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FUEL PRICES
Fuel
HeadlinesNews

COPEC, IMANI, others push for GHC1.65 reduction in fuel prices

Bright Sarfo Boateng
April 14, 2026
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A group of policy and energy think tanks in Ghana is asking the government to reduce fuel prices by GHC1.65.

They believe this will help people who are struggling with the high cost of living.

The groups, IMANI Africa, COPEC Ghana, INSTEPR, and the Institute for Energy Security, made this suggestion after John Dramani Mahama asked the Ministries of Energy and Finance to review how fuel prices are calculated and see if they can be reduced.

In a statement released on Tuesday, April 14, 2026, the groups said the price cut should come from properly adjusting taxes, fees, and other costs that make up fuel prices, not from quick, temporary fixes.

They explained that the GHC1.65 reduction should last for two months, instead of the four weeks the government is considering. According to them, a longer period will give people and businesses more time to feel the benefit, especially during these tough and uncertain times.

The groups also said this move would not seriously hurt the country’s finances. They believe Ghana could make up for the loss through expected earnings from crude oil exports during that period.

Fuel prices have been a major concern for many people because they affect transportation costs and food prices.

The think tanks say that while this short-term relief is important, the government should also work on long-term changes to the fuel pricing system to avoid frequent price increases in the future.

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TAGGED:COPECfuel levyIMANI
SOURCES:The Ghana Report

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