Cabinet has reviewed fuel prices by removing some taxes and margins on the petroleum product.
This decision was reached following a Cabinet meeting held on Thursday April 9, 2026 at the Jubilee House.
Announcing the decision at a press briefing shortly after the Cabinet meeting, Minister for Government Communications Hon. Felix Kwakye Ofosu revealed that the President has directed the Energy Ministry to reduce some taxes and margins on petroleum product whilst also holding discussions with the sector stakeholders.
“Energy Ministry has been asked to reduce some taxes and margins
Also let me indicate that all factors were considered in terms to avoid compromising the energy sector”, Hon. Kwakye Ofosu emphasized.
He added that the removal of the tax margins will last for four weeks.
“Specific cost of reduction will be announced in the next pricing windows”, Minister for Government Communications stressed.
He later revealed that government has banned fuel Allowance for Appointees
Source:www.senaradioonline.com
