GH¢2 diesel relief will not affect government revenue - Felix Kwakye Ofosu

He said the government chose to intervene in diesel prices because diesel remained the main fuel for commercial transport, and any increase in its price quickly translated into higher transport fares and increased living costs.

The GH¢2 per litre reduction in diesel prices will not affect government revenue, contrary to concerns raised by the opposition New Patriotic Party (NPP), the Minister of State in charge of Government Communications, Felix Kwakye Ofosu has said.

Mr Kwakye Ofosu said the diesel price intervention differed from the recent increase in electricity tariffs, which he said resulted from an International Monetary Fund condition requiring the cost of fuel used in electricity generation to be reflected in tariff calculations.