Ghana’s 2014–15 fuel queues were artificially created, NPA chief says
NPA CEO Godwin Edudzi Tamakloe says queues during 2014–15 were internally generated, not due to product shortages.
In Brief
- •NPA CEO Godwin Edudzi Tamakloe says queues during 2014–15 were internally generated, not due to product shortages.
- •The NPA raised the price floor to GH¢16 per litre for petrol and GH¢16.77 for diesel from 16 September.
- •Tamakloe highlights that the fuel sector is a national security priority and that price is influenced by FOB, tax, and exchange rate.
- •The government is now focusing on managing internal risks and preparing for external shocks in the downstream petroleum sector.
Why It Matters
Fuel is described as the nervous system of Ghana’s economy; shortages can halt transport, industry, and daily life. By clarifying that past queues were artificially created, the NPA signals a shift toward tighter regulation and risk management, aiming to safeguard national security and economic stability amid volatile global oil prices.
Key Details
- Price floor for petrol
- GH¢16 per litre
- Price floor for diesel
- GH¢16.77 per litre
- Effective date
- 16 September 2026
- CEO
- Godwin Edudzi Tamakloe
- Sector importance
- National security priority
Context & Background
The 2014–15 fuel crisis in Ghana saw widespread queues at filling stations, prompting government intervention and policy changes to stabilize the downstream petroleum sector.
Original Reporting & Sources
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