D‑Levy. Motorists will therefore continue to enjoy a GH¢2‑per‑litre intervention—GH¢1 through reduced statutory margins and another GH¢1 through the temporary removal of the D‑Levy.
Fuel prices are expected to rise sharply in the first pricing window of October. The Chamber of Petroleum Consumers (COPEC) projects a 5.21% increase in petrol prices and a 22.91% rise in diesel prices from Thursday, October 1, 2026. COPEC’s Executive Secretary, Duncan Amoah, said the hikes are largely due to higher international petroleum prices and a marginal depreciation of the Ghana cedi against the US dollar.
COPEC forecasts the average retail price of petrol to climb from GH¢16.90 to GH¢17.78 per litre, while diesel is expected to rise from GH¢18.24 to GH¢22.42 per litre. The anticipated fuel price increases have already pushed transport fares up by 8%.
By maintaining the GH¢2‑per‑litre intervention, the government aims to cushion consumers from part of the projected diesel price rise, shifting the source of the support from statutory margins to a temporary suspension of the D‑Levy.
