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, Citi Business News has gathered.
The move will maintain the government’s effective GH¢2-per-litre intervention on diesel, although the source of the relief will change.
Under the revised arrangement, the reduction in statutory margins will be lowered from GH¢2 to GH¢1 per litre, with the remaining GH¢1 coming from the temporary suspension of the D-Levy.
Motorists will therefore continue to receive a total GH¢2-per-litre relief on diesel, comprising GH¢1 from reduced statutory margins and GH¢1 from the suspension of the D-Levy.
The intervention comes as diesel prices are projected to record a sharp increase 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 increase from GH¢16.90 to GH¢17.78 per litre, while diesel is expected to rise from GH¢18.24 to GH¢22.42 per litre.
The projected increases have also 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 against part of the projected increase, while temporarily shifting GH¢1 of the relief from reduced statutory margins to the suspension of the D-Levy.
