NPA ready to manage fuel price turbulence – Edudzi Tamakloe
By Ashiadey Dotse Ghana’s fuel market is facing fresh pressure as rising international oil prices push up the cost of petroleum products, but the National Petroleum Authority (NPA) says it is prepared to manage the turbulence. NPA Chief Executive Officer, Godwin Edudzi Tamakloe, said the Authority had been preparing to deal with challenges in the […]
Ghana's fuel market is bracing for potential turbulence as international oil prices surge, but the National Petroleum Authority (NPA) remains prepared to handle the situation, according to their CEO, Godwin Edudzi Tamakloe. The NPA has raised the fuel price floor to GH¢16 per litre for petrol and GH¢16.77 per litre for diesel, effective September 16, 2026, leading to increased pump prices.
Tamakloe emphasized that Ghana's heavy reliance on imported refined petroleum products leaves the country vulnerable to fluctuations in global market conditions. He acknowledged the inevitability of disruptions in the sector and stressed the NPA's readiness to respond to both positive and adverse circumstances.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
