Adomako-Mensah Urges Government to Tackle Rising Fuel Prices in 2027 Budget

byMavis FanteviNovember 12, 20260 The Deputy Ranking Member of Parliament’s Energy Committee, Collins Adomako-Mensah, has called on the government to address rising fuel prices in the 2027 budget, despite earlier promises to reduce the cost of petroleum products.

He said petrol prices continued to rise, questioning the effectiveness of government interventions aimed at cushioning consumers against increasing fuel costs.

Speaking on Bullet TV’s Morning Target with Akua Oteng Amponsah during a discussion on what the energy sector should expect from the 2027 budget, Mr Adomako-Mensah said the government needed to do more to ease the financial burden on Ghanaians.

“We’re told that petrol prices are going to come down. As I speak to you, petrol prices are skyrocketing,” he said.

He also described the government’s GH¢2-per-litre fuel price reduction intervention as insufficient, arguing that Ghana should use the additional revenue from higher international crude oil prices to provide greater relief to consumers.

He explained that the 2026 budget was based on a crude oil price benchmark of US$76.20 per barrel, while international prices had risen to between US$96 and US$100 per barrel.

According to him, the increase presents an opportunity for the government to generate additional revenue and use part of it to cushion consumers.

“The extra revenue that you are getting, you use that to cushion the Ghanaian people. And so, that is not something that I’m too excited about,” he stated.

Mr Adomako-Mensah further criticised the introduction of the GH¢1 fuel levy, which was subsequently suspended, arguing that the government should have reconsidered the measure earlier.

He urged the government to use the 2027 budget to introduce more effective measures to address fuel price increases and improve conditions in the energy sector.

He also called for the completion of outstanding rural electrification projects and increased crude oil production through new petroleum agreements to strengthen Ghana’s petroleum revenue.

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