NPA CEO Godwin Tameklo Outlines Plans to Extend Fuel Price Interventions as Government Spends GH¢1 Billion

The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has announced that the Ghanaian government is exploring new strategies to protect consumers from the volatility of international petroleum prices. Speaking on Joy News on September 17, 2026, Mr. Tameklo revealed that the government has already committed more than GH¢1 billion toward existing price mitigation measures. These interventions have been critical in preventing a significant spike in diesel costs, which could have otherwise soared past GH¢28 per litre. Currently, the support helps maintain prices below the GH¢20 mark, providing much-needed relief to motorists and businesses alike.

A central component of the current relief effort is a GH¢2-per-litre intervention specifically for diesel. However, with this program set to expire at the end of September 2026, the NPA is actively evaluating the feasibility of not only extending this support but potentially expanding it to include petrol. Mr. Tameklo noted that the Authority has submitted various scenarios and technical evaluations to the Minister of Energy, Dr. John Abdulai Jinapor. These proposals take into account the complex interplay of international market trends, domestic tax structures, and the stability of the exchange rate, all of which continue to exert pressure on pump prices.

Looking ahead, the government aims to move toward more sustainable, permanent solutions rather than temporary subsidies. While the Energy Ministry reviews the NPA's current recommendations, broader fiscal policies are expected to be unveiled soon. Mr. Tameklo indicated that Finance Minister Dr. Cassiel Ato Forson is likely to outline comprehensive, long-term measures to cushion fuel consumers during the upcoming national budget presentation in November 2026. This move signals the Mahama administration's commitment to maintaining economic stability and protecting the purchasing power of Ghanaians amidst global energy uncertainties.