Business

Gov’t to Suspend GH¢1 D-Levy on Diesel for October and November

The move keeps the government’s total diesel intervention at GH¢2 per litre amid projected fuel price increases.

Story Highlights
  • GH¢1 D-Levy on diesel to be suspended.
  • GH¢2-per-litre diesel intervention maintained.
  • Diesel prices projected to rise by 22.91%.

The government is set to suspend the GH¢1-per-litre Energy Sector Shortfall and Debt Repayment Levy (D-Levy) on diesel for October and November 2026.

The move means the government’s total intervention on diesel will remain at GH¢2 per litre, although the funding structure will change.

Under the new arrangement, the reduction in statutory margins will be lowered from GH¢2 to GH¢1 per litre, while the remaining GH¢1 will come from the temporary suspension of the D-Levy.

Motorists will therefore continue to benefit from a total GH¢2-per-litre reduction on diesel.

The decision comes as fuel prices are projected to rise significantly in the first pricing window of October.

The Chamber of Petroleum Consumers (COPEC) has projected a 22.91% increase in diesel prices and a 5.21% rise in petrol prices from Thursday, October 1, 2026.

COPEC expects the average retail price of diesel to rise from GH¢18.24 to GH¢22.42 per litre, while petrol is projected to increase from GH¢16.90 to GH¢17.78 per litre.

The anticipated increases have also contributed to an 8% rise in transport fares.

The government’s decision to maintain the GH¢2-per-litre diesel intervention is therefore expected to cushion consumers against part of the projected increase.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button