Dennis Miracles Aboagye, an aide to the New Patriotic Party (NPP) flagbearer Dr Mahamudu Bawumia, has claimed that the Mahama government’s GH¢2 reduction in diesel prices has not provided meaningful relief to Ghanaians.
The NPP man argued that although the government has introduced the reduction, the overall price of fuel at the pumps remains higher than what Ghanaians were paying previously.
According to Miracles Aboagye, even after the reduction, fuel prices remain a major contributor to the high cost of living.
Miracles Aboagye urged the Mahama government to measure it against the promises it made to Ghanaians, particularly the commitment to reduce the cost of living, adding that the government must focus on delivering tangible relief to citizens.
Speaking on Eyewitness News, Miracles Aboagye stated, “The question is not about how much he is removing. It is what impact the two cedis is making in the global picture”.
“As we speak, even with the removal of the two cedis, fuel prices are still more expensive than they met it,” Mr Aboagye stated.
He added, “The promise was a sacred one to the people of this country. He said he was going to make it cheaper, make it less expensive for the Ghanaian people”.
“The Ghanaian people are talking about the fact that the NDC came to meet a litre of fuel at the pumps at a certain price and today, even with the two cedis removed, it is more expensive than they met it,” he added.
His comments follow President John Dramani Mahama, who directed a GH¢2.00 per litre reduction in the regulatory margin on diesel to cushion consumers against surging fuel pump prices, effective Tuesday, August 4, 2026.
The directive was announced Monday by the Presidency Communications Office and signed by Minister Felix Kwakye Ofosu and will last for a month before it will be reviewed.
The move forms part of the government’s aims to cushion consumers, hold back planned transport fare hikes, curb inflation, and soften the blow from higher global fuel costs.
The statement issued by the presidency read, “His Excellency the President has directed that, in line with the decision of Cabinet and the successful intervention implemented in April 2026, the regulatory margin on diesel be reduced by GHS 2.00 per litre for one (1) month.
This temporary intervention is intended to cushion consumers, prevent transport fare hikes, contain inflationary pressures, and mitigate the pass-through effect of higher fuel prices on the cost of living.
This directive shall take effect from Tuesday, 4 August 2026, and shall remain in force for one month, unless otherwise reviewed by Government.
The Government will continue to monitor developments in the international energy market closely and take additional policy measures, where necessary, to protect the interests of the Ghanaian people and sustain economic recovery”.
@ghnow_ Washroom facilities constructed at the Pokuase Interchange #FYP #GHNow ♬ original sound – FEG ZIGGY SARKCESS
