GH¢13.27 for petrol. GH¢16.10 for diesel. Those are GOIL's new pump prices as of 16 April, matching the NPA price floor for the second pricing window of the month.

Star Oil has confirmed the same prices. TotalEnergies and Shell have not yet published their April 16 rates.

Petrol fell 3 pesewas from the GH¢13.30 reported in Ferviddy's fuel prices ranking piece. Diesel fell GH¢1.00 from GH¢17.10. The diesel cut is the material one.

What the government did

The Cabinet emergency meeting on 9 April produced three changes to the petroleum price build-up, effective from the 16 April window.

The Special Petroleum Tax was scrapped entirely. Five energy-related charges — the Energy Debt Recovery Levy, Energy Sector Recovery Levy, Delta Fund, Price Stabilisation and Recovery Levy, and Sanitation and Pollution Levy — were consolidated into a single Energy Sector Shortfall and Debt Repayment Levy at a lower combined rate. The government deliberately withheld the per-litre levy breakdown before 16 April to avoid sector volatility.

On top of the structural changes, the government is absorbing GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol. Energy Ministry spokesperson Richmond Rockson said this represents a net loss of approximately GH¢200 million per pricing window that could have accrued to the government, but that it is a necessary sacrifice.

Separate estimates suggest every GH¢1.00 cut from fuel taxes costs the Treasury nearly GH¢500 million per month. The intervention is temporary — one month, then Cabinet reassesses.

The gap with what civil society wanted

IMANI Africa, COPEC, INSTEPR, and the Institute for Energy Security proposed a GH¢1.65 per litre reduction for two months, achieved by trimming the Road Fund Levy, Energy Fund Levy, BOST margin, and fuel marking margin while cutting the UPPF by half and removing the PSRL entirely. They argued the state has fiscal space from crude oil production windfalls to absorb the cost.

What was delivered is smaller and shorter: a 3-pesewa petrol cut and GH¢1.00 diesel cut for one month. The CSO coalition's proposal remains on the table.

Crude eased from a peak of approximately $102 per barrel to $95 by mid-April but the Strait of Hormuz remains restricted.