President John Dramani Mahama has returned to Ghana, cutting short his official visit to France to lead an emergency Cabinet meeting today, Thursday, April 9, 2026.
The high-stakes session was convened to address the sharp surge in domestic fuel prices caused by the escalating Iran-Israel conflict and the closure of the Strait of Hormuz.
Key Outcomes of the Emergency Cabinet Meeting
Following the meeting, President Mahama issued a series of directives aimed at providing immediate relief to Ghanaian households and businesses:
Petroleum Tax Cuts: The President tasked Finance Minister Dr. Cassiel Ato Forson and Energy Minister John Jinapor to remove specific taxes and levies from the fuel price build-up.
Transport Subsidy: The Ministry of Transport has been ordered to immediately deploy 100 new Metro Mass Transit buses with reduced fares to help commuters cope with the rising cost of living.
Austerity Measures: In a move to reduce government spending, the President issued a firm reminder that the ban on fuel allowances for ministers and senior government appointees remains in strict effect.
Initial Duration: These relief measures will be implemented for an initial period of four weeks, with a review scheduled based on the status of the Middle East crisis.
Economic Context: The Fuel Spike
The "National Reset" of fuel prices follows a significant jump on April 1, 2026:
Petrol: Rose to approximately GH¢ 13.30 per litre (a 15% increase).
Diesel: Climbed to roughly GH¢ 17.10 per litre (a 19% increase).
“The government remains fully committed to easing the burden on citizens... we will make the necessary adjustments to maintain stable prices.” — President John Dramani Mahama.
Highlights of the France Visit
Before his early return, the President secured several major wins for Ghana during his three-day trip to Lyon and Paris:
First Beneficiary: Ghana was selected as the first beneficiary of France's new National Health Platform, a health compact that will provide massive funding for hospital upgrades and reforms.
Global Recognition: French President Emmanuel Macron praised the Accra Reset Initiative as a global blueprint for how the "Global South" should partner with international health organizations.
Bilateral Deals: Agreements were reached in Artificial Intelligence (AI), sustainable agriculture, and the construction of the Accra-Kumasi Expressway.
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