The Ghana Oil Company (GOIL) has reduced fuel by 15 pesewas.
The reduction follows a directive from the President after a meeting with transport operators and unions at the Jubilee House.
The reduction took effect today, Tuesday, December 7, 2021.
A litre of fuel at Goil IS now selling at 6 cedis 70 pesewas.
It remains unclear for what period the reduction will last.
Several passengers were left stranded across the country following a strike action by commercial transport operators.
The strike action was to compel the government to scrap some taxes on fuel to enable reduction at the pumps.
According to the Coalition, the government failed to heed their calls for some taxes on fuel prices to be scrapped off hence the decision to embark on the sit-down strike.
The coalition of private transport operators consists of Ghana Private Road and Transport Union (GPRTU), Association of Tipper Truck Drivers, Harbor Transport Owners, Ghana National Cargo Transport Association, Ghana Committed Drivers Association, Concerned Drivers Association, Digital Drivers, Commercial motorbike riders, popularly referred to as Okada, the Chamber of Petroleum Consumers among others.
The Coalition wants the government to scrap off taxes like the Price Stabilization and Recovery Levy, Special Petroleum Tax, the Energy Recovery Debt Levy, and the Sanitation levy.