Government to suspend GH¢1 D-Levy on diesel for October, November

The move means the government’s effective intervention on diesel will remain at GH¢2 per litre, although the composition of the intervention is changing.

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 suspension of the D-Levy.

Motorists will therefore continue to benefit from a total GH¢2-per-litre intervention on diesel—GH¢1 through reduced statutory margins and another GH¢1 through the suspension of the D-Levy.

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

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

In a statement issued on Tuesday, September 29, and signed by its Executive Secretary, Duncan Amoah, COPEC attributed the expected increases largely to higher international petroleum prices and a marginal depreciation of the Ghana cedi against the US dollar.

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

The anticipated fuel price increases have already contributed to an 8% increase in transport fares.

The government’s decision to maintain the GH¢2-per-litre intervention on diesel is therefore expected to cushion consumers from part of the projected increase in diesel prices, while shifting the source of the intervention from statutory margins to a temporary suspension of the D-Levy.