Duncan Amoah, the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), has said the second fuel pricing window may trigger discussions about the possible removal of some taxes on fuel at the pumps.
According to Duncan Amoah, the government has hinted that it will review fuel taxes if pump prices exceed GH¢15.
COPEC Executive Secretary highlighted that the conversation about the taxes will kick in, particularly the GHȼ1 fuel levy.
He explained that the government is monitoring developments closely and may consider adjusting or removing certain fuel taxes to help reduce pressure on oil marketing companies (OMCs).
Speaking on Channel One Newsroom on Sunday, March 15, 2026, Duncan Amoah stated, “I am aware that the government was in some conversation with some petroleum service providers.
The threshold has been GHȼ15. So, if we wake up tomorrow and the OMCs are doing 15 and beyond, be assured that the conversation about the taxes will kick in, particularly the GHȼ1 fuel levy”.
In related news, the Ghana Private Road Transport Union (GPRTU) has also hinted at an increase in transport fares as fuel prices are expected to rise.
According to the GPRTU, an upward adjustment in fuel prices in the next pricing window could compel them to increase transport fares to reflect operational costs.
Abass Imoro, the Industrial Relations Officer of the Ghana Private Road Transport Union explained that transport operators are already feeling the pressure from rising operational costs.
Speaking on the Channel One Newsroom on Channel One TV on Sunday, March 15, 2026, he stated, “You know we work for profit, and for some time now prices have remained the same. Some of our people even went out of their way to increase their prices, but we were able to stop them. This indicates that they are looking for a change in the prices of fares”.
“We spoke about the prices of spare parts, lubricants and other things we use on our cars, but their prices have remained high. So these are the indicators we look at,” he explained.
“We do not immediately impose a new fare, but if the price of fuel changes and it is upwards, everybody should expect a change in lorry fare,” he said.
Meanwhile, reports suggest fuel prices will increase by some significant margin from today March 16; Petrol up by 16.93%, and Diesel 17.21%.
In related news, Dr Yussif Sulemana, the Technical Advisor at the Ministry of Energy and Green Transition, has announced that Ghana’s immediate threat amid the escalating Middle East crisis is crude oil prices.
According to Dr Yussif Sulemana, Ghana is not facing an immediate fuel supply shortage despite rising tensions in the Middle East, as the country has sufficient fuel stocks to meet demand in the short term.
Speaking on the Citi Breakfast Show on Monday, March 9, 2026, Dr Sulemana stated, “We are not immediately threatened by the supply or the availability of the product. What we are immediately threatened with is the price. Are we able to maintain the price? That is a big question that we are looking at”.
“We have only to ensure that we maintain the availability of supply. After we made the announcement, we have been working closely with the NPA, and they have given us the assurance that we can go beyond the five weeks,” he stated.
He further announced that additional fuel shipments are already in the country’s ports.
“We have some ships that have been docked at the harbour, ready to discharge. So, if these ships are discharged, we can go up to 10 weeks,” he added.