Ghana news briefing
NPA to revise diesel price floor following government’s GH¢2 per litre subsidy
"With this intervention, what it means is that the current price floor that we set for diesel for this window will be reduced by GH¢2 per litre for diesel," he explained on Monday, August 3.
The National Petroleum Authority (NPA) has announced that it will revise the diesel price floor after government introduced a GH¢2 per litre subsidy aimed at cushioning consumers against rising fuel costs.
The new price floor, which takes effect on Tuesday, will serve as the minimum price at which Oil Marketing Companies (OMCs) can sell diesel during the current pricing window.
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