In a decisive response to mounting public concern over escalating fuel costs, President John Dramani Mahama’s Cabinet has announced a series of measures aimed at easing the financial burden on citizens.
At its latest meeting, Cabinet directed the Ministers for Finance and Energy to immediately remove selected taxes and margins on petroleum products. The directive is expected to take effect in the next pricing window, approximately one week from now, and will remain in place for an initial period of four weeks. Officials say the move is designed to bring down pump prices and provide short-term relief to households and businesses grappling with higher transport and production costs.
In a related effort to improve affordable mobility, Cabinet instructed the Minister for Transport to fast-track the deployment of 100 newly acquired buses for the Metro Mass Transit Company. These buses will operate along high-traffic corridors and are mandated to charge fares lower than those of private operators, offering commuters a more cost-effective alternative.
President Mahama also reaffirmed the government’s ban on fuel allowances for ministers and senior officials, underscoring his administration’s commitment to austerity and fairness in the face of economic pressures.
The measures, according to government insiders, reflect a broader strategy to stabilize living costs while longer-term solutions to fuel price volatility are explored.
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