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BusinessGeneralHeadlines

Transport operators laud gov’t for absorbing fuel prices, call for sustained relief

Transport operators have welcomed government’s decision to absorb part of fuel prices, describing it as a major relief and urging sustained intervention to stabilise costs.

Hamdia Mohammed By Hamdia Mohammed Published April 16, 2026
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Commercial Transport Operators of Ghana have welcomed the government’s recent reduction in fuel prices, describing it as a major relief for both the transport sector and commuters.

The government, on April 15, 2026, absorbed GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol as a temporary intervention aimed at cushioning consumers against rising global fuel prices.

In a statement, the group expressed appreciation for what they described as a timely intervention that has significantly reduced fuel costs, particularly diesel.

The group stated that it “express our profound appreciation to His Excellency President John Mahama, the Hon. Minister for Transport Joseph Bukari Nikpe, and Lawyer Edudzi Tamakloe of the National Petroleum Authority (NPA) for their decisive intervention that has resulted in a significant reduction in petroleum prices, particularly the Nine Ghana Cedis (GH₵9.00) reduction on diesel.”

It added that the development comes at a crucial time, as operators had been struggling with high operational costs due to rising fuel prices.

“This reduction could not have come at a better time,” the statement noted, stressing that the price cut will help ease financial pressure within the sector.

The operators further indicated that the move is expected to stabilize transport fares and bring relief to households, while pledging to reflect the reduction in their pricing.

However, they called for sustained government support to ensure continued stability in fuel prices and to address other operational challenges, including spare parts, insurance, and road conditions.

Source: Starrfm.com.gh

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TAGGED:Fuel price cutsGhana NewsMahama gov'tTransport OperatorsTransport System
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